High Net Worth Advisory Group LLC Sells 800 Shares of JPMorgan Municipal ETF (BATS:JMUB)

High Net Worth Advisory Group LLC cut its holdings in JPMorgan Municipal ETF (BATS:JMUB) by 7.8% during the 3rd quarter, according to its most recent disclosure with the Securities & Exchange Commission. The institutional investor owned 9,480 shares of the company’s stock after selling 800 shares during the quarter. High Net Worth Advisory Group LLC’s holdings in JPMorgan Municipal ETF were worth $486,000 at the end of the most recent reporting period.

Other hedge funds and other institutional investors have also recently bought and sold shares of the company. Western Wealth Management LLC grew its holdings in shares of JPMorgan Municipal ETF by 2.0% during the 2nd quarter. Western Wealth Management LLC now owns 10,992 shares of the company’s stock valued at $554,000 after purchasing an additional 217 shares during the last quarter. Financial Connections Group Inc. increased its holdings in shares of JPMorgan Municipal ETF by 1.7% during the first quarter. Financial Connections Group Inc. now owns 14,051 shares of the company’s stock worth $713,000 after buying an additional 235 shares in the last quarter. ERn Financial LLC lifted its stake in shares of JPMorgan Municipal ETF by 1.0% in the 2nd quarter. ERn Financial LLC now owns 33,037 shares of the company’s stock valued at $1,664,000 after acquiring an additional 316 shares during the last quarter. WealthCare Investment Partners LLC boosted its holdings in shares of JPMorgan Municipal ETF by 0.6% during the 3rd quarter. WealthCare Investment Partners LLC now owns 58,498 shares of the company’s stock valued at $2,979,000 after acquiring an additional 333 shares in the last quarter. Finally, Resonant Capital Advisors LLC boosted its holdings in shares of JPMorgan Municipal ETF by 0.6% during the 1st quarter. Resonant Capital Advisors LLC now owns 76,169 shares of the company’s stock valued at $3,865,000 after acquiring an additional 449 shares in the last quarter.

JPMorgan Municipal ETF Stock Up 0.0 %

Shares of JMUB stock opened at $50.86 on Monday. The firm has a market capitalization of $1.41 billion, a price-to-earnings ratio of 10.22 and a beta of 0.08. The company’s 50 day moving average price is $51.02 and its 200-day moving average price is $50.62.

JPMorgan Municipal ETF Increases Dividend

The firm also recently declared a dividend, which was paid on Thursday, September 5th. Stockholders of record on Tuesday, September 3rd were issued a dividend of $0.1506 per share. The ex-dividend date was Tuesday, September 3rd. This is a positive change from JPMorgan Municipal ETF’s previous dividend of $0.15.

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.