JPMorgan Sustainable Municipal Income ETF $JMSI Shares Purchased by JPMorgan Chase & Co.

JPMorgan Chase & Co. raised its position in shares of JPMorgan Sustainable Municipal Income ETF (NYSEARCA:JMSI) by 40.3% in the third quarter, according to the company in its most recent 13F filing with the SEC. The institutional investor owned 901,902 shares of the company’s stock after purchasing an additional 259,287 shares during the quarter. JPMorgan Chase & Co. owned about 13.96% of JPMorgan Sustainable Municipal Income ETF worth $45,294,000 as of its most recent SEC filing.

A number of other hedge funds and other institutional investors also recently modified their holdings of the company. Ally Invest Advisors Inc. lifted its holdings in shares of JPMorgan Sustainable Municipal Income ETF by 6.2% in the second quarter. Ally Invest Advisors Inc. now owns 5,140 shares of the company’s stock valued at $254,000 after buying an additional 299 shares during the period. NewEdge Advisors LLC raised its position in JPMorgan Sustainable Municipal Income ETF by 7.9% in the second quarter. NewEdge Advisors LLC now owns 16,617 shares of the company’s stock worth $821,000 after acquiring an additional 1,211 shares in the last quarter. Modera Wealth Management LLC lifted its holdings in JPMorgan Sustainable Municipal Income ETF by 1.8% in the 3rd quarter. Modera Wealth Management LLC now owns 71,513 shares of the company’s stock valued at $3,591,000 after acquiring an additional 1,289 shares during the last quarter. Root Financial Partners LLC bought a new position in shares of JPMorgan Sustainable Municipal Income ETF during the 3rd quarter valued at about $87,000. Finally, Fairway Wealth LLC grew its stake in shares of JPMorgan Sustainable Municipal Income ETF by 20.4% in the 3rd quarter. Fairway Wealth LLC now owns 11,756 shares of the company’s stock worth $590,000 after purchasing an additional 1,988 shares during the last quarter.

JPMorgan Sustainable Municipal Income ETF Trading Up 0.2%

NYSEARCA JMSI 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 50 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 business also recently disclosed a monthly dividend, which was paid on Wednesday, February 4th. Stockholders of record on Monday, February 2nd were given a dividend of $0.1411 per share. This represents a c) dividend on an annualized basis and a dividend yield of 3.3%. The ex-dividend date 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.