Forvis Mazars Wealth Advisors LLC Purchases 81,180 Shares of JPMorgan Municipal ETF (BATS:JMUB)

Forvis Mazars Wealth Advisors LLC lifted its position in JPMorgan Municipal ETF (BATS:JMUB) by 9.6% in the 4th quarter, according to the company in its most recent 13F filing with the SEC. The institutional investor owned 924,781 shares of the company’s stock after buying an additional 81,180 shares during the quarter. JPMorgan Municipal ETF comprises 1.1% of Forvis Mazars Wealth Advisors LLC’s investment portfolio, making the stock its 17th largest holding. Forvis Mazars Wealth Advisors LLC owned 3.33% of JPMorgan Municipal ETF worth $46,378,000 at the end of the most recent reporting period.

Other large investors have also made changes to their positions in the company. Sunbelt Securities Inc. lifted its holdings in shares of JPMorgan Municipal ETF by 208.0% during the third quarter. Sunbelt Securities Inc. now owns 1,118 shares of the company’s stock worth $57,000 after buying an additional 755 shares during the last quarter. Allworth Financial LP acquired a new position in shares of JPMorgan Municipal ETF during the fourth quarter worth approximately $77,000. Blue Investment Partners LLC acquired a new position in shares of JPMorgan Municipal ETF during the third quarter worth approximately $203,000. Aptus Capital Advisors LLC lifted its holdings 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 worth $206,000 after buying an additional 2,997 shares during the last quarter. Finally, Atria Investments Inc acquired a new position in shares of JPMorgan Municipal ETF during the third quarter worth approximately $208,000.

JPMorgan Municipal ETF Trading Up 1.3 %

Shares of JMUB stock opened at $50.47 on Friday. The firm has a market capitalization of $1.40 billion, a price-to-earnings ratio of 10.19 and a beta of 0.08. The stock’s 50 day simple moving average is $50.24 and its 200 day simple moving average is $50.63.

JPMorgan Municipal ETF Cuts Dividend

The company also recently announced a dividend, which was paid on Wednesday, February 5th. Investors of record on Monday, February 3rd were paid a $0.1299 dividend. The ex-dividend date was Monday, February 3rd.

JPMorgan Municipal ETF Company 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.