Walkner Condon Financial Advisors LLC Purchases 1,028 Shares of JPMorgan Municipal ETF $JMUB

Walkner Condon Financial Advisors LLC lifted its position in shares of JPMorgan Municipal ETF (BATS:JMUB) by 4.2% during the second quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The institutional investor owned 25,508 shares of the company’s stock after purchasing an additional 1,028 shares during the quarter. Walkner Condon Financial Advisors LLC’s holdings in JPMorgan Municipal ETF were worth $1,266,000 at the end of the most recent reporting period.

Several other hedge funds and other institutional investors have also recently added to or reduced their stakes in the business. LPL Financial LLC increased its holdings in shares of JPMorgan Municipal ETF by 7.1% in the first quarter. LPL Financial LLC now owns 2,847,971 shares of the company’s stock worth $142,399,000 after acquiring an additional 188,645 shares in the last quarter. Meeder Advisory Services Inc. acquired a new position in shares of JPMorgan Municipal ETF in the first quarter valued at approximately $126,587,000. Northwestern Mutual Wealth Management Co. increased its position in shares of JPMorgan Municipal ETF by 9.5% during the first quarter. Northwestern Mutual Wealth Management Co. now owns 2,199,520 shares of the company’s stock worth $109,976,000 after acquiring an additional 190,891 shares in the last quarter. Wealth Enhancement Advisory Services LLC lifted its position in JPMorgan Municipal ETF by 42.9% in the 2nd quarter. Wealth Enhancement Advisory Services LLC now owns 1,899,154 shares of the company’s stock valued at $94,037,000 after acquiring an additional 569,892 shares in the last quarter. Finally, Raymond James Financial Inc. boosted its stake in JPMorgan Municipal ETF by 20.5% in the 1st quarter. Raymond James Financial Inc. now owns 1,519,479 shares of the company’s stock worth $75,974,000 after purchasing an additional 258,686 shares during the period.

JPMorgan Municipal ETF Price Performance

JMUB opened at $50.68 on Friday. The company has a market capitalization of $3.11 billion, a price-to-earnings ratio of 9.96 and a beta of 0.21. The business’s 50-day moving average price is $50.40 and its two-hundred day moving average price is $49.75. JPMorgan Municipal ETF has a 1 year low of $47.95 and a 1 year high of $51.31.

JPMorgan Municipal ETF Cuts Dividend

The firm also recently disclosed a monthly dividend, which was paid on Thursday, October 23rd. Stockholders of record on Tuesday, October 21st were paid a dividend of $0.1214 per share. This represents a c) dividend on an annualized basis and a dividend yield of 2.9%. The ex-dividend date was Tuesday, October 21st.

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.