Capital Group Municipal High-Income ETF
CGHM
149 hedge funds and large institutions have $2.41B invested in Capital Group Municipal High-Income ETF in 2025 Q4 according to their latest regulatory filings, with 45 funds opening new positions, 80 increasing their positions, 17 reducing their positions, and 8 closing their positions.
463% more first-time investments, than exits
New positions opened: 45 | Existing positions closed: 8
371% more repeat investments, than reductions
Existing positions increased: 80 | Existing positions reduced: 17
100% more funds holding in top 10
Funds holding in top 10: 1 → 2 (+1)
32% more funds holding
Funds holding: 113 → 149 (+36)
11% more capital invested
Capital invested by funds: $2.16B → $2.41B (+$248M)
0.03% less ownership
Funds ownership: 97.94% → 97.91% (-0.03%)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Cambridge Investment Research Advisors
Fairfield,
Iowa
|
+$37.5M |
| 2 |
LPL Financial
San Diego,
California
|
+$26.2M |
| 3 |
Envestnet Asset Management
Chicago,
Illinois
|
+$25M |
| 4 |
Capital International Investors
Los Angeles,
California
|
+$22.6M |
| 5 |
AWM
Aprio Wealth Management
Atlanta,
Georgia
|
+$16.4M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
PAS
Park Avenue Securities
New York
|
-$3.55M |
| 2 |
OMC
Old Mission Capital
Chicago,
Illinois
|
-$899K |
| 3 |
VA
Valmark Advisers
Akron,
Ohio
|
-$746K |
| 4 |
WAP
Wealthcare Advisory Partners
West Chester,
Pennsylvania
|
-$507K |
| 5 |
SFO
Stokes Family Office
New Orleans,
Louisiana
|
-$449K |
CGHM Hedge Fund Activity: Q4 2025 in Review
149 of the 8,267 institutional investors tracked by Wall St. Rank reported a position in Capital Group Municipal High-Income ETF (CGHM) for Q4 2025, worth a combined $2.41B — up 11% from $2.16B a quarter earlier.
Buyers outnumbered sellers: 45 funds opened new CGHM positions and 8 closed out — a net gain of 37 holders — while 80 added to existing stakes and 17 trimmed.
The largest buyer was Cambridge Investment Research Advisors, adding an estimated $37.5M. The largest seller was Park Avenue Securities, exiting entirely with an estimated $3.55M sold.
- 149 institutional investors held Capital Group Municipal High-Income ETF (CGHM) as of Q4 2025, up from 113 in Q3 2025.
- Funds reported $2.41B of Capital Group Municipal High-Income ETF stock for Q4 2025, up 11% quarter-over-quarter.
- 45 funds opened new Capital Group Municipal High-Income ETF positions in Q4 2025 and 8 closed out, a net change of +37 holders.
- The largest Capital Group Municipal High-Income ETF buyer in Q4 2025 was Cambridge Investment Research Advisors, an estimated $37.5M added.
- The largest Capital Group Municipal High-Income ETF seller in Q4 2025 was Park Avenue Securities, an estimated $3.55M sold.
Based on aggregated 13F filings for Q4 2025.