Syntegra Private Wealth Group LLC Buys 15,453 Shares of JPMorgan Municipal ETF (BATS:JMUB)

Syntegra Private Wealth Group LLC raised its position in shares of JPMorgan Municipal ETF (BATS:JMUB) by 7.0% during the fourth quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The fund owned 234,837 shares of the company’s stock after acquiring an additional 15,453 shares during the period. JPMorgan Municipal ETF makes up about 1.3% of Syntegra Private Wealth Group LLC’s investment portfolio, making the stock its 16th largest position. Syntegra Private Wealth Group LLC’s holdings in JPMorgan Municipal ETF were worth $11,777,000 at the end of the most recent reporting period.

Several other hedge funds and other institutional investors have also made changes to their positions in JMUB. Sunbelt Securities Inc. boosted its stake in shares of JPMorgan Municipal ETF by 208.0% during the 3rd quarter. Sunbelt Securities Inc. now owns 1,118 shares of the company’s stock worth $57,000 after purchasing an additional 755 shares during the period. Blue Investment Partners LLC purchased a new position in shares of JPMorgan Municipal ETF during the third quarter valued at approximately $203,000. Aptus Capital Advisors LLC grew its stake in shares of JPMorgan Municipal ETF by 291.3% during the third quarter. Aptus Capital Advisors LLC now owns 4,026 shares of the company’s stock valued at $206,000 after buying an additional 2,997 shares during the last quarter. Atria Investments Inc purchased a new stake in shares of JPMorgan Municipal ETF in the third quarter worth approximately $208,000. Finally, Vawter Financial Ltd. bought a new stake in shares of JPMorgan Municipal ETF during the 3rd quarter worth approximately $214,000.

JPMorgan Municipal ETF Trading Up 1.4 %

JMUB opened at $50.49 on Thursday. The firm’s 50-day simple moving average is $50.37 and its two-hundred day simple moving average is $50.67. The stock has a market cap of $1.40 billion, a PE ratio of 10.22 and a beta of 0.08.

JPMorgan Municipal ETF Cuts Dividend

The business also recently announced a dividend, which was paid on Wednesday, February 5th. Stockholders of record on Monday, February 3rd were paid a dividend of $0.1299 per share. The ex-dividend date of this dividend was Monday, February 3rd.

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.