22,812 Shares in John Hancock Dynamic Municipal Bond ETF $JHMU Purchased by Royal Bank of Canada

Royal Bank of Canada bought a new position in John Hancock Dynamic Municipal Bond ETF (NYSEARCA:JHMU) during the first quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The firm bought 22,812 shares of the company’s stock, valued at approximately $592,000. Royal Bank of Canada owned about 1.38% of John Hancock Dynamic Municipal Bond ETF as of its most recent SEC filing.

Other hedge funds and other institutional investors also recently bought and sold shares of the company. Captrust Financial Advisors acquired a new stake in shares of John Hancock Dynamic Municipal Bond ETF during the 4th quarter worth approximately $2,218,000. Kingsview Wealth Management LLC bought a new position in John Hancock Dynamic Municipal Bond ETF during the 4th quarter worth $990,000. Jane Street Group LLC grew its stake in John Hancock Dynamic Municipal Bond ETF by 90.9% during the 1st quarter. Jane Street Group LLC now owns 53,240 shares of the company’s stock worth $1,371,000 after buying an additional 25,356 shares during the last quarter. Citadel Advisors LLC acquired a new stake in John Hancock Dynamic Municipal Bond ETF in the third quarter worth $237,000. Finally, Cetera Investment Advisers lifted its stake in John Hancock Dynamic Municipal Bond ETF by 14.3% in the first quarter. Cetera Investment Advisers now owns 59,141 shares of the company’s stock valued at $1,535,000 after buying an additional 7,407 shares during the last quarter.

John Hancock Dynamic Municipal Bond ETF Stock Performance

Shares of JHMU opened at $25.86 on Tuesday. John Hancock Dynamic Municipal Bond ETF has a 1 year low of $25.47 and a 1 year high of $26.70. The company has a market cap of $43.19 million, a price-to-earnings ratio of 15.71 and a beta of 0.19. The firm has a fifty day moving average of $26.09 and a 200-day moving average of $26.21.

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.