TruWealth Advisors LLC Acquires 24,897 Shares of JPMorgan Municipal ETF (BATS:JMUB)

TruWealth Advisors LLC boosted its holdings in shares of JPMorgan Municipal ETF (BATS:JMUB) by 26.4% in the third quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The firm owned 119,051 shares of the company’s stock after acquiring an additional 24,897 shares during the quarter. TruWealth Advisors LLC owned 0.43% of JPMorgan Municipal ETF worth $6,104,000 as of its most recent SEC filing.

Several other hedge funds also recently bought and sold shares of JMUB. Western Wealth Management LLC grew its holdings in shares of JPMorgan Municipal ETF by 2.0% in the second quarter. Western Wealth Management LLC now owns 10,992 shares of the company’s stock worth $554,000 after purchasing an additional 217 shares during the last quarter. Financial Connections Group Inc. grew its stake in JPMorgan Municipal ETF by 1.7% in the 1st quarter. Financial Connections Group Inc. now owns 14,051 shares of the company’s stock worth $713,000 after acquiring an additional 235 shares in the last quarter. ERn Financial LLC increased its position in shares of JPMorgan Municipal ETF by 1.0% during the second quarter. ERn Financial LLC now owns 33,037 shares of the company’s stock worth $1,664,000 after acquiring an additional 316 shares during the period. WealthCare Investment Partners LLC raised its stake in shares of JPMorgan Municipal ETF by 0.6% during the third quarter. WealthCare Investment Partners LLC now owns 58,498 shares of the company’s stock valued at $2,979,000 after acquiring an additional 333 shares in the last quarter. Finally, Resonant Capital Advisors LLC boosted its holdings in shares of JPMorgan Municipal ETF by 0.6% in the first quarter. Resonant Capital Advisors LLC now owns 76,169 shares of the company’s stock valued at $3,865,000 after purchasing an additional 449 shares during the period.

JPMorgan Municipal ETF Price Performance

JMUB opened at $50.87 on Friday. The business’s 50 day moving average price is $51.02 and its two-hundred day moving average price is $50.62. The stock has a market cap of $1.41 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. Stockholders of record on Tuesday, September 3rd were paid a dividend of $0.1506 per share. The ex-dividend date of this dividend was Tuesday, September 3rd. This is a positive change from JPMorgan Municipal ETF’s previous dividend of $0.15.

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.