Valmark Advisers Inc. Purchases 107,821 Shares of Capital Group Municipal High-Income ETF $CGHM

Valmark Advisers Inc. raised its position in shares of Capital Group Municipal High-Income ETF (NYSEARCA:CGHM) by 57.6% in the first quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The firm owned 295,103 shares of the company’s stock after purchasing an additional 107,821 shares during the quarter. Valmark Advisers Inc. owned 0.26% of Capital Group Municipal High-Income ETF worth $7,472,000 as of its most recent SEC filing.

Other large investors have also made changes to their positions in the company. Bank of America Corp DE bought a new position in Capital Group Municipal High-Income ETF in the second quarter worth approximately $34,000. CIBC Private Wealth Group LLC purchased a new position in shares of Capital Group Municipal High-Income ETF during the 3rd quarter valued at $48,000. Advisory Services Network LLC purchased a new position in shares of Capital Group Municipal High-Income ETF during the 3rd quarter valued at $61,000. Camelot Portfolios LLC bought a new position in Capital Group Municipal High-Income ETF in the 4th quarter worth $67,000. Finally, Flagship Harbor Advisors LLC purchased a new stake in Capital Group Municipal High-Income ETF in the 4th quarter worth $68,000.

Capital Group Municipal High-Income ETF Price Performance

NYSEARCA:CGHM traded up $0.02 on Friday, reaching $25.82. 321,656 shares of the company’s stock traded hands, compared to its average volume of 425,116. The stock has a 50-day simple moving average of $25.70 and a 200-day simple moving average of $25.64. Capital Group Municipal High-Income ETF has a 12 month low of $24.29 and a 12 month 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.