Landmark Wealth Management LLC Acquires 3,416 Shares of JPMorgan Municipal ETF (BATS:JMUB)

Landmark Wealth Management LLC grew its stake in JPMorgan Municipal ETF (BATS:JMUB) by 5.0% during the third quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The firm owned 71,564 shares of the company’s stock after acquiring an additional 3,416 shares during the quarter. JPMorgan Municipal ETF comprises about 1.6% of Landmark Wealth Management LLC’s portfolio, making the stock its 19th biggest position. Landmark Wealth Management LLC owned approximately 0.26% of JPMorgan Municipal ETF worth $3,669,000 as of its most recent filing with the Securities and Exchange Commission.

Several other large investors have also recently made changes to their positions in the stock. Financial Gravity Asset Management Inc. acquired a new stake in JPMorgan Municipal ETF in the second quarter valued at approximately $58,000. ICA Group Wealth Management LLC increased its position in JPMorgan Municipal ETF by 62.9% during the 2nd quarter. ICA Group Wealth Management LLC now owns 1,165 shares of the company’s stock valued at $59,000 after buying an additional 450 shares in the last quarter. EverSource Wealth Advisors LLC purchased a new stake in JPMorgan Municipal ETF in the first quarter valued at about $85,000. Madison Wealth Partners Inc purchased a new stake in JPMorgan Municipal ETF in the second quarter valued at about $212,000. Finally, Avantax Advisory Services Inc. acquired a new stake in JPMorgan Municipal ETF in the first quarter worth about $214,000.

JPMorgan Municipal ETF Trading Up 0.3 %

BATS JMUB opened at $50.48 on Tuesday. The business has a 50-day moving average of $50.93 and a two-hundred day moving average of $50.65. The stock has a market capitalization of $1.40 billion, a PE ratio of 10.22 and a beta of 0.08.

JPMorgan Municipal ETF Increases Dividend

The company also recently announced 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. This is an increase from JPMorgan Municipal ETF’s previous dividend of $0.15. The ex-dividend date of this dividend was Tuesday, September 3rd.

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.