162,986 Shares in JPMorgan Municipal ETF (BATS:JMUB) Bought by Huntington National Bank

Huntington National Bank acquired a new stake in shares of JPMorgan Municipal ETF (BATS:JMUB) during the 4th quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The firm acquired 162,986 shares of the company’s stock, valued at approximately $8,174,000. Huntington National Bank owned approximately 0.59% of JPMorgan Municipal ETF as of its most recent SEC filing.

Several other institutional investors have also modified their holdings of JMUB. Raymond James Financial Inc. purchased a new position in JPMorgan Municipal ETF in the 4th quarter valued at about $63,229,000. Bailard Inc. acquired a new position in shares of JPMorgan Municipal ETF during the fourth quarter valued at approximately $36,907,000. TIAA Trust National Association purchased a new position in shares of JPMorgan Municipal ETF in the fourth quarter valued at approximately $34,248,000. HighTower Advisors LLC boosted its stake in shares of JPMorgan Municipal ETF by 147.4% in the fourth quarter. HighTower Advisors LLC now owns 999,722 shares of the company’s stock worth $50,136,000 after acquiring an additional 595,710 shares during the last quarter. Finally, Wealthfront Advisers LLC purchased a new stake in shares of JPMorgan Municipal ETF during the fourth quarter worth approximately $29,718,000.

JPMorgan Municipal ETF Stock Performance

BATS JMUB opened at $49.94 on Thursday. The business has a fifty day moving average price of $50.29 and a 200 day moving average price of $50.49. The company has a market cap of $2.51 billion, a P/E ratio of 10.15 and a beta of 0.20. JPMorgan Municipal ETF has a one year low of $49.68 and a one year high of $51.31.

JPMorgan Municipal ETF Increases Dividend

The firm also recently declared a dividend, which was paid on Wednesday, March 5th. Stockholders of record on Monday, March 3rd were paid a $0.1429 dividend. This is an increase from JPMorgan Municipal ETF’s previous dividend of $0.13. The ex-dividend date was Monday, March 3rd.

About JPMorgan Municipal ETF

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.