JPMorgan Municipal ETF $JMUB Shares Purchased by Asio Capital LLC

Asio Capital LLC boosted its position in JPMorgan Municipal ETF (BATS:JMUB) by 2.7% during the fourth quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The fund owned 641,876 shares of the company’s stock after buying an additional 16,875 shares during the period. JPMorgan Municipal ETF makes up about 4.6% of Asio Capital LLC’s holdings, making the stock its 2nd biggest position. Asio Capital LLC owned approximately 1.05% of JPMorgan Municipal ETF worth $32,515,000 at the end of the most recent reporting period.

A number of other hedge funds and other institutional investors have also recently bought and sold shares of JMUB. Royal Bank of Canada grew its position in JPMorgan Municipal ETF by 12.1% in the 1st quarter. Royal Bank of Canada now owns 100,198 shares of the company’s stock valued at $5,010,000 after buying an additional 10,823 shares during the last quarter. AQR Capital Management LLC grew its position in JPMorgan Municipal ETF by 37.4% in the 1st quarter. AQR Capital Management LLC now owns 10,756 shares of the company’s stock valued at $538,000 after buying an additional 2,927 shares during the last quarter. Cerity Partners LLC acquired a new stake in JPMorgan Municipal ETF in the second quarter valued at about $1,950,000. Financial Strategies Group Inc. lifted its position in JPMorgan Municipal ETF by 29.9% in the second quarter. Financial Strategies Group Inc. now owns 14,495 shares of the company’s stock valued at $716,000 after purchasing an additional 3,334 shares during the period. Finally, FAS Wealth Partners Inc. lifted its position in JPMorgan Municipal ETF by 4.6% in the second quarter. FAS Wealth Partners Inc. now owns 20,189 shares of the company’s stock valued at $1,002,000 after purchasing an additional 891 shares during the period.

JPMorgan Municipal ETF Stock Up 0.0%

Shares of BATS:JMUB opened at $50.10 on Wednesday. The company has a market cap of $3.07 billion, a P/E ratio of 9.96 and a beta of 0.21. JPMorgan Municipal ETF has a 52 week low of $47.95 and a 52 week high of $51.34. The company has a 50-day moving average price of $50.64 and a 200 day moving average price of $50.62.

JPMorgan Municipal ETF Increases Dividend

The company also recently disclosed a monthly dividend, which was paid on Wednesday, March 4th. Investors of record on Monday, March 2nd were given a $0.1538 dividend. The ex-dividend date was Monday, March 2nd. This is an increase from JPMorgan Municipal ETF’s previous monthly dividend of $0.14. This represents a c) dividend on an annualized basis and a 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.