Centerline Wealth Advisors LLC Purchases New Position in JPMorgan Municipal ETF $JMUB

Centerline Wealth Advisors LLC purchased a new stake in JPMorgan Municipal ETF (BATS:JMUBFree Report) during the fourth quarter, according to its most recent 13F filing with the Securities & Exchange Commission. The fund purchased 15,218 shares of the company’s stock, valued at approximately $769,000.

Other large investors have also recently added to or reduced their stakes in the company. Goodman Advisory Group LLC bought a new position in shares of JPMorgan Municipal ETF in the third quarter valued at approximately $37,000. Franklin Resources Inc. acquired a new position in shares of JPMorgan Municipal ETF in the 3rd quarter worth approximately $41,000. Archer Investment Corp bought a new stake in JPMorgan Municipal ETF during the 3rd quarter worth approximately $58,000. Fifth Third Bancorp acquired a new stake in JPMorgan Municipal ETF during the 3rd quarter valued at $61,000. Finally, Imprint Wealth LLC acquired a new stake in JPMorgan Municipal ETF during the 3rd quarter valued at $63,000.

JPMorgan Municipal ETF Stock Performance

Shares of JMUB opened at $50.06 on Monday. The company has a market cap of $3.07 billion, a price-to-earnings ratio of 9.96 and a beta of 0.21. The stock has a fifty day moving average price of $50.82 and a two-hundred day moving average price of $50.64. JPMorgan Municipal ETF has a 52-week low of $47.95 and a 52-week high of $51.34.

JPMorgan Municipal ETF Increases Dividend

The firm 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 represents a c) dividend on an annualized basis and a dividend yield of 3.7%. This is a boost from JPMorgan Municipal ETF’s previous monthly dividend of $0.14. The ex-dividend date was Monday, March 2nd.

JPMorgan Municipal ETF Profile

(Free Report)

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.

See Also

Institutional Ownership by Quarter for JPMorgan Municipal ETF (BATS:JMUB)

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