StrategIQ Financial Group LLC Makes New Investment in JPMorgan Municipal ETF (BATS:JMUB)

StrategIQ Financial Group LLC acquired a new stake in shares of JPMorgan Municipal ETF (BATS:JMUBFree Report) during the 4th quarter, according to its most recent Form 13F filing with the SEC. The institutional investor acquired 14,180 shares of the company’s stock, valued at approximately $723,000.

A number of other institutional investors have also recently made changes to their positions in JMUB. BlackRock Inc. bought a new position in shares of JPMorgan Municipal ETF during the 1st quarter valued at about $43,000. McIlrath & Eck LLC purchased a new stake in JPMorgan Municipal ETF in the 3rd quarter valued at about $102,000. Advisory Services Network LLC raised its position in JPMorgan Municipal ETF by 25.2% during the 1st quarter. Advisory Services Network LLC now owns 2,759 shares of the company’s stock valued at $140,000 after purchasing an additional 556 shares in the last quarter. C M Bidwell & Associates Ltd. lifted its position in shares of JPMorgan Municipal ETF by 60.8% in the 2nd quarter. C M Bidwell & Associates Ltd. now owns 2,895 shares of the company’s stock worth $145,000 after purchasing an additional 1,095 shares during the period. Finally, West Oak Capital LLC boosted its position in JPMorgan Municipal ETF by 50.0% during the 3rd quarter. West Oak Capital LLC now owns 3,000 shares of the company’s stock valued at $145,000 after acquiring an additional 1,000 shares in the last quarter.

JPMorgan Municipal ETF Stock Down 0.2 %

BATS:JMUB traded down $0.08 during midday trading on Wednesday, reaching $50.36. 179,758 shares of the stock traded hands. The firm has a 50-day moving average price of $50.74 and a 200-day moving average price of $49.92.

JPMorgan Municipal ETF Increases Dividend

The firm also recently announced a dividend, which will be paid on Thursday, April 4th. Investors of record on Tuesday, April 2nd will be given a dividend of $0.1449 per share. This is a positive change from JPMorgan Municipal ETF’s previous dividend of $0.14. The ex-dividend date of this dividend is Monday, April 1st.

About JPMorgan Municipal ETF

(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.

Further Reading

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Institutional Ownership by Quarter for JPMorgan Municipal ETF (BATS:JMUB)

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