Corient Private Wealth LLC Buys New Position in JPMorgan Municipal ETF (BATS:JMUB)

Corient Private Wealth LLC purchased a new position in shares of JPMorgan Municipal ETF (BATS:JMUBFree Report) in the 4th quarter, according to the company in its most recent 13F filing with the SEC. The firm purchased 13,719 shares of the company’s stock, valued at approximately $699,000. Corient Private Wealth LLC owned about 0.12% of JPMorgan Municipal ETF as of its most recent filing with the SEC.

A number of other hedge funds and other institutional investors have also recently modified their holdings of the company. Hazlett Burt & Watson Inc. acquired a new position in JPMorgan Municipal ETF in the fourth quarter valued at $51,000. Carmichael Hill & Associates Inc. bought a new stake in shares of JPMorgan Municipal ETF during the 4th quarter valued at about $70,000. McIlrath & Eck LLC acquired a new stake in JPMorgan Municipal ETF during the third quarter worth approximately $102,000. Choreo LLC bought a new stake in JPMorgan Municipal ETF in the fourth quarter worth approximately $201,000. Finally, West Oak Capital LLC lifted its stake in JPMorgan Municipal ETF by 33.3% in the fourth quarter. West Oak Capital LLC now owns 4,000 shares of the company’s stock valued at $204,000 after buying an additional 1,000 shares during the period.

JPMorgan Municipal ETF Price Performance

JPMorgan Municipal ETF stock opened at $50.08 on Wednesday. The company has a market cap of $1.39 billion, a PE ratio of 10.22 and a beta of 0.08. The stock’s 50-day simple moving average is $50.27 and its 200 day simple moving average is $50.52.

JPMorgan Municipal ETF Increases Dividend

The business also recently declared a dividend, which will be paid on Wednesday, June 5th. Shareholders of record on Monday, June 3rd will be issued a $0.1497 dividend. This is a boost from JPMorgan Municipal ETF’s previous dividend of $0.14. The ex-dividend date of this dividend is Monday, June 3rd.

About JPMorgan Municipal ETF

(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.

Further Reading

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Institutional Ownership by Quarter for JPMorgan Municipal ETF (BATS:JMUB)

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