285,004 Shares in JPMorgan Municipal ETF (BATS:JMUB) Acquired by IAG Wealth Partners LLC

Posted by Donald Scott on Apr 28th, 2024

IAG Wealth Partners LLC bought a new position in shares of JPMorgan Municipal ETF (BATS:JMUB – Free Report) during the 4th quarter, HoldingsChannel.com reports. The fund bought 285,004 shares of the company’s stock, valued at approximately $14,524,000. JPMorgan Municipal ETF makes up 3.3% of IAG Wealth Partners LLC’s investment portfolio, making the stock its 10th largest position.

Several other large investors have also recently added to or reduced their stakes in the business. Hazlett Burt & Watson Inc. acquired a new position in JPMorgan Municipal ETF during the 4th quarter worth approximately $51,000. Carmichael Hill & Associates Inc. acquired a new position in JPMorgan Municipal ETF during the 4th quarter worth approximately $70,000. McIlrath & Eck LLC acquired a new position in JPMorgan Municipal ETF during the 3rd quarter worth approximately $102,000. West Oak Capital LLC grew its holdings in JPMorgan Municipal ETF by 33.3% during the 4th quarter. West Oak Capital LLC now owns 4,000 shares of the company’s stock worth $204,000 after acquiring an additional 1,000 shares in the last quarter. Finally, Lodestar Private Asset Management LLC acquired a new position in JPMorgan Municipal ETF during the 3rd quarter worth approximately $210,000.

JPMorgan Municipal ETF Stock Up 0.1 %

BATS JMUB opened at $50.15 on Friday. The firm has a market cap of $1.33 billion, a PE ratio of 10.19 and a beta of 0.07. The business’s 50 day moving average price is $50.55 and its 200 day moving average price is $50.13.

JPMorgan Municipal ETF Increases Dividend

The company also recently declared a dividend, which was paid on Thursday, April 4th. Shareholders of record on Tuesday, April 2nd were issued a dividend of $0.1449 per share. The ex-dividend date was Monday, April 1st. This is a boost from JPMorgan Municipal ETF’s previous dividend of $0.14.

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.