JPMorgan Municipal ETF (BATS:JMUB) Shares Purchased by LPL Financial LLC

Posted by James Conley on Mar 25th, 2025

LPL Financial LLC grew its position in shares of JPMorgan Municipal ETF (BATS:JMUB – Free Report) by 6.1% during the 4th quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The fund owned 2,659,326 shares of the company’s stock after purchasing an additional 152,578 shares during the period. LPL Financial LLC owned 9.58% of JPMorgan Municipal ETF worth $133,365,000 at the end of the most recent quarter.

A number of other hedge funds and other institutional investors have also modified their holdings of JMUB. 1620 Investment Advisors Inc. acquired a new position in JPMorgan Municipal ETF in the fourth quarter valued at $44,000. Sunbelt Securities Inc. grew its holdings in JPMorgan Municipal ETF by 208.0% in the 3rd quarter. Sunbelt Securities Inc. now owns 1,118 shares of the company’s stock valued at $57,000 after buying an additional 755 shares during the period. Allworth Financial LP acquired a new position in shares of JPMorgan Municipal ETF during the 4th quarter valued at about $77,000. Hollencrest Capital Management purchased a new position in shares of JPMorgan Municipal ETF during the 4th quarter worth about $138,000. Finally, Blue Investment Partners LLC acquired a new stake in shares of JPMorgan Municipal ETF in the third quarter worth approximately $203,000.

JPMorgan Municipal ETF Stock Performance

JPMorgan Municipal ETF stock opened at $50.06 on Tuesday. The company has a market cap of $2.42 billion, a price-to-earnings ratio of 10.21 and a beta of 0.20. JPMorgan Municipal ETF has a 1 year low of $49.76 and a 1 year high of $51.31. The firm has a 50 day moving average price of $50.31 and a 200 day moving average price of $50.55.

JPMorgan Municipal ETF Increases Dividend

The company also recently announced a dividend, which was paid on Wednesday, March 5th. Investors of record on Monday, March 3rd were given a $0.1429 dividend. This is a positive change from JPMorgan Municipal ETF’s previous dividend of $0.13. The ex-dividend date was Monday, March 3rd.

JPMorgan Municipal ETF Profile

(Free Report)

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.