Golden State Wealth Management LLC Acquires New Shares in JPMorgan Municipal ETF (BATS:JMUB)

Golden State Wealth Management LLC bought a new position in shares of JPMorgan Municipal ETF (BATS:JMUB) in the 4th quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The firm bought 24,836 shares of the company’s stock, valued at approximately $1,246,000.

A number of other institutional investors and hedge funds also recently added to or reduced their stakes in JMUB. Sanctuary Advisors LLC purchased a new position in shares of JPMorgan Municipal ETF during the 2nd quarter worth $342,000. Dynamic Advisor Solutions LLC boosted its stake in JPMorgan Municipal ETF by 40.6% during the third quarter. Dynamic Advisor Solutions LLC now owns 15,019 shares of the company’s stock worth $770,000 after buying an additional 4,337 shares during the period. Daymark Wealth Partners LLC increased its position in shares of JPMorgan Municipal ETF by 46.5% during the third quarter. Daymark Wealth Partners LLC now owns 29,640 shares of the company’s stock valued at $1,520,000 after acquiring an additional 9,411 shares during the last quarter. Red Mountain Financial LLC lifted its holdings in shares of JPMorgan Municipal ETF by 3.1% in the 3rd quarter. Red Mountain Financial LLC now owns 66,289 shares of the company’s stock worth $3,399,000 after acquiring an additional 1,983 shares during the last quarter. Finally, Asio Capital LLC boosted its position in shares of JPMorgan Municipal ETF by 13.6% during the 3rd quarter. Asio Capital LLC now owns 463,702 shares of the company’s stock worth $23,774,000 after purchasing an additional 55,451 shares during the period.

JPMorgan Municipal ETF Trading Up 1.4 %

Shares of BATS JMUB opened at $50.48 on Friday. The firm has a 50-day moving average price of $50.36 and a 200 day moving average price of $50.67. The stock has a market capitalization of $1.40 billion, a price-to-earnings ratio of 10.22 and a beta of 0.08.

JPMorgan Municipal ETF Cuts Dividend

The company also recently disclosed a dividend, which was paid on Wednesday, February 5th. Investors of record on Monday, February 3rd were issued a $0.1299 dividend. The ex-dividend date was Monday, February 3rd.

About JPMorgan Municipal ETF

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.