Assetmark Inc. Has $6.43 Million Stock Holdings in JPMorgan Municipal ETF $JMUB

Assetmark Inc. raised its position in JPMorgan Municipal ETF (BATS:JMUB) by 31.0% during the third quarter, according to its most recent 13F filing with the SEC. The fund owned 127,296 shares of the company’s stock after buying an additional 30,118 shares during the period. Assetmark Inc. owned about 0.21% of JPMorgan Municipal ETF worth $6,425,000 as of its most recent filing with the SEC.

Other institutional investors and hedge funds also recently made changes to their positions in the company. Savvy Advisors Inc. increased its position in JPMorgan Municipal ETF by 22.2% in the third quarter. Savvy Advisors Inc. now owns 8,331 shares of the company’s stock worth $420,000 after purchasing an additional 1,515 shares during the period. Prospera Financial Services Inc lifted its position in JPMorgan Municipal ETF by 4.1% during the 3rd quarter. Prospera Financial Services Inc now owns 20,322 shares of the company’s stock valued at $1,026,000 after purchasing an additional 793 shares during the period. Oppenheimer & Co. Inc. boosted its stake in shares of JPMorgan Municipal ETF by 58.5% in the 3rd quarter. Oppenheimer & Co. Inc. now owns 11,769 shares of the company’s stock valued at $594,000 after purchasing an additional 4,343 shares during the last quarter. Breakwater Capital Group grew its position in shares of JPMorgan Municipal ETF by 10.0% during the 3rd quarter. Breakwater Capital Group now owns 41,867 shares of the company’s stock worth $2,113,000 after buying an additional 3,816 shares during the period. Finally, Caliber Wealth Management LLC KS bought a new stake in shares of JPMorgan Municipal ETF during the third quarter worth approximately $217,000.

JPMorgan Municipal ETF Price Performance

Shares of BATS JMUB opened at $51.05 on Tuesday. JPMorgan Municipal ETF has a fifty-two week low of $47.95 and a fifty-two week high of $51.11. The firm has a market capitalization of $3.13 billion, a P/E ratio of 9.96 and a beta of 0.21. The company’s 50 day simple moving average is $50.70 and its 200 day simple moving average is $50.41.

JPMorgan Municipal ETF Cuts Dividend

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

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.