Vicus Capital Has $3.48 Million Position in JPMorgan Municipal ETF (BATS:JMUB)

Vicus Capital lifted its holdings in shares of JPMorgan Municipal ETF (BATS:JMUB) by 1.1% during the 4th quarter, according to the company in its most recent filing with the Securities and Exchange Commission (SEC). The institutional investor owned 69,318 shares of the company’s stock after purchasing an additional 783 shares during the period. Vicus Capital owned 0.25% of JPMorgan Municipal ETF worth $3,476,000 at the end of the most recent reporting period.

A number of other institutional investors have also added to or reduced their stakes in the company. Sanctuary Advisors LLC bought a new position in JPMorgan Municipal ETF during the second quarter valued at $342,000. Cornerstone Wealth Management LLC increased its holdings in shares of JPMorgan Municipal ETF by 11.4% in the third quarter. Cornerstone Wealth Management LLC now owns 160,317 shares of the company’s stock worth $8,219,000 after buying an additional 16,443 shares during the period. Naviter Wealth LLC grew its stake in shares of JPMorgan Municipal ETF by 36.0% in the third quarter. Naviter Wealth LLC now owns 45,351 shares of the company’s stock worth $2,325,000 after purchasing an additional 12,008 shares during the last quarter. Summit Financial Strategies Inc. grew its stake in shares of JPMorgan Municipal ETF by 13.3% in the third quarter. Summit Financial Strategies Inc. now owns 81,909 shares of the company’s stock worth $4,199,000 after purchasing an additional 9,644 shares during the last quarter. Finally, Good Life Advisors LLC boosted its position in JPMorgan Municipal ETF by 9.7% during the 3rd quarter. Good Life Advisors LLC now owns 16,552 shares of the company’s stock valued at $849,000 after acquiring an additional 1,464 shares in the last quarter.

JPMorgan Municipal ETF Stock Performance

Shares of JMUB opened at $50.26 on Friday. The company has a market cap of $1.39 billion, a PE ratio of 10.22 and a beta of 0.08. The stock has a 50 day moving average of $50.31 and a 200 day moving average of $50.66.

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 issued a $0.1299 dividend. The ex-dividend date was Monday, February 3rd.

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.