Ameritas Advisory Services LLC Reduces Stock Holdings in JPMorgan Municipal ETF (BATS:JMUB)

Ameritas Advisory Services LLC reduced its holdings in JPMorgan Municipal ETF (BATS:JMUB) by 25.8% during the 3rd quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The fund owned 102,284 shares of the company’s stock after selling 35,610 shares during the period. Ameritas Advisory Services LLC’s holdings in JPMorgan Municipal ETF were worth $5,244,000 at the end of the most recent quarter.

Several other large investors have also made changes to their positions in JMUB. Financial Connections Group Inc. boosted its holdings in shares of JPMorgan Municipal ETF by 1.7% in the 1st quarter. Financial Connections Group Inc. now owns 14,051 shares of the company’s stock valued at $713,000 after acquiring an additional 235 shares during the last quarter. CFO4Life Group LLC boosted its holdings in JPMorgan Municipal ETF by 27.5% during the first quarter. CFO4Life Group LLC now owns 227,366 shares of the company’s stock worth $11,537,000 after buying an additional 49,084 shares in the last quarter. Envestnet Portfolio Solutions Inc. boosted its holdings in JPMorgan Municipal ETF by 18.3% during the first quarter. Envestnet Portfolio Solutions Inc. now owns 11,157 shares of the company’s stock worth $566,000 after buying an additional 1,724 shares in the last quarter. Bernardo Wealth Planning LLC purchased a new stake in JPMorgan Municipal ETF during the first quarter worth $475,000. Finally, BCGM Wealth Management LLC purchased a new stake in JPMorgan Municipal ETF during the first quarter worth $257,000.

JPMorgan Municipal ETF Stock Up 0.3 %

BATS JMUB traded up $0.14 during mid-day trading on Tuesday, reaching $50.48. 464,653 shares of the stock were exchanged. The business has a 50-day simple moving average of $50.93 and a 200 day simple moving average of $50.65. The stock has a market cap of $1.40 billion, a P/E ratio of 10.22 and a beta of 0.08.

JPMorgan Municipal ETF Increases Dividend

The company also recently declared a dividend, which was paid on Thursday, September 5th. Investors of record on Tuesday, September 3rd were issued a dividend of $0.1506 per share. The ex-dividend date of this dividend was Tuesday, September 3rd. This is an increase from JPMorgan Municipal ETF’s previous dividend of $0.15.

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.