JFS Wealth Advisors LLC Purchases 43,308 Shares of JPMorgan Municipal ETF $JMUB

JFS Wealth Advisors LLC grew its position in JPMorgan Municipal ETF (BATS:JMUB) by 263.4% during the 3rd quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The firm owned 59,753 shares of the company’s stock after acquiring an additional 43,308 shares during the quarter. JFS Wealth Advisors LLC owned about 0.10% of JPMorgan Municipal ETF worth $3,016,000 at the end of the most recent reporting period.

Other large investors have also recently made changes to their positions in the company. Avantax Advisory Services Inc. raised its position in JPMorgan Municipal ETF by 2,438.3% in the 2nd quarter. Avantax Advisory Services Inc. now owns 897,843 shares of the company’s stock worth $44,569,000 after purchasing an additional 862,471 shares during the period. Bank of America Corp DE grew its stake in shares of JPMorgan Municipal ETF by 152.3% during the second quarter. Bank of America Corp DE now owns 1,101,672 shares of the company’s stock valued at $54,687,000 after buying an additional 665,100 shares during the last quarter. Wealth Enhancement Advisory Services LLC raised its holdings in shares of JPMorgan Municipal ETF by 33.8% in the third quarter. Wealth Enhancement Advisory Services LLC now owns 2,540,890 shares of the company’s stock worth $128,035,000 after buying an additional 641,736 shares during the period. Avantax Planning Partners Inc. raised its holdings in shares of JPMorgan Municipal ETF by 88.8% in the third quarter. Avantax Planning Partners Inc. now owns 1,160,184 shares of the company’s stock worth $58,554,000 after buying an additional 545,783 shares during the period. Finally, Lebenthal Global Advisors LLC bought a new stake in shares of JPMorgan Municipal ETF during the 3rd quarter worth approximately $23,839,000.

JPMorgan Municipal ETF Price Performance

Shares of JPMorgan Municipal ETF stock opened at $51.17 on Wednesday. JPMorgan Municipal ETF has a 52 week low of $47.95 and a 52 week high of $51.22. The company has a market capitalization of $3.14 billion, a PE ratio of 9.96 and a beta of 0.21. The stock’s fifty day moving average is $50.78 and its two-hundred day moving average is $50.49.

JPMorgan Municipal ETF Cuts Dividend

The business also recently declared a monthly dividend, which was paid on Wednesday, February 4th. Investors of record on Monday, February 2nd were paid a $0.1414 dividend. This represents a c) annualized dividend and a yield of 3.3%. The ex-dividend date of this dividend was Monday, February 2nd.

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.