Magnus Financial Group Boosts Holdings in JPMorgan Municipal ETF

The firm increased its stake in the $3.07 billion JMUB fund by 4.2% in the fourth quarter.

Mar. 22, 2026 at 9:38am

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Magnus Financial Group LLC increased its holdings in shares of the JPMorgan Municipal ETF (BATS:JMUB) by 4.2% during the fourth quarter, according to a recent SEC filing. The firm now owns 268,763 shares of the $3.07 billion municipal bond fund, worth approximately $13.57 million.

Why it matters

The JPMorgan Municipal ETF is a popular actively managed fund that provides exposure to a diversified portfolio of US municipal securities. Magnus Financial Group's increased stake suggests the firm sees continued value and growth potential in the fund, which could signal broader investor interest in the municipal bond market.

The details

Magnus Financial Group lifted its position in JMUB by purchasing an additional 10,761 shares during the fourth quarter. The fund now accounts for 1.0% of Magnus' total holdings, making it the firm's 23rd largest position. Other institutional investors, including Boston Standard Wealth Management, Sagespring Wealth Partners, and Collective Family Office, also increased their stakes in the ETF during the same period.

  • Magnus Financial Group disclosed its increased JMUB holdings in a 13F filing with the SEC on March 22, 2026, covering the fourth quarter of 2025.
  • The JPMorgan Municipal ETF was launched on October 29, 2018.

The players

Magnus Financial Group LLC

An investment management firm that oversees approximately $1.3 billion in client assets.

JPMorgan Municipal ETF (JMUB)

An actively managed exchange-traded fund that invests in a diversified portfolio of US municipal securities.

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The takeaway

Magnus Financial Group's increased stake in the JPMorgan Municipal ETF suggests ongoing investor interest in the municipal bond market, which has seen strong performance in recent years driven by factors like favorable tax treatment and relatively low default rates. The active management approach of the JMUB fund may also appeal to investors seeking to navigate the complexities of the municipal bond landscape.