Vista Investment Management Buys 380 Shares of JPMorgan Municipal ETF (BATS:JMUB)

Vista Investment Management grew its stake in JPMorgan Municipal ETF (BATS:JMUB) by 2.4% during the fourth quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 16,220 shares of the company’s stock after acquiring an additional 380 shares during the period. Vista Investment Management owned 0.06% of JPMorgan Municipal ETF worth $813,000 at the end of the most recent reporting period.

Several other hedge funds have also recently modified their holdings of the business. LPL Financial LLC lifted its position in JPMorgan Municipal ETF by 6.1% during the fourth quarter. LPL Financial LLC now owns 2,659,326 shares of the company’s stock valued at $133,365,000 after acquiring an additional 152,578 shares during the last quarter. Raymond James Financial Inc. purchased a new stake in JPMorgan Municipal ETF during the fourth quarter valued at approximately $63,229,000. HighTower Advisors LLC lifted its position in JPMorgan Municipal ETF by 147.4% during the fourth quarter. HighTower Advisors LLC now owns 999,722 shares of the company’s stock valued at $50,136,000 after acquiring an additional 595,710 shares during the last quarter. Forvis Mazars Wealth Advisors LLC lifted its position in 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 last quarter. Finally, Envestnet Asset Management Inc. lifted its position in JPMorgan Municipal ETF by 9.1% during the fourth quarter. Envestnet Asset Management Inc. now owns 785,464 shares of the company’s stock valued at $39,391,000 after acquiring an additional 65,253 shares during the last quarter.

JPMorgan Municipal ETF Stock Down 0.6%

BATS:JMUB opened at $49.48 on Tuesday. JPMorgan Municipal ETF has a 52 week low of $47.95 and a 52 week high of $51.31. The firm has a 50 day moving average of $49.53 and a 200 day moving average of $50.11. The stock has a market capitalization of $2.72 billion, a price-to-earnings ratio of 9.96 and a beta of 0.22.

JPMorgan Municipal ETF Increases Dividend

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

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.