First Interstate Bank Purchases 33,387 Shares of Capital Group Municipal High-Income ETF $CGHM

First Interstate Bank increased its position in shares of Capital Group Municipal High-Income ETF (NYSEARCA:CGHM) by 20.7% during the 1st quarter, Holdings Channel reports. The firm owned 194,377 shares of the company’s stock after purchasing an additional 33,387 shares during the quarter. First Interstate Bank’s holdings in Capital Group Municipal High-Income ETF were worth $4,922,000 as of its most recent SEC filing.

Other institutional investors have also added to or reduced their stakes in the company. Cambridge Investment Research Advisors Inc. grew its stake in Capital Group Municipal High-Income ETF by 835.6% in the 4th quarter. Cambridge Investment Research Advisors Inc. now owns 1,643,882 shares of the company’s stock valued at $41,886,000 after purchasing an additional 1,468,177 shares during the period. LPL Financial LLC raised its stake in shares of Capital Group Municipal High-Income ETF by 52.7% during the 4th quarter. LPL Financial LLC now owns 2,976,899 shares of the company’s stock worth $75,851,000 after purchasing an additional 1,027,974 shares during the period. Capital International Investors raised its stake in shares of Capital Group Municipal High-Income ETF by 1.5% during the 4th quarter. Capital International Investors now owns 59,363,041 shares of the company’s stock worth $1,512,570,000 after purchasing an additional 883,760 shares during the period. Aprio Wealth Management LLC purchased a new position in shares of Capital Group Municipal High-Income ETF in the 4th quarter worth about $16,422,000. Finally, J. Derek Lewis & Associates Inc. purchased a new position in shares of Capital Group Municipal High-Income ETF in the 4th quarter worth about $13,436,000.

Capital Group Municipal High-Income ETF Stock Performance

CGHM opened at $25.79 on Thursday. The firm has a 50-day moving average of $25.69 and a 200 day moving average of $25.63. Capital Group Municipal High-Income ETF has a fifty-two week low of $24.29 and a fifty-two week 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.