Collaborative Wealth Managment Inc. Has $593,000 Stock Holdings in JPMorgan Municipal ETF (BATS:JMUB)

Collaborative Wealth Managment Inc. lessened its holdings in JPMorgan Municipal ETF (BATS:JMUB) by 9.5% in the 4th quarter, according to its most recent disclosure with the Securities & Exchange Commission. The institutional investor owned 11,825 shares of the company’s stock after selling 1,241 shares during the period. Collaborative Wealth Managment Inc.’s holdings in JPMorgan Municipal ETF were worth $593,000 at the end of the most recent quarter.

Several other hedge funds have also recently added to or reduced their stakes in the business. Envestnet Portfolio Solutions Inc. increased its holdings in shares of JPMorgan Municipal ETF by 1.5% during the fourth quarter. Envestnet Portfolio Solutions Inc. now owns 14,114 shares of the company’s stock worth $708,000 after buying an additional 205 shares in the last quarter. Gryphon Financial Partners LLC increased its holdings in shares of JPMorgan Municipal ETF by 4.2% during the fourth quarter. Gryphon Financial Partners LLC now owns 6,045 shares of the company’s stock worth $303,000 after buying an additional 245 shares in the last quarter. Fifth Third Securities Inc. increased its holdings in shares of JPMorgan Municipal ETF by 3.7% during the fourth quarter. Fifth Third Securities Inc. now owns 8,290 shares of the company’s stock worth $416,000 after buying an additional 292 shares in the last quarter. Walkner Condon Financial Advisors LLC increased its holdings in shares of JPMorgan Municipal ETF by 1.4% during the fourth quarter. Walkner Condon Financial Advisors LLC now owns 22,206 shares of the company’s stock worth $1,114,000 after buying an additional 313 shares in the last quarter. Finally, Meridian Financial LLC increased its holdings in shares of JPMorgan Municipal ETF by 6.8% during the fourth quarter. Meridian Financial LLC now owns 5,938 shares of the company’s stock worth $298,000 after buying an additional 378 shares in the last quarter.

JPMorgan Municipal ETF Trading Up 0.7 %

BATS JMUB opened at $50.13 on Friday. The firm has a market cap of $2.42 billion, a price-to-earnings ratio of 10.21 and a beta of 0.20. The company has a 50 day moving average of $50.30 and a 200-day moving average of $50.58. JPMorgan Municipal ETF has a 1-year low of $49.76 and a 1-year high of $51.31.

JPMorgan Municipal ETF Increases Dividend

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

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.