Kingsview Wealth Management LLC Makes New Investment in John Hancock Dynamic Municipal Bond ETF $JHMU

Kingsview Wealth Management LLC bought a new position in John Hancock Dynamic Municipal Bond ETF (NYSEARCA:JHMU) during the fourth quarter, HoldingsChannel.com reports. The fund bought 37,827 shares of the company’s stock, valued at approximately $990,000.

Other hedge funds and other institutional investors have also bought and sold shares of the company. Wealth Enhancement Advisory Services LLC increased its stake in John Hancock Dynamic Municipal Bond ETF by 7.5% in the fourth quarter. Wealth Enhancement Advisory Services LLC now owns 13,569 shares of the company’s stock worth $356,000 after purchasing an additional 952 shares during the period. Jane Street Group LLC increased its stake in John Hancock Dynamic Municipal Bond ETF by 90.9% in the first quarter. Jane Street Group LLC now owns 53,240 shares of the company’s stock worth $1,371,000 after purchasing an additional 25,356 shares during the period. Citadel Advisors LLC bought a new position in shares of John Hancock Dynamic Municipal Bond ETF during the 3rd quarter worth $237,000. Advisory Services Network LLC bought a new position in shares of John Hancock Dynamic Municipal Bond ETF during the 3rd quarter worth $91,000. Finally, Envestnet Asset Management Inc. grew its position in shares of John Hancock Dynamic Municipal Bond ETF by 4.0% during the 3rd quarter. Envestnet Asset Management Inc. now owns 54,354 shares of the company’s stock worth $1,413,000 after buying an additional 2,070 shares in the last quarter.

John Hancock Dynamic Municipal Bond ETF Trading Up 0.1%

JHMU opened at $26.21 on Tuesday. John Hancock Dynamic Municipal Bond ETF has a 12-month low of $25.27 and a 12-month high of $26.70. The business’s fifty day simple moving average is $26.12 and its 200-day simple moving average is $26.26. The company has a market capitalization of $43.25 million, a price-to-earnings ratio of 15.71 and a beta of 0.20.

John Hancock Dynamic Municipal Bond ETF Company Profile

The John Hancock Dynamic Municipal Bond ETF (JHMU) is an exchange-traded fund that is based on the John Hancock Dimensional Utilities index. The fund is an actively managed fund that primarily invests in investment grade municipal bonds of any maturity. The fund seeks to provide tax-exempt income. JHMU was launched on Oct 31, 2023 and is issued by John Hancock.