ORG Partners LLC Cuts Stock Holdings in JPMorgan Municipal ETF $JMUB

ORG Partners LLC reduced its stake in shares of JPMorgan Municipal ETF (BATS:JMUB) by 82.9% during the third quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The fund owned 8,193 shares of the company’s stock after selling 39,778 shares during the quarter. ORG Partners LLC’s holdings in JPMorgan Municipal ETF were worth $414,000 at the end of the most recent quarter.

Other hedge funds and other institutional investors also recently modified their holdings of the company. Royal Bank of Canada boosted its holdings in JPMorgan Municipal ETF by 12.1% during the 1st quarter. Royal Bank of Canada now owns 100,198 shares of the company’s stock valued at $5,010,000 after acquiring an additional 10,823 shares during the period. AQR Capital Management LLC boosted its stake in shares of JPMorgan Municipal ETF by 37.4% during the first quarter. AQR Capital Management LLC now owns 10,756 shares of the company’s stock valued at $538,000 after purchasing an additional 2,927 shares during the period. SageView Advisory Group LLC purchased a new stake in shares of JPMorgan Municipal ETF during the first quarter valued at approximately $319,000. Jane Street Group LLC grew its holdings in shares of JPMorgan Municipal ETF by 49.2% in the first quarter. Jane Street Group LLC now owns 259,146 shares of the company’s stock worth $12,957,000 after purchasing an additional 85,412 shares during the last quarter. Finally, First Financial Bank Trust Division purchased a new position in shares of JPMorgan Municipal ETF in the second quarter worth $411,000.

JPMorgan Municipal ETF Stock Up 1.9%

BATS:JMUB opened at $50.76 on Friday. The firm has a market capitalization of $3.11 billion, a P/E ratio of 9.96 and a beta of 0.21. The company has a fifty day moving average of $50.62 and a 200 day moving average of $50.14. JPMorgan Municipal ETF has a 52 week low of $47.95 and a 52 week high of $51.31.

JPMorgan Municipal ETF Cuts Dividend

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

JPMorgan Municipal ETF Company 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.