Boston Standard Wealth Management LLC Makes New Investment in JPMorgan Municipal ETF (BATS:JMUB)

Boston Standard Wealth Management LLC bought a new stake in JPMorgan Municipal ETF (BATS:JMUB) in the fourth quarter, according to its most recent 13F filing with the Securities & Exchange Commission. The fund bought 6,627 shares of the company’s stock, valued at approximately $332,000.

Other institutional investors also recently made changes to their positions in the company. LPL Financial LLC lifted its position 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 valued at $128,521,000 after purchasing an additional 394,199 shares during the last quarter. Wealth Enhancement Advisory Services LLC raised its holdings in shares of JPMorgan Municipal ETF by 5.2% during the third quarter. Wealth Enhancement Advisory Services LLC now owns 768,550 shares of the company’s stock valued at $39,404,000 after buying an additional 38,001 shares during the last quarter. Rockefeller Capital Management L.P. boosted its position in shares of JPMorgan Municipal ETF by 3.0% during the third 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. CENTRAL TRUST Co grew its holdings in 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 in the last quarter. Finally, Asio Capital LLC increased its position in JPMorgan Municipal ETF by 11.8% in the 4th quarter. Asio Capital LLC now owns 518,525 shares of the company’s stock valued at $26,077,000 after acquiring an additional 54,823 shares during the period.

JPMorgan Municipal ETF Stock Up 1.1 %

Shares of JPMorgan Municipal ETF stock opened at $50.36 on Wednesday. The firm’s fifty day simple moving average is $50.38 and its two-hundred day simple moving average is $50.67. The company has a market cap of $1.40 billion, a P/E ratio of 10.22 and a beta of 0.08.

JPMorgan Municipal ETF Cuts Dividend

The business also recently disclosed a dividend, which will be paid on Wednesday, February 5th. Investors of record on Monday, February 3rd will be issued a $0.1299 dividend. The ex-dividend date of this dividend is Monday, February 3rd.

JPMorgan Municipal ETF 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.