JPMorgan Municipal ETF $JMUB Shares Acquired by Retirement Planning Group LLC

Retirement Planning Group LLC raised its position in JPMorgan Municipal ETF (BATS:JMUB) by 18.7% during the third quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The firm owned 67,272 shares of the company’s stock after purchasing an additional 10,593 shares during the quarter. Retirement Planning Group LLC owned 0.11% of JPMorgan Municipal ETF worth $3,395,000 at the end of the most recent quarter.

Several other hedge funds also recently added to or reduced their stakes in the stock. U.S. Capital Wealth Advisors LLC boosted its holdings in JPMorgan Municipal ETF by 2.4% in the second quarter. U.S. Capital Wealth Advisors LLC now owns 8,707 shares of the company’s stock valued at $432,000 after purchasing an additional 208 shares during the last quarter. Daymark Wealth Partners LLC boosted its stake in 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. boosted its position in shares of JPMorgan Municipal ETF by 3.2% during the 3rd quarter. Fifth Third Securities Inc. now owns 7,561 shares of the company’s stock valued at $382,000 after purchasing an additional 231 shares in the last quarter. J.W. Cole Advisors Inc. increased its holdings in shares of 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. Finally, Perennial Advisors LLC increased its position in shares of JPMorgan Municipal ETF by 2.5% in the second quarter. Perennial Advisors LLC now owns 12,175 shares of the company’s stock worth $604,000 after acquiring an additional 300 shares in the last quarter.

JPMorgan Municipal ETF Trading Up 1.9%

BATS:JMUB opened at $50.76 on Wednesday. JPMorgan Municipal ETF has a 1-year low of $47.95 and a 1-year high of $51.31. The firm has a market capitalization of $3.11 billion, a price-to-earnings ratio of 9.96 and a beta of 0.21. The business’s fifty day moving average price is $50.62 and its 200 day moving average price is $50.16.

JPMorgan Municipal ETF Cuts Dividend

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

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.