FORVIS Wealth Advisors LLC Boosts Stock Holdings in JPMorgan Municipal ETF (BATS:JMUB)

FORVIS Wealth Advisors LLC grew its stake in shares of JPMorgan Municipal ETF (BATS:JMUB) by 40.5% during the first quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The fund owned 727,190 shares of the company’s stock after buying an additional 209,487 shares during the quarter. JPMorgan Municipal ETF accounts for approximately 0.9% of FORVIS Wealth Advisors LLC’s portfolio, making the stock its 21st largest holding. FORVIS Wealth Advisors LLC owned about 2.86% of JPMorgan Municipal ETF worth $36,898,000 as of its most recent SEC filing.

Several other large investors have also recently modified their holdings of the stock. Morningstar Investment Services LLC increased its position in shares of JPMorgan Municipal ETF by 96.9% in the fourth quarter. Morningstar Investment Services LLC now owns 812,766 shares of the company’s stock valued at $41,431,000 after acquiring an additional 399,905 shares during the period. Wealth Enhancement Advisory Services LLC raised its position in JPMorgan Municipal ETF by 5.3% during the 1st quarter. Wealth Enhancement Advisory Services LLC now owns 712,082 shares of the company’s stock valued at $36,131,000 after purchasing an additional 35,857 shares during the last quarter. Avantax Planning Partners Inc. lifted its holdings 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 worth $29,672,000 after buying an additional 103,995 shares during the period. CENTRAL TRUST Co grew its position in shares of JPMorgan Municipal ETF by 4.4% in the 4th quarter. CENTRAL TRUST Co now owns 420,497 shares of the company’s stock worth $21,429,000 after buying an additional 17,571 shares during the last quarter. Finally, Asio Capital LLC increased its stake in shares of JPMorgan Municipal ETF by 229.4% during the first quarter. Asio Capital LLC now owns 367,674 shares of the company’s stock valued at $18,656,000 after buying an additional 256,050 shares during the period.

JPMorgan Municipal ETF Stock Performance

Shares of JPMorgan Municipal ETF stock traded up $0.12 during midday trading on Thursday, reaching $50.37. 189,031 shares of the company’s stock traded hands. The company’s 50 day moving average is $50.32 and its 200 day moving average is $50.56. The company has a market capitalization of $1.40 billion, a P/E ratio of 10.22 and a beta of 0.08.

JPMorgan Municipal ETF Cuts Dividend

The business also recently declared a dividend, which was paid on Wednesday, July 3rd. Shareholders of record on Monday, July 1st were paid a $0.1482 dividend. The ex-dividend date was Monday, July 1st.

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.