Vawter Financial Ltd. Invests $214,000 in JPMorgan Municipal ETF (BATS:JMUB)

Vawter Financial Ltd. bought a new position in shares of JPMorgan Municipal ETF (BATS:JMUB) in the third quarter, Holdings Channel reports. The firm bought 4,171 shares of the company’s stock, valued at approximately $214,000.

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

JPMorgan Municipal ETF Stock Performance

Shares of JMUB opened at $50.54 on Friday. The stock’s 50 day moving average is $50.83 and its 200-day moving average is $50.66. The firm has a market capitalization of $1.40 billion, a PE ratio of 10.22 and a beta of 0.08.

JPMorgan Municipal ETF Increases Dividend

The business also recently declared a dividend, which was paid on Thursday, September 5th. Investors of record on Tuesday, September 3rd were given a dividend of $0.1506 per share. The ex-dividend date was Tuesday, September 3rd. This is a positive change 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.