JPMorgan Sustainable Municipal Income ETF $JMSI Stake Raised by JPMorgan Chase & Co.

JPMorgan Chase & Co. boosted its holdings in shares of JPMorgan Sustainable Municipal Income ETF (NYSEARCA:JMSI) by 40.3% in the third quarter, according to its most recent filing with the Securities and Exchange Commission. The firm owned 901,902 shares of the company’s stock after acquiring an additional 259,287 shares during the quarter. JPMorgan Chase & Co. owned 0.14% of JPMorgan Sustainable Municipal Income ETF worth $45,294,000 at the end of the most recent quarter.

A number of other large investors also recently made changes to their positions in the business. Betterment LLC lifted its position in shares of JPMorgan Sustainable Municipal Income ETF by 54.1% in the second quarter. Betterment LLC now owns 1,134,628 shares of the company’s stock worth $56,073,000 after purchasing an additional 398,284 shares in the last quarter. ORG Partners LLC acquired a new position in JPMorgan Sustainable Municipal Income ETF in the 3rd quarter valued at approximately $2,209,000. Bay Colony Advisory Group Inc d b a Bay Colony Advisors acquired a new position in JPMorgan Sustainable Municipal Income ETF in the 3rd quarter valued at approximately $1,503,000. Wealth Enhancement Advisory Services LLC lifted its position in JPMorgan Sustainable Municipal Income ETF by 123.6% in the 3rd quarter. Wealth Enhancement Advisory Services LLC now owns 36,878 shares of the company’s stock worth $1,849,000 after buying an additional 20,383 shares in the last quarter. Finally, Advisory Services Network LLC acquired a new stake in shares of JPMorgan Sustainable Municipal Income ETF during the 2nd quarter valued at $586,000.

JPMorgan Sustainable Municipal Income ETF Stock Performance

JPMorgan Sustainable Municipal Income ETF stock opened at $51.22 on Friday. JPMorgan Sustainable Municipal Income ETF has a 12 month low of $47.72 and a 12 month high of $51.35. The company’s fifty day simple moving average is $50.69 and its 200-day simple moving average is $50.32.

JPMorgan Sustainable Municipal Income ETF Cuts Dividend

The company also recently announced a monthly dividend, which was paid on Wednesday, February 4th. Shareholders of record on Monday, February 2nd were given a $0.1411 dividend. This represents a c) annualized dividend and a yield of 3.3%. The ex-dividend date of this dividend was Monday, February 2nd.

JPMorgan Sustainable Municipal Income ETF Company Profile

The JPMorgan Sustainable Municipal Income ETF (JMSI) is an exchange-traded fund that mostly invests in broad credit fixed income. The fund is an actively managed fund that primarily invests in sustainable municipal bonds exempt from federal income tax. The portfolio has an average weighted maturity of 3 to 15 years. JMSI was launched on Jul 14, 2023 and is issued by JPMorgan Chase.