JPMorgan Municipal ETF (BATS:JMUB) Shares Acquired by Commonwealth Equity Services LLC

Commonwealth Equity Services LLC increased its stake in shares of JPMorgan Municipal ETF (BATS:JMUB) by 21.8% in the 2nd quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The fund owned 273,115 shares of the company’s stock after purchasing an additional 48,893 shares during the period. Commonwealth Equity Services LLC owned 0.98% of JPMorgan Municipal ETF worth $13,758,000 as of its most recent SEC filing.

A number of other institutional investors and hedge funds have also recently bought and sold shares of JMUB. International Assets Investment Management LLC boosted its stake in shares of JPMorgan Municipal ETF by 300.7% during the 4th quarter. International Assets Investment Management LLC now owns 141,159 shares of the company’s stock worth $7,193,000 after purchasing an additional 105,932 shares during the last quarter. Brio Consultants LLC purchased a new position in shares of JPMorgan Municipal ETF during the 4th quarter worth $3,906,000. Aveo Capital Partners LLC boosted its holdings in shares of JPMorgan Municipal ETF by 28.0% during the fourth quarter. Aveo Capital Partners LLC now owns 154,684 shares of the company’s stock worth $7,883,000 after purchasing an additional 33,828 shares during the last quarter. Benjamin F. Edwards & Company Inc. lifted its position in JPMorgan Municipal ETF by 32.7% during the fourth quarter. Benjamin F. Edwards & Company Inc. now owns 15,106 shares of the company’s stock worth $770,000 after buying an additional 3,726 shares during the period. Finally, Axxcess Wealth Management LLC purchased a new position in JPMorgan Municipal ETF during the fourth quarter worth about $210,000.

JPMorgan Municipal ETF Stock Performance

BATS JMUB opened at $50.88 on Wednesday. The company’s 50 day moving average is $50.73 and its 200-day moving average is $50.55. The firm has a market cap of $1.41 billion, a P/E ratio of 10.22 and a beta of 0.08.

JPMorgan Municipal ETF Increases Dividend

The company also recently announced a dividend, which will be paid on Thursday, September 5th. Investors of record on Tuesday, September 3rd will be issued a $0.1506 dividend. The ex-dividend date is Tuesday, September 3rd. This is a boost from JPMorgan Municipal ETF’s previous dividend of $0.15.

About JPMorgan Municipal ETF

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.