JPMorgan Municipal ETF (BATS:JMUB) Shares Acquired by Wealth Enhancement Advisory Services LLC

Wealth Enhancement Advisory Services LLC lifted its holdings in shares of JPMorgan Municipal ETF (BATS:JMUB) by 5.3% in the 1st quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The firm owned 712,082 shares of the company’s stock after buying an additional 35,857 shares during the quarter. Wealth Enhancement Advisory Services LLC owned approximately 2.80% of JPMorgan Municipal ETF worth $36,131,000 as of its most recent SEC filing.

Several other hedge funds have also recently added to or reduced their stakes in the company. Morningstar Investment Services LLC raised its stake in JPMorgan Municipal ETF by 96.9% in the 4th quarter. Morningstar Investment Services LLC now owns 812,766 shares of the company’s stock valued at $41,431,000 after purchasing an additional 399,905 shares during the last quarter. Avantax Planning Partners Inc. raised its stake in JPMorgan Municipal ETF by 21.7% in the 4th quarter. Avantax Planning Partners Inc. now owns 582,260 shares of the company’s stock valued at $29,672,000 after purchasing an additional 103,995 shares during the last quarter. FORVIS Wealth Advisors LLC grew its holdings in JPMorgan Municipal ETF by 39.5% in the 4th quarter. FORVIS Wealth Advisors LLC now owns 517,703 shares of the company’s stock valued at $26,382,000 after buying an additional 146,528 shares in the last quarter. CENTRAL TRUST Co grew its holdings in JPMorgan Municipal ETF by 4.4% in the 4th quarter. CENTRAL TRUST Co now owns 420,497 shares of the company’s stock valued at $21,429,000 after buying an additional 17,571 shares in the last quarter. Finally, Collective Family Office LLC grew its holdings in JPMorgan Municipal ETF by 48.2% in the 1st quarter. Collective Family Office LLC now owns 358,259 shares of the company’s stock valued at $18,178,000 after buying an additional 116,469 shares in the last quarter.

JPMorgan Municipal ETF Trading Up 0.1 %

BATS:JMUB traded up $0.04 during trading hours on Thursday, hitting $50.47. The company had a trading volume of 132,644 shares. The business’s 50-day moving average price is $50.30 and its 200-day moving average price is $50.57. The firm has a market capitalization of $1.40 billion, a P/E ratio of 10.22 and a beta of 0.08.

JPMorgan Municipal ETF Increases Dividend

The company also recently disclosed a dividend, which was paid on Wednesday, June 5th. Stockholders of record on Monday, June 3rd were issued a $0.1497 dividend. This is an increase from JPMorgan Municipal ETF’s previous dividend of $0.14. The ex-dividend date was Monday, June 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.