Pine Valley Investments Ltd Liability Co Takes Position in John Hancock Dynamic Municipal Bond ETF (NYSEARCA:JHMU)

Pine Valley Investments Ltd Liability Co bought a new position in shares of John Hancock Dynamic Municipal Bond ETF (NYSEARCA:JHMU) in the fourth quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The institutional investor bought 17,684 shares of the company’s stock, valued at approximately $460,000. Pine Valley Investments Ltd Liability Co owned approximately 2.08% of John Hancock Dynamic Municipal Bond ETF as of its most recent filing with the Securities and Exchange Commission.

John Hancock Dynamic Municipal Bond ETF Price Performance

JHMU opened at $26.23 on Thursday. The company has a market capitalization of $24.92 million, a price-to-earnings ratio of 15.71 and a beta of 0.08. The business’s 50-day moving average price is $26.09 and its two-hundred day moving average price is $26.45. John Hancock Dynamic Municipal Bond ETF has a 1 year low of $25.81 and a 1 year high of $27.15.

John Hancock Dynamic Municipal Bond ETF 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.