Ameritas Advisory Services LLC Boosts Stake in JPMorgan Municipal ETF $JMUB

Ameritas Advisory Services LLC raised its position in JPMorgan Municipal ETF (BATS:JMUB) by 302.9% in the 3rd quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 158,503 shares of the company’s stock after acquiring an additional 119,163 shares during the quarter. Ameritas Advisory Services LLC owned approximately 0.26% of JPMorgan Municipal ETF worth $8,000,000 as of its most recent SEC filing.

A number of other institutional investors and hedge funds also recently bought and sold shares of the business. Financial Gravity Companies Inc. purchased a new position in JPMorgan Municipal ETF in the second quarter worth approximately $28,000. Briaud Financial Planning Inc acquired a new stake in shares of JPMorgan Municipal ETF in the 2nd quarter valued at $48,000. Archer Investment Corp acquired a new stake in shares of JPMorgan Municipal ETF in the 3rd quarter valued at $58,000. Cape Investment Advisory Inc. lifted its position in shares of JPMorgan Municipal ETF by 698.2% during the 2nd quarter. Cape Investment Advisory Inc. now owns 1,740 shares of the company’s stock worth $86,000 after purchasing an additional 1,522 shares during the last quarter. Finally, AE Wealth Management LLC grew its stake in shares of JPMorgan Municipal ETF by 49.9% during the third quarter. AE Wealth Management LLC now owns 1,889 shares of the company’s stock worth $95,000 after purchasing an additional 629 shares in the last quarter.

JPMorgan Municipal ETF Price Performance

BATS:JMUB opened at $51.01 on Friday. JPMorgan Municipal ETF has a 12 month low of $47.95 and a 12 month high of $51.02. The firm has a market capitalization of $3.13 billion, a PE ratio of 9.96 and a beta of 0.21. The business’s fifty day moving average price is $50.68 and its 200 day moving average price is $50.37.

JPMorgan Municipal ETF Cuts Dividend

The company also recently disclosed a monthly dividend, which was paid on Wednesday, February 4th. Stockholders of record on Monday, February 2nd were issued a $0.1414 dividend. This represents a c) annualized dividend and a dividend yield of 3.3%. The ex-dividend date of this dividend was Monday, February 2nd.

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.