JPMorgan Municipal ETF (BATS:JMUB) Shares Acquired by C M Bidwell & Associates Ltd.

C M Bidwell & Associates Ltd. boosted its holdings in JPMorgan Municipal ETF (BATS:JMUB) by 28.2% in the fourth quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The firm owned 4,505 shares of the company’s stock after purchasing an additional 990 shares during the quarter. C M Bidwell & Associates Ltd.’s holdings in JPMorgan Municipal ETF were worth $226,000 at the end of the most recent quarter.

Other institutional investors have also recently added to or reduced their stakes in the company. LPL Financial LLC raised its position in shares of JPMorgan Municipal ETF by 6.1% during the 4th quarter. LPL Financial LLC now owns 2,659,326 shares of the company’s stock worth $133,365,000 after purchasing an additional 152,578 shares during the period. Raymond James Financial Inc. acquired a new stake in JPMorgan Municipal ETF in the fourth quarter worth $63,229,000. HighTower Advisors LLC lifted its stake in JPMorgan Municipal ETF by 147.4% in the fourth quarter. HighTower Advisors LLC now owns 999,722 shares of the company’s stock valued at $50,136,000 after buying an additional 595,710 shares during the last quarter. Forvis Mazars Wealth Advisors LLC boosted its holdings in shares of JPMorgan Municipal ETF by 9.6% during the fourth quarter. Forvis Mazars Wealth Advisors LLC now owns 924,781 shares of the company’s stock valued at $46,378,000 after acquiring an additional 81,180 shares during the period. Finally, Bailard Inc. bought a new position in shares of JPMorgan Municipal ETF during the fourth quarter worth about $36,907,000.

JPMorgan Municipal ETF Stock Up 0.2 %

JMUB stock opened at $49.90 on Monday. The stock has a market cap of $2.51 billion, a PE ratio of 10.15 and a beta of 0.20. The firm’s 50-day simple moving average is $50.30 and its 200 day simple moving average is $50.51. JPMorgan Municipal ETF has a fifty-two week low of $49.68 and a fifty-two week high of $51.31.

JPMorgan Municipal ETF Increases Dividend

The firm also recently declared a dividend, which was paid on Wednesday, March 5th. Stockholders of record on Monday, March 3rd were issued a dividend of $0.1429 per share. The ex-dividend date of this dividend was Monday, March 3rd. This is a boost from JPMorgan Municipal ETF’s previous dividend of $0.13.

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.