OneDigital Investment Advisors LLC Raises Holdings in JPMorgan Municipal ETF $JMUB

OneDigital Investment Advisors LLC increased its position in shares of JPMorgan Municipal ETF (BATS:JMUB) by 259.4% during the 3rd quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The firm owned 124,895 shares of the company’s stock after buying an additional 90,145 shares during the period. OneDigital Investment Advisors LLC owned about 0.20% of JPMorgan Municipal ETF worth $6,303,000 at the end of the most recent quarter.

Several other institutional investors and hedge funds have also recently made changes to their positions in JMUB. Spire Wealth Management lifted its position in shares of JPMorgan Municipal ETF by 28,330.0% in the 2nd quarter. Spire Wealth Management now owns 5,686 shares of the company’s stock worth $282,000 after purchasing an additional 5,666 shares during the period. Baron Silver Stevens Financial Advisors LLC raised its stake in JPMorgan Municipal ETF by 33.7% in the third quarter. Baron Silver Stevens Financial Advisors LLC now owns 195,290 shares of the company’s stock worth $9,856,000 after buying an additional 49,188 shares in the last quarter. Farther Finance Advisors LLC raised its stake in JPMorgan Municipal ETF by 86.3% in the third quarter. Farther Finance Advisors LLC now owns 28,104 shares of the company’s stock worth $1,418,000 after buying an additional 13,021 shares in the last quarter. Bay Colony Advisory Group Inc d b a Bay Colony Advisors purchased a new stake in JPMorgan Municipal ETF during the third quarter worth $616,000. Finally, Baker Tilly Wealth Management LLC boosted its position in JPMorgan Municipal ETF by 14.2% during the 3rd quarter. Baker Tilly Wealth Management LLC now owns 112,158 shares of the company’s stock valued at $5,661,000 after acquiring an additional 13,929 shares in the last quarter.

JPMorgan Municipal ETF Trading Up 0.0%

Shares of BATS:JMUB opened at $51.13 on Monday. The company has a market capitalization of $3.14 billion, a PE ratio of 9.96 and a beta of 0.21. JPMorgan Municipal ETF has a 12-month low of $47.95 and a 12-month high of $51.14. The business’s fifty day simple moving average is $50.75 and its 200-day simple moving average is $50.46.

JPMorgan Municipal ETF Cuts Dividend

The company also recently announced a monthly dividend, which was paid on Wednesday, February 4th. Shareholders of record on Monday, February 2nd were issued a $0.1414 dividend. The ex-dividend date was Monday, February 2nd. This represents a c) dividend on an annualized basis and a yield of 3.3%.

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.