Boston Standard Wealth Management LLC Boosts Stock Position in JPMorgan Municipal ETF $JMUB

Boston Standard Wealth Management LLC increased its holdings in JPMorgan Municipal ETF (BATS:JMUB) by 907.6% during the 3rd quarter, according to its most recent Form 13F filing with the SEC. The fund owned 95,790 shares of the company’s stock after purchasing an additional 86,283 shares during the period. JPMorgan Municipal ETF makes up about 0.8% of Boston Standard Wealth Management LLC’s investment portfolio, making the stock its 17th largest position. Boston Standard Wealth Management LLC owned about 0.16% of JPMorgan Municipal ETF worth $4,835,000 at the end of the most recent quarter.

Other institutional investors have also bought and sold shares of the company. U.S. Capital Wealth Advisors LLC increased its holdings in shares of JPMorgan Municipal ETF by 2.4% in the 2nd quarter. U.S. Capital Wealth Advisors LLC now owns 8,707 shares of the company’s stock worth $432,000 after buying an additional 208 shares during the last quarter. J.W. Cole Advisors Inc. lifted its holdings in shares of JPMorgan Municipal ETF by 1.0% in the 2nd quarter. J.W. Cole Advisors Inc. now owns 25,132 shares of the company’s stock valued at $1,248,000 after acquiring an additional 258 shares during the last quarter. Perennial Advisors LLC grew its position in JPMorgan Municipal ETF by 2.5% in the second quarter. Perennial Advisors LLC now owns 12,175 shares of the company’s stock worth $604,000 after acquiring an additional 300 shares in the last quarter. Madison Wealth Partners Inc increased its stake in JPMorgan Municipal ETF by 5.3% during the second quarter. Madison Wealth Partners Inc now owns 6,749 shares of the company’s stock worth $335,000 after acquiring an additional 340 shares during the last quarter. Finally, Optima Capital LLC increased its stake in JPMorgan Municipal ETF by 4.4% during the second quarter. Optima Capital LLC now owns 8,410 shares of the company’s stock worth $417,000 after acquiring an additional 355 shares during the last quarter.

JPMorgan Municipal ETF Price Performance

BATS:JMUB opened at $50.55 on Wednesday. The firm has a market capitalization of $3.10 billion, a price-to-earnings 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 business has a 50 day simple moving average of $50.63 and a 200-day simple moving average of $49.99.

JPMorgan Municipal ETF Cuts Dividend

The business also recently declared a monthly dividend, which was paid on Thursday, October 23rd. Investors of record on Tuesday, October 21st were given a $0.1214 dividend. The ex-dividend date was Tuesday, October 21st. This represents a c) dividend on an annualized basis and a yield of 2.9%.

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.