JPMorgan Municipal ETF $JMUB Shares Purchased by CFO4Life Group LLC

CFO4Life Group LLC grew its position in JPMorgan Municipal ETF (BATS:JMUB) by 6.9% in the third quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The firm owned 330,165 shares of the company’s stock after acquiring an additional 21,245 shares during the period. JPMorgan Municipal ETF comprises about 2.4% of CFO4Life Group LLC’s portfolio, making the stock its 9th largest holding. CFO4Life Group LLC owned 0.54% of JPMorgan Municipal ETF worth $16,663,000 at the end of the most recent reporting period.

A number of other institutional investors and hedge funds also recently modified their holdings of the company. Financial Gravity Companies Inc. acquired a new stake in JPMorgan Municipal ETF in the 2nd quarter valued at about $28,000. Briaud Financial Planning Inc bought a new stake in JPMorgan Municipal ETF in the second quarter valued at approximately $48,000. Archer Investment Corp acquired a new stake in shares of JPMorgan Municipal ETF in the third quarter valued at approximately $58,000. Fifth Third Bancorp acquired a new stake in shares of JPMorgan Municipal ETF in the third quarter valued at approximately $61,000. Finally, Cape Investment Advisory Inc. boosted 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.

JPMorgan Municipal ETF Stock Performance

JMUB stock opened at $51.09 on Thursday. JPMorgan Municipal ETF has a 1-year low of $47.95 and a 1-year high of $51.12. The business’s 50 day simple moving average is $50.73 and its 200 day simple moving average is $50.43. The firm has a market capitalization of $3.13 billion, a PE ratio of 9.96 and a beta of 0.21.

JPMorgan Municipal ETF Cuts Dividend

The business also recently disclosed a monthly dividend, which was paid on Wednesday, February 4th. Shareholders of record on Monday, February 2nd were issued a $0.1414 dividend. This represents a c) annualized dividend 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.