Aveo Capital Partners LLC Sells 11,461 Shares of JPMorgan Municipal ETF (BATS:JMUB)

Aveo Capital Partners LLC lessened its position in shares of JPMorgan Municipal ETF (BATS:JMUB) by 4.3% in the fourth quarter, according to its most recent disclosure with the Securities & Exchange Commission. The fund owned 256,078 shares of the company’s stock after selling 11,461 shares during the period. JPMorgan Municipal ETF accounts for 1.4% of Aveo Capital Partners LLC’s holdings, making the stock its 14th biggest holding. Aveo Capital Partners LLC owned about 0.92% of JPMorgan Municipal ETF worth $12,842,000 at the end of the most recent reporting period.

A number of other large investors have also bought and sold shares of the stock. Vicus Capital boosted its holdings in JPMorgan Municipal ETF by 1.1% during the fourth quarter. Vicus Capital now owns 69,318 shares of the company’s stock worth $3,476,000 after purchasing an additional 783 shares during the last quarter. Walkner Condon Financial Advisors LLC grew its stake in JPMorgan Municipal ETF by 1.4% in the 4th quarter. Walkner Condon Financial Advisors LLC now owns 22,206 shares of the company’s stock worth $1,114,000 after buying an additional 313 shares in the last quarter. Diversified Portfolios Inc. boosted its stake in shares of JPMorgan Municipal ETF by 12.2% in the 4th quarter. Diversified Portfolios Inc. now owns 123,690 shares of the company’s stock valued at $6,203,000 after purchasing an additional 13,430 shares in the last quarter. Financial Connections Group Inc. boosted its position in JPMorgan Municipal ETF by 27.9% during the 4th quarter. Financial Connections Group Inc. now owns 41,961 shares of the company’s stock valued at $2,104,000 after buying an additional 9,162 shares during the period. Finally, Opal Wealth Advisors LLC boosted its position in JPMorgan Municipal ETF by 11.5% during the 4th quarter. Opal Wealth Advisors LLC now owns 259,834 shares of the company’s stock valued at $13,031,000 after buying an additional 26,756 shares during the period.

JPMorgan Municipal ETF Stock Performance

Shares of JPMorgan Municipal ETF stock opened at $50.35 on Friday. The stock has a 50-day simple moving average of $50.29 and a 200-day simple moving average of $50.66. The company has a market cap of $1.40 billion, a price-to-earnings ratio of 10.22 and a beta of 0.08.

JPMorgan Municipal ETF Cuts Dividend

The company also recently announced a dividend, which was paid on Wednesday, February 5th. Shareholders of record on Monday, February 3rd were given a $0.1299 dividend. The ex-dividend date was 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.