Kestra Advisory Services LLC Grows Stock Position in Capital Group Municipal High-Income ETF $CGHM

Kestra Advisory Services LLC grew its stake in Capital Group Municipal High-Income ETF (NYSEARCA:CGHM) by 513.2% in the 1st quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The firm owned 438,921 shares of the company’s stock after buying an additional 367,340 shares during the quarter. Kestra Advisory Services LLC owned 0.39% of Capital Group Municipal High-Income ETF worth $11,113,000 as of its most recent SEC filing.

Other institutional investors also recently bought and sold shares of the company. Confluence Wealth Services Inc. increased its holdings in shares of Capital Group Municipal High-Income ETF by 10.7% during the 4th quarter. Confluence Wealth Services Inc. now owns 698,946 shares of the company’s stock valued at $17,809,000 after purchasing an additional 67,555 shares in the last quarter. Aprio Wealth Management LLC purchased a new stake in Capital Group Municipal High-Income ETF during the fourth quarter worth $16,422,000. Prentice Wealth Management LLC boosted its holdings in Capital Group Municipal High-Income ETF by 123.4% during the fourth quarter. Prentice Wealth Management LLC now owns 171,470 shares of the company’s stock worth $4,369,000 after buying an additional 94,719 shares in the last quarter. D.A. Davidson & CO. acquired a new position in shares of Capital Group Municipal High-Income ETF in the fourth quarter worth about $581,000. Finally, NewCorp Financial Services Inc. acquired a new position in shares of Capital Group Municipal High-Income ETF in the fourth quarter worth about $1,172,000.

Capital Group Municipal High-Income ETF Price Performance

CGHM stock opened at $25.82 on Monday. Capital Group Municipal High-Income ETF has a 52-week low of $24.29 and a 52-week high of $30.00. The company’s 50-day simple moving average is $25.70 and its 200-day simple moving average is $25.64.

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.