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

Jones Financial Companies Lllp grew its holdings in JPMorgan High Yield Municipal ETF (NYSEARCA:JMHI) by 40.1% during the third quarter, according to its most recent disclosure with the Securities & Exchange Commission. The fund owned 62,111 shares of the company’s stock after purchasing an additional 17,784 shares during the period. Jones Financial Companies Lllp’s holdings in JPMorgan High Yield Municipal ETF were worth $3,123,000 at the end of the most recent quarter.

A number of other institutional investors have also made changes to their positions in the business. Cetera Investment Advisers grew its position in JPMorgan High Yield Municipal ETF by 15.6% in the second quarter. Cetera Investment Advisers now owns 277,619 shares of the company’s stock valued at $13,820,000 after purchasing an additional 37,553 shares in the last quarter. Boyum Wealth Architects LLC lifted its position in JPMorgan High Yield Municipal ETF by 671.7% during the 3rd quarter. Boyum Wealth Architects LLC now owns 39,604 shares of the company’s stock worth $2,000,000 after buying an additional 34,472 shares in the last quarter. GGM Financials LLC boosted its stake in shares of JPMorgan High Yield Municipal ETF by 432.8% during the 2nd quarter. GGM Financials LLC now owns 36,771 shares of the company’s stock worth $1,830,000 after buying an additional 29,870 shares during the last quarter. Northwestern Mutual Wealth Management Co. grew its holdings in shares of JPMorgan High Yield Municipal ETF by 22.3% in 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 in the last quarter. Finally, Raymond James Financial Inc. increased its position in shares of JPMorgan High Yield Municipal ETF by 78.5% in the second quarter. Raymond James Financial Inc. now owns 42,065 shares of the company’s stock valued at $2,094,000 after acquiring an additional 18,497 shares during the last quarter.

JPMorgan High Yield Municipal ETF Trading Down 0.1%

JMHI opened at $50.53 on Friday. The business’s 50-day simple moving average is $50.42 and its 200 day simple moving average is $50.18. JPMorgan High Yield Municipal ETF has a 52-week low of $47.45 and a 52-week high of $51.50.

JPMorgan High Yield Municipal ETF Cuts Dividend

The business also recently disclosed a monthly dividend, which was paid on Wednesday, February 4th. Stockholders of record on Monday, February 2nd were paid a dividend of $0.1733 per share. The ex-dividend date 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.