Landmark Wealth Management LLC Boosts Stock Holdings in JPMorgan Municipal ETF (BATS:JMUB)

Landmark Wealth Management LLC lifted its stake in JPMorgan Municipal ETF (BATS:JMUB) by 4.2% during the 4th quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The firm owned 74,576 shares of the company’s stock after buying an additional 3,012 shares during the period. JPMorgan Municipal ETF makes up approximately 1.7% of Landmark Wealth Management LLC’s holdings, making the stock its 19th largest holding. Landmark Wealth Management LLC owned about 0.27% of JPMorgan Municipal ETF worth $3,740,000 as of its most recent SEC filing.

A number of other hedge funds and other institutional investors also recently modified their holdings of JMUB. LPL Financial LLC increased its stake in JPMorgan Municipal ETF by 18.7% in the 3rd quarter. LPL Financial LLC now owns 2,506,748 shares of the company’s stock worth $128,521,000 after purchasing an additional 394,199 shares during the period. Northwestern Mutual Wealth Management Co. increased its holdings in JPMorgan Municipal ETF by 9.1% during the 2nd quarter. Northwestern Mutual Wealth Management Co. now owns 1,130,986 shares of the company’s stock valued at $56,973,000 after purchasing an additional 94,579 shares during the period. Wealth Enhancement Advisory Services LLC raised its position in JPMorgan Municipal ETF by 5.2% during the 3rd quarter. Wealth Enhancement Advisory Services LLC now owns 768,550 shares of the company’s stock valued at $39,404,000 after purchasing an additional 38,001 shares during the last quarter. Rockefeller Capital Management L.P. lifted its holdings in JPMorgan Municipal ETF by 3.0% in the 3rd quarter. Rockefeller Capital Management L.P. now owns 578,149 shares of the company’s stock worth $29,640,000 after buying an additional 16,794 shares during the period. Finally, CENTRAL TRUST Co grew its position in shares of JPMorgan Municipal ETF by 16.9% in the 3rd quarter. CENTRAL TRUST Co now owns 528,251 shares of the company’s stock worth $27,083,000 after buying an additional 76,259 shares during the last quarter.

JPMorgan Municipal ETF Stock Performance

Shares of JPMorgan Municipal ETF stock opened at $50.39 on Tuesday. The company’s 50 day simple moving average is $50.41 and its 200 day simple moving average is $50.69. The company has a market capitalization of $1.40 billion, a P/E ratio of 10.22 and a beta of 0.08.

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.