Kooman & Associates Grows Position in JPMorgan Municipal ETF (BATS:JMUB)

Kooman & Associates boosted its stake in shares of JPMorgan Municipal ETF (BATS:JMUB) by 1.6% in the 3rd quarter, according to its most recent disclosure with the SEC. The institutional investor owned 32,321 shares of the company’s stock after acquiring an additional 495 shares during the period. JPMorgan Municipal ETF accounts for 0.6% of Kooman & Associates’ portfolio, making the stock its 13th largest holding. Kooman & Associates owned approximately 0.12% of JPMorgan Municipal ETF worth $1,657,000 as of its most recent filing with the SEC.

A number of other institutional investors and hedge funds also recently bought and sold shares of JMUB. Western Wealth Management LLC raised its holdings in shares of JPMorgan Municipal ETF by 2.0% during the 2nd quarter. Western Wealth Management LLC now owns 10,992 shares of the company’s stock worth $554,000 after acquiring an additional 217 shares in the last quarter. Financial Connections Group Inc. increased its position in JPMorgan Municipal ETF by 1.7% in the first quarter. Financial Connections Group Inc. now owns 14,051 shares of the company’s stock worth $713,000 after purchasing an additional 235 shares during the last quarter. ERn Financial LLC raised its stake in JPMorgan Municipal ETF by 1.0% during the second quarter. ERn Financial LLC now owns 33,037 shares of the company’s stock valued at $1,664,000 after purchasing an additional 316 shares in the last quarter. WealthCare Investment Partners LLC lifted its position in JPMorgan Municipal ETF by 0.6% during the third quarter. WealthCare Investment Partners LLC now owns 58,498 shares of the company’s stock valued at $2,979,000 after purchasing an additional 333 shares during the last quarter. Finally, Mason & Associates Inc grew its position in JPMorgan Municipal ETF by 1.1% in the third quarter. Mason & Associates Inc now owns 32,486 shares of the company’s stock worth $1,666,000 after acquiring an additional 343 shares in the last quarter.

JPMorgan Municipal ETF Trading Up 0.1 %

Shares of JPMorgan Municipal ETF stock opened at $50.50 on Friday. The stock has a market cap of $1.40 billion, a PE ratio of 10.22 and a beta of 0.08. The business has a 50 day moving average of $50.98 and a 200 day moving average of $50.63.

JPMorgan Municipal ETF Increases Dividend

The company also recently disclosed a dividend, which was paid on Thursday, September 5th. Shareholders of record on Tuesday, September 3rd were paid a dividend of $0.1506 per share. This is a positive change from JPMorgan Municipal ETF’s previous dividend of $0.15. The ex-dividend date of this dividend was Tuesday, September 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.