Bank of America Corp DE Has $17.22 Million Stake in JPMorgan Municipal ETF (BATS:JMUB)

Posted by Defense World Staff on May 21st, 2025

Bank of America Corp DE raised its position in shares of JPMorgan Municipal ETF (BATS:JMUB – Free Report) by 47.8% in the fourth quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The firm owned 343,386 shares of the company’s stock after acquiring an additional 111,108 shares during the period. Bank of America Corp DE owned approximately 1.24% of JPMorgan Municipal ETF worth $17,221,000 as of its most recent SEC filing.

Several other hedge funds and other institutional investors also recently made changes to their positions in the business. 1620 Investment Advisors Inc. bought a new stake in JPMorgan Municipal ETF in the 4th quarter valued at $44,000. Allworth Financial LP acquired a new position in shares of JPMorgan Municipal ETF during the fourth quarter valued at about $77,000. WealthTrak Capital Management LLC bought a new stake in shares of JPMorgan Municipal ETF in the fourth quarter valued at about $124,000. Hollencrest Capital Management bought a new stake in shares of JPMorgan Municipal ETF in the fourth quarter valued at about $138,000. Finally, Park Avenue Securities LLC acquired a new stake in JPMorgan Municipal ETF during the fourth quarter worth about $215,000.

JPMorgan Municipal ETF Stock Down 0.6%

Shares of JMUB opened at $49.48 on Wednesday. The stock’s 50-day moving average price is $49.52 and its 200 day moving average price is $50.10. The firm has a market capitalization of $2.72 billion, a price-to-earnings ratio of 9.96 and a beta of 0.22. JPMorgan Municipal ETF has a 12-month low of $47.95 and a 12-month high of $51.31.

JPMorgan Municipal ETF Increases Dividend

The company also recently disclosed a dividend, which was paid on Wednesday, March 5th. Stockholders of record on Monday, March 3rd were given a dividend of $0.1429 per share. The ex-dividend date of this dividend was Monday, March 3rd. This is a boost from JPMorgan Municipal ETF’s previous dividend of $0.13.

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.