JPMorgan Municipal ETF (BATS:JMUB) Position Boosted by Mills Wealth Advisors LLC

Mills Wealth Advisors LLC raised its stake in shares of JPMorgan Municipal ETF (BATS:JMUB) by 89.1% in the 4th quarter, according to its most recent disclosure with the SEC. The firm owned 147,680 shares of the company’s stock after purchasing an additional 69,583 shares during the period. JPMorgan Municipal ETF accounts for about 4.2% of Mills Wealth Advisors LLC’s investment portfolio, making the stock its 8th biggest holding. Mills Wealth Advisors LLC owned approximately 0.53% of JPMorgan Municipal ETF worth $7,406,000 as of its most recent filing with the SEC.

A number of other hedge funds and other institutional investors have also bought and sold shares of the stock. LPL Financial LLC grew its stake in shares of JPMorgan Municipal ETF by 18.7% during the 3rd quarter. LPL Financial LLC now owns 2,506,748 shares of the company’s stock valued at $128,521,000 after acquiring an additional 394,199 shares during the period. Marcum Wealth LLC bought a new position in shares of JPMorgan Municipal ETF in the fourth quarter worth approximately $16,720,000. Ameritas Advisory Services LLC increased its stake in shares of JPMorgan Municipal ETF by 89.3% in the fourth quarter. Ameritas Advisory Services LLC now owns 193,660 shares of the company’s stock worth $9,712,000 after purchasing an additional 91,376 shares in the last quarter. Forvis Mazars Wealth Advisors LLC raised its position in shares of JPMorgan Municipal ETF by 9.6% during the 4th quarter. Forvis Mazars Wealth Advisors LLC now owns 924,781 shares of the company’s stock valued at $46,378,000 after purchasing an additional 81,180 shares during the period. Finally, Obsidian Personal Planning Solutions LLC purchased a new position in shares of JPMorgan Municipal ETF during the 3rd quarter valued at $3,163,000.

JPMorgan Municipal ETF Price Performance

Shares of JPMorgan Municipal ETF stock opened at $50.67 on Friday. The business has a fifty day moving average price of $50.26 and a two-hundred day moving average price of $50.63. The company has a market cap of $1.41 billion, a P/E ratio of 10.19 and a beta of 0.08.

JPMorgan Municipal ETF Cuts Dividend

The firm also recently disclosed a dividend, which was paid on Wednesday, February 5th. Stockholders of record on Monday, February 3rd were paid a $0.1299 dividend. 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.