D Orazio & Associates Inc. Has $437,000 Holdings in JPMorgan Municipal ETF $JMUB

D Orazio & Associates Inc. lifted its holdings in shares of JPMorgan Municipal ETF (BATS:JMUB) by 66.6% in the 2nd quarter, Holdings Channel reports. The institutional investor owned 8,811 shares of the company’s stock after acquiring an additional 3,521 shares during the period. D Orazio & Associates Inc.’s holdings in JPMorgan Municipal ETF were worth $437,000 at the end of the most recent quarter.

Several other large investors have also bought and sold shares of the business. LPL Financial LLC grew its holdings in JPMorgan Municipal ETF by 7.1% during the 1st 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 during the period. Meeder Advisory Services Inc. bought a new position in shares of JPMorgan Municipal ETF in the 1st quarter worth $126,587,000. Northwestern Mutual Wealth Management Co. grew its stake 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 purchasing an additional 190,891 shares during the period. Wealth Enhancement Advisory Services LLC increased its holdings in JPMorgan Municipal ETF by 42.9% in the second quarter. Wealth Enhancement Advisory Services LLC now owns 1,899,154 shares of the company’s stock valued at $94,037,000 after purchasing an additional 569,892 shares during the last quarter. Finally, Raymond James Financial Inc. lifted its stake in JPMorgan Municipal ETF by 20.5% in the first quarter. Raymond James Financial Inc. now owns 1,519,479 shares of the company’s stock valued at $75,974,000 after buying an additional 258,686 shares during the period.

JPMorgan Municipal ETF Trading Up 1.9%

Shares of JMUB opened at $50.74 on Thursday. The stock has a market cap of $3.11 billion, a P/E ratio of 9.96 and a beta of 0.21. JPMorgan Municipal ETF has a 1 year low of $47.95 and a 1 year high of $51.31. The stock’s 50-day moving average price is $50.50 and its two-hundred day moving average price is $49.79.

JPMorgan Municipal ETF Cuts Dividend

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

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.