Amplius Wealth Advisors LLC Acquires 36,343 Shares of JPMorgan Municipal ETF $JMUB

Amplius Wealth Advisors LLC raised its stake in JPMorgan Municipal ETF (BATS:JMUB) by 12.2% in the 4th quarter, according to the company in its most recent filing with the Securities and Exchange Commission (SEC). The firm owned 333,858 shares of the company’s stock after buying an additional 36,343 shares during the period. JPMorgan Municipal ETF comprises 1.4% of Amplius Wealth Advisors LLC’s holdings, making the stock its 19th biggest holding. Amplius Wealth Advisors LLC owned about 0.54% of JPMorgan Municipal ETF worth $16,860,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

Other hedge funds have also added to or reduced their stakes in the company. Aspen Wealth Management LLC grew its stake in shares of JPMorgan Municipal ETF by 10.9% during the fourth quarter. Aspen Wealth Management LLC now owns 355,918 shares of the company’s stock worth $17,974,000 after acquiring an additional 34,931 shares during the last quarter. Baron Silver Stevens Financial Advisors LLC raised its position in shares of JPMorgan Municipal ETF by 33.7% in the 3rd quarter. Baron Silver Stevens Financial Advisors LLC now owns 195,290 shares of the company’s stock valued at $9,856,000 after purchasing an additional 49,188 shares during the last quarter. Cyndeo Wealth Partners LLC acquired a new stake in JPMorgan Municipal ETF in the 4th quarter worth approximately $1,929,000. Farther Finance Advisors LLC boosted its stake in JPMorgan Municipal ETF by 86.3% in the 3rd quarter. Farther Finance Advisors LLC now owns 28,104 shares of the company’s stock worth $1,418,000 after purchasing an additional 13,021 shares in the last quarter. Finally, Breakwater Capital Group grew its position in JPMorgan Municipal ETF by 29.7% during the 4th quarter. Breakwater Capital Group now owns 54,295 shares of the company’s stock worth $2,742,000 after purchasing an additional 12,428 shares during the last quarter.

JPMorgan Municipal ETF Trading Down 0.6%

BATS:JMUB opened at $49.84 on Wednesday. JPMorgan Municipal ETF has a twelve month low of $47.95 and a twelve month high of $51.34. The company has a market cap of $3.06 billion, a PE ratio of 9.96 and a beta of 0.21. The company’s 50 day moving average is $50.79 and its two-hundred day moving average is $50.65.

JPMorgan Municipal ETF Increases Dividend

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

About JPMorgan Municipal ETF

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.