Asio Capital LLC Raises Position in JPMorgan Municipal ETF (BATS:JMUB)

Posted by Shelly Janes on Oct 12th, 2024

Asio Capital LLC increased its holdings in shares of JPMorgan Municipal ETF (BATS:JMUB – Free Report) by 13.6% in the 3rd quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The fund owned 463,702 shares of the company’s stock after buying an additional 55,451 shares during the quarter. JPMorgan Municipal ETF accounts for about 4.5% of Asio Capital LLC’s holdings, making the stock its 3rd biggest holding. Asio Capital LLC’s holdings in JPMorgan Municipal ETF were worth $23,774,000 as of its most recent SEC filing.

Several other large investors have also bought and sold shares of the business. Financial Gravity Asset Management Inc. bought a new position in JPMorgan Municipal ETF in the 2nd quarter valued at approximately $58,000. ICA Group Wealth Management LLC lifted its stake in shares of JPMorgan Municipal ETF by 62.9% in the 2nd quarter. ICA Group Wealth Management LLC now owns 1,165 shares of the company’s stock valued at $59,000 after acquiring an additional 450 shares during the last quarter. GoalVest Advisory LLC bought a new position in JPMorgan Municipal ETF in the first quarter valued at about $79,000. EverSource Wealth Advisors LLC acquired a new stake in shares of JPMorgan Municipal ETF during the first quarter valued at about $85,000. Finally, Madison Wealth Partners Inc acquired a new stake in shares of JPMorgan Municipal ETF during the second quarter valued at about $212,000.

JPMorgan Municipal ETF Price Performance

JPMorgan Municipal ETF stock opened at $50.86 on Friday. The firm has a 50-day moving average price of $51.02 and a 200 day moving average price of $50.62. The firm has a market capitalization of $1.41 billion, a P/E ratio of 10.22 and a beta of 0.08.

JPMorgan Municipal ETF Increases Dividend

The firm also recently disclosed a dividend, which was paid on Thursday, September 5th. Investors 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

(Free Report)

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.