Cwm LLC Has $26.21 Million Holdings in JPMorgan Municipal ETF $JMUB

Cwm LLC grew its position in shares of JPMorgan Municipal ETF (BATS:JMUB) by 10.4% in the 3rd quarter, according to the company in its most recent 13F filing with the SEC. The fund owned 519,219 shares of the company’s stock after purchasing an additional 48,816 shares during the quarter. Cwm LLC owned about 0.85% of JPMorgan Municipal ETF worth $26,205,000 as of its most recent SEC filing.

Other institutional investors also recently modified their holdings of the company. Higgins & Schmidt Wealth Strategies LLC raised its stake in JPMorgan Municipal ETF by 17.6% during the third quarter. Higgins & Schmidt Wealth Strategies LLC now owns 45,659 shares of the company’s stock worth $2,304,000 after buying an additional 6,835 shares during the last quarter. Stephens Consulting LLC raised its position in shares of JPMorgan Municipal ETF by 5.3% in the 3rd quarter. Stephens Consulting LLC now owns 370,348 shares of the company’s stock worth $18,691,000 after acquiring an additional 18,702 shares in the last quarter. Founders Financial Securities LLC lifted its stake in shares of JPMorgan Municipal ETF by 7.2% in the 3rd quarter. Founders Financial Securities LLC now owns 139,822 shares of the company’s stock valued at $7,057,000 after purchasing an additional 9,448 shares during the period. Crane Advisory LLC bought a new stake in shares of JPMorgan Municipal ETF during the 3rd quarter valued at about $225,000. Finally, DAVENPORT & Co LLC acquired a new stake in JPMorgan Municipal ETF during the third quarter worth approximately $409,000.

JPMorgan Municipal ETF Stock Performance

Shares of JMUB opened at $50.58 on Friday. JPMorgan Municipal ETF has a 52-week low of $47.95 and a 52-week high of $51.31. The firm has a market cap of $3.10 billion, a PE ratio of 9.96 and a beta of 0.21. The business’s 50 day moving average price is $50.63 and its two-hundred day moving average price is $50.06.

JPMorgan Municipal ETF Cuts Dividend

The business also recently announced a monthly dividend, which was paid on Thursday, October 23rd. Shareholders of record on Tuesday, October 21st were given a dividend of $0.1214 per share. The ex-dividend date was Tuesday, October 21st. This represents a c) annualized dividend 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.