Mutual Advisors LLC Increases Position in JPMorgan Municipal ETF (BATS:JMUB)

Mutual Advisors LLC grew its position in JPMorgan Municipal ETF (BATS:JMUB) by 0.9% in the third quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The institutional investor owned 53,397 shares of the company’s stock after buying an additional 478 shares during the quarter. Mutual Advisors LLC’s holdings in JPMorgan Municipal ETF were worth $2,693,000 as of its most recent filing with the Securities and Exchange Commission.

Other institutional investors and hedge funds have also recently modified their holdings of the company. Raymond James & Associates increased its stake in JPMorgan Municipal ETF by 40.1% during the 3rd quarter. Raymond James & Associates now owns 404,255 shares of the company’s stock worth $20,726,000 after buying an additional 115,690 shares during the period. Farther Finance Advisors LLC boosted its holdings in JPMorgan Municipal ETF by 45.1% in the second quarter. Farther Finance Advisors LLC now owns 4,498 shares of the company’s stock valued at $226,000 after purchasing an additional 1,398 shares during the period. Brookstone Capital Management purchased a new position in JPMorgan Municipal ETF in the second quarter valued at $261,000. Chesley Taft & Associates LLC grew its stake in JPMorgan Municipal ETF by 186.3% during the 2nd quarter. Chesley Taft & Associates LLC now owns 19,680 shares of the company’s stock worth $991,000 after purchasing an additional 12,805 shares in the last quarter. Finally, Jane Street Group LLC increased its holdings in JPMorgan Municipal ETF by 396.5% during the 1st quarter. Jane Street Group LLC now owns 108,061 shares of the company’s stock worth $5,483,000 after purchasing an additional 86,296 shares during the period.

JPMorgan Municipal ETF Stock Up 0.0 %

Shares of JMUB opened at $50.51 on Thursday. The stock has a market cap of $1.40 billion, a PE ratio of 10.22 and a beta of 0.08. The firm has a 50-day moving average of $50.96 and a 200-day moving average of $50.64.

JPMorgan Municipal ETF Increases Dividend

The company also recently declared a dividend, which was paid on Thursday, September 5th. Investors of record on Tuesday, September 3rd were paid a $0.1506 dividend. The ex-dividend date was Tuesday, September 3rd. This is an increase from JPMorgan Municipal ETF’s previous dividend of $0.15.

JPMorgan Municipal ETF Company Profile

The JPMorgan Municipal ETF (JMUB) is an exchange-traded fund that mostly invests in investment grade fixed income. The fund holds an actively managed portfolio of various US municipal securities. JMUB was launched on Oct 29, 2018 and is managed by JPMorgan Chase.