Capital Advisors Wealth Management LLC Grows Stake in JPMorgan Municipal ETF $JMUB

Capital Advisors Wealth Management LLC lifted its stake in JPMorgan Municipal ETF (BATS:JMUB) by 42.8% in the 4th quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The firm owned 49,968 shares of the company’s stock after buying an additional 14,980 shares during the period. Capital Advisors Wealth Management LLC owned approximately 0.08% of JPMorgan Municipal ETF worth $2,523,000 as of its most recent SEC filing.

Other large investors have also modified their holdings of the company. Captrust Financial Advisors lifted its holdings in JPMorgan Municipal ETF by 375.8% in the 3rd quarter. Captrust Financial Advisors now owns 1,061,229 shares of the company’s stock worth $53,560,000 after buying an additional 838,165 shares in the last quarter. Northwestern Mutual Wealth Management Co. boosted its stake in shares of JPMorgan Municipal ETF by 34.7% during the 3rd quarter. Northwestern Mutual Wealth Management Co. now owns 3,208,854 shares of the company’s stock valued at $161,951,000 after buying an additional 826,847 shares during the last quarter. Ameriprise Financial Inc. grew its position in shares of JPMorgan Municipal ETF by 43.7% during the third quarter. Ameriprise Financial Inc. now owns 2,246,619 shares of the company’s stock worth $113,284,000 after buying an additional 683,129 shares in the last quarter. Bank of America Corp DE grew its position in shares of JPMorgan Municipal ETF by 152.3% during the second quarter. Bank of America Corp DE now owns 1,101,672 shares of the company’s stock worth $54,687,000 after buying an additional 665,100 shares in the last quarter. Finally, Wealth Enhancement Advisory Services LLC increased its stake in shares of JPMorgan Municipal ETF by 33.8% in the third quarter. Wealth Enhancement Advisory Services LLC now owns 2,540,890 shares of the company’s stock worth $128,035,000 after buying an additional 641,736 shares during the last quarter.

JPMorgan Municipal ETF Price Performance

JMUB opened at $50.12 on Monday. JPMorgan Municipal ETF has a 12-month low of $47.95 and a 12-month high of $51.34. The stock has a market capitalization of $3.07 billion, a PE ratio of 9.96 and a beta of 0.21. The firm’s fifty day moving average price is $50.67 and its 200 day moving average price is $50.63.

JPMorgan Municipal ETF Increases Dividend

The business also recently announced a monthly dividend, which was paid on Wednesday, March 4th. Stockholders of record on Monday, March 2nd were paid a $0.1538 dividend. This is a boost from JPMorgan Municipal ETF’s previous monthly dividend of $0.14. The ex-dividend date was Monday, March 2nd. This represents a c) dividend on an annualized basis and a dividend yield of 3.7%.

JPMorgan Municipal ETF Profile

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.