JPMorgan Municipal ETF (BATS:JMUB) Shares Purchased by Pine Valley Investments Ltd Liability Co

Pine Valley Investments Ltd Liability Co increased its position in shares of JPMorgan Municipal ETF (BATS:JMUB) by 23.5% during the fourth quarter, according to its most recent filing with the Securities & Exchange Commission. The fund owned 9,629 shares of the company’s stock after buying an additional 1,833 shares during the quarter. Pine Valley Investments Ltd Liability Co’s holdings in JPMorgan Municipal ETF were worth $484,000 as of its most recent SEC filing.

Several other institutional investors also recently added to or reduced their stakes in the company. LPL Financial LLC increased its stake in JPMorgan Municipal ETF by 18.7% in the 3rd quarter. LPL Financial LLC now owns 2,506,748 shares of the company’s stock valued at $128,521,000 after buying an additional 394,199 shares during the period. Marcum Wealth LLC purchased a new stake in shares of JPMorgan Municipal ETF in the fourth quarter valued at $16,720,000. Ameritas Advisory Services LLC boosted its position in JPMorgan Municipal ETF by 89.3% during the fourth quarter. Ameritas Advisory Services LLC now owns 193,660 shares of the company’s stock worth $9,712,000 after acquiring an additional 91,376 shares during the last quarter. Forvis Mazars Wealth Advisors LLC boosted its stake in JPMorgan Municipal ETF by 9.6% in the 4th quarter. Forvis Mazars Wealth Advisors LLC now owns 924,781 shares of the company’s stock worth $46,378,000 after buying an additional 81,180 shares during the last quarter. Finally, Obsidian Personal Planning Solutions LLC purchased a new stake in shares of JPMorgan Municipal ETF during the 3rd quarter valued at $3,163,000.

JPMorgan Municipal ETF Stock Up 1.9 %

Shares of BATS:JMUB opened at $50.73 on Thursday. The business’s 50-day moving average price is $50.25 and its 200-day moving average price is $50.63. The stock has a market cap of $1.41 billion, a PE ratio of 10.19 and a beta of 0.08.

JPMorgan Municipal ETF Cuts Dividend

The firm also recently disclosed a dividend, which was paid on Wednesday, February 5th. Stockholders of record on Monday, February 3rd were given a $0.1299 dividend. The ex-dividend date of this dividend was Monday, February 3rd.

JPMorgan Municipal ETF 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.