Mather Group LLC. Grows Stock Holdings in JPMorgan Municipal ETF $JMUB

Mather Group LLC. boosted its stake in JPMorgan Municipal ETF (BATS:JMUB) by 7.1% in the 4th quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The institutional investor owned 454,649 shares of the company’s stock after purchasing an additional 30,238 shares during the period. Mather Group LLC. owned approximately 0.74% of JPMorgan Municipal ETF worth $22,960,000 at the end of the most recent reporting period.

Several other large investors also recently bought and sold shares of the company. Goodman Advisory Group LLC acquired a new stake in shares of JPMorgan Municipal ETF during the third quarter valued at about $37,000. Franklin Resources Inc. bought a new stake in shares of JPMorgan Municipal ETF in the 3rd quarter valued at approximately $41,000. Archer Investment Corp bought a new stake in JPMorgan Municipal ETF during the third quarter valued at $58,000. Fifth Third Bancorp bought a new stake in shares of JPMorgan Municipal ETF during the 3rd quarter valued at about $61,000. Finally, Imprint Wealth LLC acquired a new stake in shares of JPMorgan Municipal ETF during the 3rd quarter worth approximately $63,000.

JPMorgan Municipal ETF Price Performance

Shares of BATS JMUB opened at $49.88 on Friday. JPMorgan Municipal ETF has a 1-year low of $47.95 and a 1-year high of $51.34. The business’s fifty day moving average price is $50.76 and its two-hundred day moving average price is $50.64. The firm has a market capitalization of $3.06 billion, a PE ratio of 9.96 and a beta of 0.21.

JPMorgan Municipal ETF Increases Dividend

The company also recently declared a monthly dividend, which was paid on Wednesday, March 4th. Shareholders of record on Monday, March 2nd were paid a $0.1538 dividend. The ex-dividend date was Monday, March 2nd. This is an increase from JPMorgan Municipal ETF’s previous monthly dividend of $0.14. This represents a c) annualized dividend and a dividend yield of 3.7%.

JPMorgan Municipal ETF Company 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.