Apollon Wealth Management LLC Acquires 10,928 Shares of JPMorgan Municipal ETF (BATS:JMUB)

Apollon Wealth Management LLC grew its holdings in JPMorgan Municipal ETF (BATS:JMUB) by 8.2% during the 3rd quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The firm owned 144,293 shares of the company’s stock after purchasing an additional 10,928 shares during the period. Apollon Wealth Management LLC owned approximately 0.52% of JPMorgan Municipal ETF worth $7,398,000 at the end of the most recent quarter.

Other hedge funds also recently bought and sold shares of the company. Bond & Devick Financial Network Inc. grew its stake in JPMorgan Municipal ETF by 11.5% in the 3rd quarter. Bond & Devick Financial Network Inc. now owns 7,583 shares of the company’s stock worth $389,000 after buying an additional 781 shares in the last quarter. Axxcess Wealth Management LLC purchased a new position in JPMorgan Municipal ETF in the 3rd quarter worth approximately $333,000. HTG Investment Advisors Inc. grew its stake in JPMorgan Municipal ETF by 20.2% in the 3rd quarter. HTG Investment Advisors Inc. now owns 62,197 shares of the company’s stock worth $3,189,000 after buying an additional 10,461 shares in the last quarter. G2 Capital Management LLC OH grew its stake in JPMorgan Municipal ETF by 5.6% in the 3rd quarter. G2 Capital Management LLC OH now owns 86,486 shares of the company’s stock worth $4,434,000 after buying an additional 4,577 shares in the last quarter. Finally, Atria Investments Inc purchased a new position in JPMorgan Municipal ETF in the 3rd quarter worth approximately $208,000.

JPMorgan Municipal ETF Stock Up 0.0 %

Shares of JPMorgan Municipal ETF stock opened at $50.53 on Tuesday. The stock has a market cap of $1.40 billion, a PE ratio of 10.22 and a beta of 0.08. The firm has a 50-day simple moving average of $50.87 and a two-hundred day simple moving average of $50.65.

JPMorgan Municipal ETF Increases Dividend

The firm also recently disclosed a dividend, which was paid on Thursday, September 5th. Stockholders of record on Tuesday, September 3rd were paid a $0.1506 dividend. This is a boost from JPMorgan Municipal ETF’s previous dividend of $0.15. The ex-dividend date of this dividend was Tuesday, September 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.