14,369 Shares in JPMorgan High Yield Municipal ETF $JMHI Acquired by Elequin Capital LP

Elequin Capital LP bought a new stake in shares of JPMorgan High Yield Municipal ETF (NYSEARCA:JMHI) in the 3rd quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The institutional investor bought 14,369 shares of the company’s stock, valued at approximately $725,000. Elequin Capital LP owned about 0.31% of JPMorgan High Yield Municipal ETF at the end of the most recent reporting period.

Other large investors have also recently added to or reduced their stakes in the company. Boyum Wealth Architects LLC increased its holdings in shares of 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 in the last quarter. Northwestern Mutual Wealth Management Co. boosted its stake 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 worth $6,308,000 after acquiring an additional 23,129 shares in the last quarter. Jones Financial Companies Lllp grew its holdings in shares of JPMorgan High Yield Municipal ETF by 40.1% in the 3rd quarter. Jones Financial Companies Lllp now owns 62,111 shares of the company’s stock worth $3,123,000 after acquiring an additional 17,784 shares during the last quarter. Wealth Enhancement Advisory Services LLC grew its holdings in shares of JPMorgan High Yield Municipal ETF by 53.3% in the 3rd quarter. Wealth Enhancement Advisory Services LLC now owns 42,640 shares of the company’s stock worth $2,146,000 after acquiring an additional 14,828 shares during the last quarter. Finally, Cetera Investment Advisers raised its position in shares of JPMorgan High Yield Municipal ETF by 15.6% during the second quarter. Cetera Investment Advisers now owns 277,619 shares of the company’s stock worth $13,820,000 after purchasing an additional 37,553 shares during the period.

JPMorgan High Yield Municipal ETF Stock Up 0.1%

Shares of NYSEARCA JMHI opened at $50.18 on Friday. JPMorgan High Yield Municipal ETF has a 12 month low of $47.45 and a 12 month high of $51.19. The business has a fifty day simple moving average of $50.60 and a 200-day simple moving average of $50.44.

JPMorgan High Yield Municipal ETF Increases Dividend

The company also recently disclosed a monthly dividend, which was paid on Wednesday, March 4th. Shareholders of record on Monday, March 2nd were paid a dividend of $0.1851 per share. This is a boost from JPMorgan High Yield Municipal ETF’s previous monthly dividend of $0.17. This represents a c) dividend on an annualized basis and a yield of 4.4%. The ex-dividend date of this dividend was Monday, March 2nd.

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.