Kingsview Wealth Management LLC Increases Stock Position in JPMorgan Municipal ETF (BATS:JMUB)

Kingsview Wealth Management LLC lifted its holdings in shares of JPMorgan Municipal ETF (BATS:JMUB) by 15.7% in the third quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The institutional investor owned 16,139 shares of the company’s stock after buying an additional 2,184 shares during the period. Kingsview Wealth Management LLC owned about 0.06% of JPMorgan Municipal ETF worth $827,000 at the end of the most recent reporting period.

Several other hedge funds have also modified their holdings of the business. Financial Gravity Asset Management Inc. purchased a new stake in JPMorgan Municipal ETF during the second quarter worth about $58,000. ICA Group Wealth Management LLC boosted its stake in shares of JPMorgan Municipal ETF by 62.9% during the 2nd quarter. ICA Group Wealth Management LLC now owns 1,165 shares of the company’s stock worth $59,000 after acquiring an additional 450 shares in the last quarter. EverSource Wealth Advisors LLC acquired a new stake in shares of JPMorgan Municipal ETF in the 1st quarter worth approximately $85,000. Aptus Capital Advisors LLC increased its stake in JPMorgan Municipal ETF by 291.3% in the 3rd quarter. Aptus Capital Advisors LLC now owns 4,026 shares of the company’s stock valued at $206,000 after purchasing an additional 2,997 shares in the last quarter. Finally, Atria Investments Inc acquired a new position in JPMorgan Municipal ETF during the third quarter worth $208,000.

JPMorgan Municipal ETF Price Performance

JPMorgan Municipal ETF stock opened at $50.89 on Thursday. The firm has a market capitalization of $1.41 billion, a price-to-earnings ratio of 10.22 and a beta of 0.08. The firm has a fifty day moving average price of $50.75 and a two-hundred day moving average price of $50.68.

JPMorgan Municipal ETF Increases Dividend

The firm also recently disclosed a dividend, which was paid on Thursday, September 5th. Investors of record on Tuesday, September 3rd were paid a $0.1506 dividend. This is a boost from JPMorgan Municipal ETF’s previous dividend of $0.15. The ex-dividend date was Tuesday, September 3rd.

JPMorgan Municipal ETF Company 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.