Silver Oak Wealth Advisors Services LLC Buys 12,790 Shares of JPMorgan Municipal ETF $JMUB

Silver Oak Wealth Advisors Services LLC lifted its stake in shares of JPMorgan Municipal ETF (BATS:JMUB) by 27.0% during the third quarter, according to the company in its most recent Form 13F filing with the SEC. The firm owned 60,164 shares of the company’s stock after acquiring an additional 12,790 shares during the quarter. JPMorgan Municipal ETF makes up approximately 2.0% of Silver Oak Wealth Advisors Services LLC’s holdings, making the stock its 13th biggest holding. Silver Oak Wealth Advisors Services LLC’s holdings in JPMorgan Municipal ETF were worth $3,036,000 at the end of the most recent reporting period.

Other large investors have also recently modified their holdings of the company. ST Germain D J Co. Inc. purchased a new position in JPMorgan Municipal ETF during the 2nd quarter worth $25,000. Financial Gravity Companies Inc. bought a new position in shares of JPMorgan Municipal ETF during the 2nd quarter worth $28,000. Briaud Financial Planning Inc purchased a new position in shares of JPMorgan Municipal ETF during the second quarter valued at $48,000. Abound Wealth Management bought a new stake in shares of JPMorgan Municipal ETF in the second quarter valued at about $78,000. Finally, Cape Investment Advisory Inc. lifted its stake in JPMorgan Municipal ETF by 698.2% in the second quarter. Cape Investment Advisory Inc. now owns 1,740 shares of the company’s stock worth $86,000 after acquiring an additional 1,522 shares during the period.

JPMorgan Municipal ETF Price Performance

Shares of JPMorgan Municipal ETF stock opened at $50.72 on Friday. The stock has a market cap of $3.11 billion, a price-to-earnings ratio of 9.96 and a beta of 0.21. The firm’s 50-day moving average is $50.62 and its two-hundred day moving average is $50.13. JPMorgan Municipal ETF has a 1 year low of $47.95 and a 1 year high of $51.31.

JPMorgan Municipal ETF Cuts Dividend

The firm also recently disclosed a monthly dividend, which was paid on Thursday, October 23rd. Investors of record on Tuesday, October 21st were issued a dividend of $0.1214 per share. This represents a c) annualized dividend and a yield of 2.9%. The ex-dividend date of this dividend was Tuesday, October 21st.

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.