JPMorgan Municipal ETF (BATS:JMUB) Holdings Lifted by LWM Advisory Services LLC

LWM Advisory Services LLC raised its stake in JPMorgan Municipal ETF (BATS:JMUB) by 3.5% during the fourth quarter, Holdings Channel reports. The fund owned 132,395 shares of the company’s stock after buying an additional 4,495 shares during the period. JPMorgan Municipal ETF makes up approximately 4.6% of LWM Advisory Services LLC’s portfolio, making the stock its 7th largest position. LWM Advisory Services LLC’s holdings in JPMorgan Municipal ETF were worth $6,640,000 at the end of the most recent reporting period.

A number of other hedge funds and other institutional investors have also recently added to or reduced their stakes in the stock. Family Investment Center Inc. boosted its stake in JPMorgan Municipal ETF by 1.2% in the third quarter. Family Investment Center Inc. now owns 21,716 shares of the company’s stock valued at $1,113,000 after acquiring an additional 254 shares during the last quarter. Fifth Third Securities Inc. boosted its stake in JPMorgan Municipal ETF by 3.7% in the fourth quarter. Fifth Third Securities Inc. now owns 8,290 shares of the company’s stock valued at $416,000 after acquiring an additional 292 shares during the last quarter. Stone Point Wealth LLC boosted its stake in JPMorgan Municipal ETF by 3.3% in the third quarter. Stone Point Wealth LLC now owns 9,496 shares of the company’s stock valued at $487,000 after acquiring an additional 300 shares during the last quarter. D Orazio & Associates Inc. boosted its stake in JPMorgan Municipal ETF by 6.6% in the third quarter. D Orazio & Associates Inc. now owns 4,975 shares of the company’s stock valued at $255,000 after acquiring an additional 308 shares during the last quarter. Finally, Walkner Condon Financial Advisors LLC boosted its stake in JPMorgan Municipal ETF by 1.4% in the fourth quarter. Walkner Condon Financial Advisors LLC now owns 22,206 shares of the company’s stock valued at $1,114,000 after acquiring an additional 313 shares during the last quarter.

JPMorgan Municipal ETF Trading Up 1.3 %

JMUB opened at $50.47 on Friday. The company has a fifty day moving average of $50.24 and a 200-day moving average of $50.63. The stock has a market capitalization of $1.40 billion, a PE ratio of 10.19 and a beta of 0.08.

JPMorgan Municipal ETF Cuts Dividend

The firm also recently declared 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 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.