Jones Financial Companies Lllp Purchases 17,784 Shares of JPMorgan High Yield Municipal ETF $JMHI

Jones Financial Companies Lllp boosted its position in shares of JPMorgan High Yield Municipal ETF (NYSEARCA:JMHI) by 40.1% in the 3rd quarter, according to its most recent filing with the Securities and Exchange Commission. The fund owned 62,111 shares of the company’s stock after purchasing an additional 17,784 shares during the quarter. Jones Financial Companies Lllp owned about 1.35% of JPMorgan High Yield Municipal ETF worth $3,123,000 as of its most recent filing with the Securities and Exchange Commission.

A number of other large investors also recently added to or reduced their stakes in JMHI. Boyum Wealth Architects LLC lifted its holdings in JPMorgan High Yield Municipal ETF by 671.7% in the third quarter. Boyum Wealth Architects LLC now owns 39,604 shares of the company’s stock valued at $2,000,000 after buying an additional 34,472 shares during the period. Northwestern Mutual Wealth Management Co. raised its position in shares of JPMorgan High Yield Municipal ETF by 22.3% during the 2nd quarter. Northwestern Mutual Wealth Management Co. now owns 126,726 shares of the company’s stock valued at $6,308,000 after acquiring an additional 23,129 shares during the last quarter. Cetera Investment Advisers raised its position in shares of JPMorgan High Yield Municipal ETF by 15.6% during the 2nd quarter. Cetera Investment Advisers now owns 277,619 shares of the company’s stock valued at $13,820,000 after acquiring an additional 37,553 shares during the last quarter. Rosenberg Matthew Hamilton lifted its stake in shares of JPMorgan High Yield Municipal ETF by 35.4% in the 2nd quarter. Rosenberg Matthew Hamilton now owns 4,239 shares of the company’s stock valued at $211,000 after purchasing an additional 1,108 shares during the period. Finally, GGM Financials LLC boosted its position in shares of JPMorgan High Yield Municipal ETF by 432.8% in the 2nd quarter. GGM Financials LLC now owns 36,771 shares of the company’s stock worth $1,830,000 after purchasing an additional 29,870 shares during the last quarter.

JPMorgan High Yield Municipal ETF Stock Down 0.1%

Shares of JPMorgan High Yield Municipal ETF stock opened at $50.53 on Friday. The business has a fifty day simple moving average of $50.42 and a 200 day simple moving average of $50.18. JPMorgan High Yield Municipal ETF has a 12 month low of $47.45 and a 12 month high of $51.50.

JPMorgan High Yield Municipal ETF Cuts Dividend

The business also recently declared a monthly dividend, which was paid on Wednesday, February 4th. Stockholders of record on Monday, February 2nd were paid a $0.1733 dividend. The ex-dividend date of this dividend was Monday, February 2nd. This represents a c) dividend on an annualized basis and a dividend yield of 4.1%.

About JPMorgan High Yield Municipal ETF

The JPMorgan High Yield Municipal ETF (JMHI) is an exchange-traded fund that mostly invests in high yield fixed income. The fund is an actively managed fund that primarily invests in US municipal securities of varying maturities, exempt from federal income tax. The fund seeks to provide a high level of current income from high yield securities. JMHI was launched on Jul 14, 2023 and is issued by JPMorgan Chase.