Capital Group Municipal High-Income ETF $CGHM Shares Acquired by J. Derek Lewis & Associates Inc.

J. Derek Lewis & Associates Inc. boosted its stake in Capital Group Municipal High-Income ETF (NYSEARCA:CGHM) by 10.0% in the 1st quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The fund owned 580,246 shares of the company’s stock after purchasing an additional 52,924 shares during the period. Capital Group Municipal High-Income ETF comprises about 3.3% of J. Derek Lewis & Associates Inc.’s holdings, making the stock its 10th largest holding. J. Derek Lewis & Associates Inc.’s holdings in Capital Group Municipal High-Income ETF were worth $14,667,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

A number of other hedge funds have also recently added to or reduced their stakes in the stock. Royal Bank of Canada grew its stake in shares of Capital Group Municipal High-Income ETF by 113.5% during the first quarter. Royal Bank of Canada now owns 82,978 shares of the company’s stock worth $2,080,000 after buying an additional 44,104 shares during the last quarter. Jane Street Group LLC lifted its stake in shares of Capital Group Municipal High-Income ETF by 349.1% in the 1st quarter. Jane Street Group LLC now owns 93,676 shares of the company’s stock valued at $2,348,000 after acquiring an additional 72,817 shares during the last quarter. Sei Investments Co. bought a new position in shares of Capital Group Municipal High-Income ETF in the 2nd quarter valued at $927,000. Raymond James Financial Inc. boosted its holdings in shares of Capital Group Municipal High-Income ETF by 31.6% during the 2nd quarter. Raymond James Financial Inc. now owns 148,124 shares of the company’s stock valued at $3,649,000 after acquiring an additional 35,545 shares in the last quarter. Finally, Bank of America Corp DE acquired a new stake in shares of Capital Group Municipal High-Income ETF during the 2nd quarter valued at $34,000.

Capital Group Municipal High-Income ETF Stock Performance

Shares of CGHM stock opened at $25.52 on Friday. Capital Group Municipal High-Income ETF has a twelve month low of $24.32 and a twelve month high of $30.00. The stock’s fifty day simple moving average is $25.73 and its 200 day simple moving average is $25.65.

Capital Group Municipal High-Income ETF Company 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.