Benjamin F. Edwards & Company Inc. Purchases 3,726 Shares of JPMorgan Municipal ETF (BATS:JMUB)

Benjamin F. Edwards & Company Inc. grew its position in shares of JPMorgan Municipal ETF (BATS:JMUB) by 32.7% in the 4th quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission. The fund owned 15,106 shares of the company’s stock after acquiring an additional 3,726 shares during the period. Benjamin F. Edwards & Company Inc. owned about 0.13% of JPMorgan Municipal ETF worth $770,000 as of its most recent SEC filing.

Other institutional investors also recently modified their holdings of the company. Bond & Devick Financial Network Inc. increased its position in shares of JPMorgan Municipal ETF by 4.6% during the fourth quarter. Bond & Devick Financial Network Inc. now owns 6,197 shares of the company’s stock valued at $316,000 after buying an additional 274 shares during the period. Kooman & Associates grew its holdings in shares of JPMorgan Municipal ETF by 1.0% during the 3rd quarter. Kooman & Associates now owns 36,438 shares of the company’s stock worth $1,763,000 after acquiring an additional 345 shares during the period. Mariner LLC raised its position in shares of JPMorgan Municipal ETF by 3.9% in the 3rd quarter. Mariner LLC now owns 10,355 shares of the company’s stock worth $501,000 after acquiring an additional 385 shares in the last quarter. Vicus Capital lifted its stake in shares of JPMorgan Municipal ETF by 0.7% in the 4th quarter. Vicus Capital now owns 57,334 shares of the company’s stock valued at $2,922,000 after purchasing an additional 422 shares during the period. Finally, Cornerstone Wealth Management LLC grew its stake in JPMorgan Municipal ETF by 0.4% in the third quarter. Cornerstone Wealth Management LLC now owns 123,983 shares of the company’s stock worth $5,997,000 after purchasing an additional 477 shares during the period.

JPMorgan Municipal ETF Stock Up 0.3 %

Shares of BATS JMUB opened at $50.45 on Wednesday. The firm’s fifty day simple moving average is $50.48 and its 200 day simple moving average is $50.24. The company has a market capitalization of $1.34 billion, a P/E ratio of 10.19 and a beta of 0.07.

JPMorgan Municipal ETF Increases Dividend

The company also recently declared a dividend, which was paid on Thursday, April 4th. Investors of record on Tuesday, April 2nd were paid a $0.1449 dividend. This is a boost from JPMorgan Municipal ETF’s previous dividend of $0.14. The ex-dividend date of this dividend was Monday, April 1st.

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.