NewEdge Advisors LLC Acquires 20,075 Shares of JPMorgan High Yield Municipal ETF $JMHI

NewEdge Advisors LLC raised its holdings in JPMorgan High Yield Municipal ETF (NYSEARCA:JMHI) by 201.4% in the 1st quarter, according to the company in its most recent filing with the SEC. The firm owned 30,041 shares of the company’s stock after acquiring an additional 20,075 shares during the quarter. NewEdge Advisors LLC owned approximately 0.56% of JPMorgan High Yield Municipal ETF worth $1,497,000 as of its most recent SEC filing.

Other large investors have also recently modified their holdings of the company. Western Wealth Management LLC bought a new stake in shares of JPMorgan High Yield Municipal ETF in the first quarter worth $26,000. Global Retirement Partners LLC bought a new position in JPMorgan High Yield Municipal ETF during the 4th quarter worth $100,000. Strategic Financial Concepts LLC acquired a new position in JPMorgan High Yield Municipal ETF during the 4th quarter worth about $220,000. Sanctuary Advisors LLC acquired a new position in JPMorgan High Yield Municipal ETF during the 4th quarter worth about $286,000. Finally, Laurel Oak Wealth Management LLC bought a new stake in shares of JPMorgan High Yield Municipal ETF in the 4th quarter valued at about $287,000.

JPMorgan High Yield Municipal ETF Stock Performance

Shares of JMHI opened at $49.65 on Monday. The business has a 50-day moving average of $50.03 and a 200-day moving average of $50.16. JPMorgan High Yield Municipal ETF has a 1 year low of $49.01 and a 1 year high of $51.19.

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.