Envestnet Asset Management Inc. Buys 6,660 Shares of JPMorgan Municipal ETF (BATS:JMUB)

Posted by Defense World Staff on Nov 21st, 2023

Envestnet Asset Management Inc. raised its stake in JPMorgan Municipal ETF (BATS:JMUB – Free Report) by 7.9% during the second quarter, according to its most recent filing with the Securities and Exchange Commission. The fund owned 91,049 shares of the company’s stock after buying an additional 6,660 shares during the period. Envestnet Asset Management Inc. owned about 0.81% of JPMorgan Municipal ETF worth $4,573,000 as of its most recent SEC filing.

A number of other institutional investors have also recently made changes to their positions in the stock. Pittenger & Anderson Inc. acquired a new position in JPMorgan Municipal ETF during the 1st quarter worth approximately $41,000. BlackRock Inc. acquired a new position in JPMorgan Municipal ETF during the 1st quarter worth approximately $43,000. West Oak Capital LLC raised its stake in JPMorgan Municipal ETF by 33.3% during the 2nd quarter. West Oak Capital LLC now owns 2,000 shares of the company’s stock worth $100,000 after buying an additional 500 shares during the period. Tradition Wealth Management LLC acquired a new position in JPMorgan Municipal ETF during the 1st quarter worth approximately $101,000. Finally, Advisory Services Network LLC raised its stake in JPMorgan Municipal ETF by 25.2% during the 1st quarter. Advisory Services Network LLC now owns 2,759 shares of the company’s stock worth $140,000 after buying an additional 556 shares during the period.

JPMorgan Municipal ETF Stock Performance

JMUB stock opened at $49.45 on Tuesday. The business’s fifty day moving average price is $48.44 and its 200 day moving average price is $49.42.

JPMorgan Municipal ETF Increases Dividend

The business also recently disclosed a dividend, which was paid on Thursday, October 5th. Stockholders of record on Tuesday, October 3rd were paid a $0.1393 dividend. The ex-dividend date was Monday, October 2nd. This is an increase from JPMorgan Municipal ETF’s previous dividend of $0.13.

JPMorgan Municipal ETF Profile

(Free Report)

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.