20,510 Shares in JPMorgan Municipal ETF (BATS:JMUB) Bought by Dorsey & Whitney Trust CO LLC

Dorsey & Whitney Trust CO LLC bought a new position in shares of JPMorgan Municipal ETF (BATS:JMUB) during the 4th quarter, according to its most recent 13F filing with the SEC. The fund bought 20,510 shares of the company’s stock, valued at approximately $1,029,000. Dorsey & Whitney Trust CO LLC owned about 0.07% of JPMorgan Municipal ETF at the end of the most recent reporting period.

Several other institutional investors and hedge funds have also recently added to or reduced their stakes in JMUB. Sanctuary Advisors LLC grew its stake in JPMorgan Municipal ETF by 33.3% during the 3rd quarter. Sanctuary Advisors LLC now owns 9,094 shares of the company’s stock valued at $460,000 after purchasing an additional 2,272 shares during the last quarter. Atria Investments Inc purchased a new stake in JPMorgan Municipal ETF during the 3rd quarter valued at about $208,000. Cahill Financial Advisors Inc. purchased a new stake in JPMorgan Municipal ETF during the 3rd quarter valued at about $267,000. Stratos Wealth Partners LTD. grew its stake in JPMorgan Municipal ETF by 7.6% during the 4th quarter. Stratos Wealth Partners LTD. now owns 6,934 shares of the company’s stock valued at $348,000 after purchasing an additional 490 shares during the last quarter. Finally, Jane Street Group LLC grew its stake in JPMorgan Municipal ETF by 95.9% during the 3rd quarter. Jane Street Group LLC now owns 30,946 shares of the company’s stock valued at $1,587,000 after purchasing an additional 15,146 shares during the last quarter.

JPMorgan Municipal ETF Stock Performance

JPMorgan Municipal ETF stock opened at $50.37 on Monday. The business’s 50-day simple moving average is $50.30 and its two-hundred day simple moving average is $50.61. The company has a market cap of $2.44 billion, a PE ratio of 10.21 and a beta of 0.20. JPMorgan Municipal ETF has a fifty-two week low of $49.76 and a fifty-two week high of $51.31.

JPMorgan Municipal ETF Increases Dividend

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

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.