Savant Capital LLC Buys 68,486 Shares of JPMorgan Municipal ETF $JMUB

Savant Capital LLC grew its stake in shares of JPMorgan Municipal ETF (BATS:JMUB) by 57.6% in the third quarter, according to its most recent filing with the Securities & Exchange Commission. The firm owned 187,384 shares of the company’s stock after acquiring an additional 68,486 shares during the period. Savant Capital LLC owned about 0.31% of JPMorgan Municipal ETF worth $9,457,000 at the end of the most recent reporting period.

Several other large investors also recently modified their holdings of the stock. Financial Gravity Companies Inc. purchased a new position in JPMorgan Municipal ETF in the second quarter valued at approximately $28,000. Briaud Financial Planning Inc bought a new stake in shares of JPMorgan Municipal ETF in the second quarter valued at $48,000. Archer Investment Corp purchased a new position in shares of JPMorgan Municipal ETF during the 3rd quarter valued at $58,000. Cape Investment Advisory Inc. grew its stake in shares of JPMorgan Municipal ETF by 698.2% during the 2nd 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. Finally, AE Wealth Management LLC grew its stake in shares of JPMorgan Municipal ETF by 49.9% during the 3rd quarter. AE Wealth Management LLC now owns 1,889 shares of the company’s stock worth $95,000 after acquiring an additional 629 shares during the period.

JPMorgan Municipal ETF Stock Up 2.1%

BATS JMUB opened at $50.84 on Thursday. The company has a market cap of $3.12 billion, a PE ratio of 9.96 and a beta of 0.21. JPMorgan Municipal ETF has a 52 week low of $47.95 and a 52 week high of $51.31. The firm’s 50-day simple moving average is $50.65 and its two-hundred day simple moving average is $50.31.

JPMorgan Municipal ETF Cuts Dividend

The firm also recently declared a monthly dividend, which was paid on Wednesday, February 4th. Investors of record on Monday, February 2nd were paid a dividend of $0.1414 per share. This represents a c) dividend on an annualized basis and a dividend yield of 3.3%. The ex-dividend date was Monday, February 2nd.

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.