Northwestern Mutual Wealth Management Co. Purchases 188,583 Shares of Capital Group Municipal High-Income ETF $CGHM

Northwestern Mutual Wealth Management Co. grew its position in Capital Group Municipal High-Income ETF (NYSEARCA:CGHM) by 368.4% in the fourth quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The firm owned 239,778 shares of the company’s stock after acquiring an additional 188,583 shares during the period. Northwestern Mutual Wealth Management Co. owned about 0.23% of Capital Group Municipal High-Income ETF worth $6,110,000 at the end of the most recent quarter.

Other hedge funds and other institutional investors also recently modified their holdings of the company. Bank of America Corp DE bought a new position in shares of Capital Group Municipal High-Income ETF in the 2nd quarter valued at about $34,000. CIBC Private Wealth Group LLC bought a new position in shares of Capital Group Municipal High-Income ETF in the 3rd quarter valued at about $48,000. Advisory Services Network LLC bought a new position in shares of Capital Group Municipal High-Income ETF in the 3rd quarter valued at about $61,000. Camelot Portfolios LLC bought a new position in shares of Capital Group Municipal High-Income ETF in the 4th quarter valued at about $67,000. Finally, Flagship Harbor Advisors LLC bought a new position in shares of Capital Group Municipal High-Income ETF in the 4th quarter valued at about $68,000.

Capital Group Municipal High-Income ETF Price Performance

Shares of CGHM opened at $25.72 on Wednesday. The firm has a 50-day moving average of $25.52 and a 200-day moving average of $25.58. Capital Group Municipal High-Income ETF has a one year low of $24.29 and a one year high of $30.00.

Capital Group Municipal High-Income ETF Profile

The Capital Group Municipal High-Income ETF (CGHM) is an exchange-traded fund that mostly invests in broad credit fixed income. The fund seeks a high level of tax-exempt current income by actively investing in lower rated, intermediate- to long-term Muni bonds. CGHM was launched on Jun 25, 2024 and is issued by Capital Group.