1900 Wealth Management LLC Acquires 35,603 Shares of JPMorgan Municipal ETF (BATS:JMUB)

1900 Wealth Management LLC boosted its holdings in JPMorgan Municipal ETF (BATS:JMUB) by 17.0% during the 4th quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The firm owned 244,485 shares of the company’s stock after buying an additional 35,603 shares during the period. JPMorgan Municipal ETF makes up about 1.0% of 1900 Wealth Management LLC’s investment portfolio, making the stock its 15th largest position. 1900 Wealth Management LLC’s holdings in JPMorgan Municipal ETF were worth $12,261,000 at the end of the most recent quarter.

A number of other large investors also recently modified their holdings of the business. Sunbelt Securities Inc. raised its stake in JPMorgan Municipal ETF by 208.0% during the 3rd quarter. Sunbelt Securities Inc. now owns 1,118 shares of the company’s stock valued at $57,000 after purchasing an additional 755 shares during the last quarter. Blue Investment Partners LLC acquired a new position in shares of JPMorgan Municipal ETF during the third quarter valued at about $203,000. Aptus Capital Advisors LLC lifted its stake in shares of JPMorgan Municipal ETF by 291.3% in the third quarter. Aptus Capital Advisors LLC now owns 4,026 shares of the company’s stock valued at $206,000 after buying an additional 2,997 shares during the period. Atria Investments Inc acquired a new stake in JPMorgan Municipal ETF during the third quarter worth about $208,000. Finally, Vawter Financial Ltd. acquired a new stake in JPMorgan Municipal ETF during the third quarter worth about $214,000.

JPMorgan Municipal ETF Stock Performance

JPMorgan Municipal ETF stock opened at $50.48 on Friday. The firm has a market cap of $1.40 billion, a PE ratio of 10.22 and a beta of 0.08. The firm has a 50 day moving average price of $50.36 and a 200 day moving average price of $50.67.

JPMorgan Municipal ETF Cuts Dividend

The company also recently announced a dividend, which was paid on Wednesday, February 5th. Investors of record on Monday, February 3rd were given a $0.1299 dividend. The ex-dividend date was Monday, February 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.