Vicus Capital Raises Stock Position in JPMorgan Municipal ETF (BATS:JMUB)

Vicus Capital lifted its stake in shares of JPMorgan Municipal ETF (BATS:JMUB) by 1.1% during the fourth quarter, according to the company in its most recent Form 13F filing with the SEC. The firm owned 69,318 shares of the company’s stock after acquiring an additional 783 shares during the quarter. Vicus Capital’s holdings in JPMorgan Municipal ETF were worth $3,476,000 at the end of the most recent reporting period.

Other hedge funds and other institutional investors have also recently modified their holdings of the company. Sunbelt Securities Inc. boosted its holdings in JPMorgan Municipal ETF by 208.0% in the 3rd quarter. Sunbelt Securities Inc. now owns 1,118 shares of the company’s stock worth $57,000 after buying an additional 755 shares during the last quarter. Blue Investment Partners LLC purchased a new stake in JPMorgan Municipal ETF in the third quarter valued at $203,000. Aptus Capital Advisors LLC raised its holdings in shares of JPMorgan Municipal ETF by 291.3% in the third quarter. Aptus Capital Advisors LLC now owns 4,026 shares of the company’s stock valued at $206,000 after buying an additional 2,997 shares during the last quarter. Atria Investments Inc purchased a new position in JPMorgan Municipal ETF during the third quarter worth about $208,000. Finally, Vawter Financial Ltd. acquired a new position in JPMorgan Municipal ETF during the third quarter worth about $214,000.

JPMorgan Municipal ETF Stock Up 0.9 %

Shares of JMUB opened at $50.26 on Friday. The stock has a market capitalization of $1.39 billion, a P/E ratio of 10.22 and a beta of 0.08. The firm’s 50-day moving average price is $50.31 and its 200 day moving average price is $50.66.

JPMorgan Municipal ETF Cuts Dividend

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