Daymark Wealth Partners LLC Has $2.82 Million Stock Position in JPMorgan Municipal ETF $JMUB

Daymark Wealth Partners LLC boosted its holdings in shares of JPMorgan Municipal ETF (BATS:JMUB) by 45.4% in the 4th quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The fund owned 55,751 shares of the company’s stock after purchasing an additional 17,404 shares during the period. Daymark Wealth Partners LLC owned about 0.09% of JPMorgan Municipal ETF worth $2,815,000 at the end of the most recent quarter.

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

JPMorgan Municipal ETF Trading Up 0.3%

Shares of BATS JMUB opened at $49.98 on Thursday. The company has a market cap of $3.07 billion, a price-to-earnings ratio of 9.96 and a beta of 0.21. JPMorgan Municipal ETF has a 12 month low of $47.95 and a 12 month high of $51.34. The stock has a 50-day moving average price of $50.77 and a two-hundred day moving average price of $50.64.

JPMorgan Municipal ETF Increases Dividend

The business also recently disclosed a monthly dividend, which was paid on Wednesday, March 4th. Investors of record on Monday, March 2nd were given a dividend of $0.1538 per share. The ex-dividend date was Monday, March 2nd. This represents a c) dividend on an annualized basis and a yield of 3.7%. This is a positive change from JPMorgan Municipal ETF’s previous monthly dividend of $0.14.

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.