Oakwell Private Wealth Management LLC Has $8.13 Million Holdings in JPMorgan Municipal ETF $JMUB

Oakwell Private Wealth Management LLC raised its holdings in JPMorgan Municipal ETF (BATS:JMUB) by 7.2% in the third quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission. The firm owned 161,016 shares of the company’s stock after acquiring an additional 10,849 shares during the period. JPMorgan Municipal ETF comprises about 1.6% of Oakwell Private Wealth Management LLC’s investment portfolio, making the stock its 13th largest holding. Oakwell Private Wealth Management LLC owned about 0.26% of JPMorgan Municipal ETF worth $8,126,000 at the end of the most recent quarter.

Several other large investors also recently modified their holdings of the business. Daymark Wealth Partners LLC lifted its holdings in shares of JPMorgan Municipal ETF by 0.6% during the 3rd quarter. Daymark Wealth Partners LLC now owns 38,347 shares of the company’s stock valued at $1,935,000 after purchasing an additional 228 shares in the last quarter. Fifth Third Securities Inc. raised its holdings in JPMorgan Municipal ETF by 3.2% during the 3rd quarter. Fifth Third Securities Inc. now owns 7,561 shares of the company’s stock worth $382,000 after buying an additional 231 shares during the period. J.W. Cole Advisors Inc. lifted its stake in JPMorgan Municipal ETF by 1.0% in the second quarter. J.W. Cole Advisors Inc. now owns 25,132 shares of the company’s stock valued at $1,248,000 after buying an additional 258 shares in the last quarter. Axis Wealth Partners LLC lifted its stake in JPMorgan Municipal ETF by 4.4% in the third quarter. Axis Wealth Partners LLC now owns 7,172 shares of the company’s stock valued at $362,000 after buying an additional 300 shares in the last quarter. Finally, Sagespring Wealth Partners LLC boosted its holdings in shares of JPMorgan Municipal ETF by 1.3% in the third quarter. Sagespring Wealth Partners LLC now owns 25,781 shares of the company’s stock valued at $1,301,000 after buying an additional 319 shares during the period.

JPMorgan Municipal ETF Stock Down 0.5%

Shares of JMUB stock opened at $50.77 on Wednesday. JPMorgan Municipal ETF has a 12-month low of $47.95 and a 12-month high of $51.34. The firm has a fifty day moving average of $50.84 and a 200-day moving average of $50.55. The company has a market capitalization of $3.11 billion, a price-to-earnings ratio of 9.96 and a beta of 0.21.

JPMorgan Municipal ETF Increases Dividend

The company also recently disclosed a monthly dividend, which will be paid on Wednesday, March 4th. Stockholders of record on Monday, March 2nd will be given a dividend of $0.1538 per share. This is an increase from JPMorgan Municipal ETF’s previous monthly dividend of $0.14. This represents a c) annualized dividend and a dividend yield of 3.6%. The ex-dividend date of this dividend is Monday, March 2nd.

About JPMorgan Municipal ETF

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.