Dynamic Advisor Solutions LLC Has $652,000 Holdings in JPMorgan Municipal ETF (BATS:JMUB)

Dynamic Advisor Solutions LLC decreased its stake in shares of JPMorgan Municipal ETF (BATS:JMUB) by 13.4% in the 4th quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The institutional investor owned 13,004 shares of the company’s stock after selling 2,015 shares during the period. Dynamic Advisor Solutions LLC’s holdings in JPMorgan Municipal ETF were worth $652,000 at the end of the most recent quarter.

Other institutional investors have also added to or reduced their stakes in the company. Thrivent Financial for Lutherans raised its position in JPMorgan Municipal ETF by 15.5% in the 2nd quarter. Thrivent Financial for Lutherans now owns 29,229 shares of the company’s stock valued at $1,473,000 after buying an additional 3,923 shares during the last quarter. Northwestern Mutual Wealth Management Co. raised its holdings in shares of JPMorgan Municipal ETF by 9.1% in the second quarter. Northwestern Mutual Wealth Management Co. now owns 1,130,986 shares of the company’s stock valued at $56,973,000 after purchasing an additional 94,579 shares during the last quarter. NewEdge Advisors LLC lifted its position in shares of JPMorgan Municipal ETF by 21.0% in the second quarter. NewEdge Advisors LLC now owns 28,626 shares of the company’s stock worth $1,442,000 after purchasing an additional 4,963 shares in the last quarter. Truist Financial Corp lifted its position in shares of JPMorgan Municipal ETF by 4.8% in the second quarter. Truist Financial Corp now owns 358,083 shares of the company’s stock worth $18,038,000 after purchasing an additional 16,539 shares in the last quarter. Finally, Cetera Investment Advisers boosted its holdings in JPMorgan Municipal ETF by 59.9% during the second quarter. Cetera Investment Advisers now owns 114,602 shares of the company’s stock worth $5,773,000 after purchasing an additional 42,929 shares during the last quarter.

JPMorgan Municipal ETF Stock Up 1.2 %

Shares of JMUB stock opened at $50.39 on Tuesday. The company has a 50-day simple moving average of $50.41 and a two-hundred day simple moving average of $50.69. The firm has a market cap of $1.40 billion, a price-to-earnings ratio of 10.22 and a beta of 0.08.

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.