Kestra Private Wealth Services LLC Acquires 29,880 Shares of JPMorgan Municipal ETF (BATS:JMUB)

Kestra Private Wealth Services LLC grew its stake in shares of JPMorgan Municipal ETF (BATS:JMUB) by 15.0% during the fourth quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The fund owned 229,236 shares of the company’s stock after buying an additional 29,880 shares during the quarter. Kestra Private Wealth Services LLC’s holdings in JPMorgan Municipal ETF were worth $11,682,000 at the end of the most recent quarter.

Several other large investors have also recently modified their holdings of JMUB. Bond & Devick Financial Network Inc. grew its position in JPMorgan Municipal ETF by 4.6% during the 4th quarter. Bond & Devick Financial Network Inc. now owns 6,197 shares of the company’s stock worth $316,000 after acquiring an additional 274 shares during the last quarter. Kooman & Associates grew its holdings in JPMorgan Municipal ETF by 1.0% in the 3rd quarter. Kooman & Associates now owns 36,438 shares of the company’s stock worth $1,763,000 after acquiring an additional 345 shares during the last quarter. Mariner LLC increased its position in shares of JPMorgan Municipal ETF by 3.9% in the third quarter. Mariner LLC now owns 10,355 shares of the company’s stock valued at $501,000 after acquiring an additional 385 shares during the period. Vicus Capital raised its stake in shares of JPMorgan Municipal ETF by 0.7% during the fourth quarter. Vicus Capital now owns 57,334 shares of the company’s stock valued at $2,922,000 after acquiring an additional 422 shares during the last quarter. Finally, Cornerstone Wealth Management LLC boosted its holdings in shares of JPMorgan Municipal ETF by 0.4% during the third quarter. Cornerstone Wealth Management LLC now owns 123,983 shares of the company’s stock worth $5,997,000 after purchasing an additional 477 shares during the period.

JPMorgan Municipal ETF Stock Performance

Shares of BATS JMUB traded up $0.05 during trading hours on Monday, hitting $50.20. The company’s stock had a trading volume of 103,228 shares. The stock has a 50 day moving average price of $50.54 and a 200-day moving average price of $50.15. The stock has a market capitalization of $1.33 billion, a PE ratio of 10.19 and a beta of 0.07.

JPMorgan Municipal ETF Increases Dividend

The firm also recently announced a dividend, which was paid on Thursday, April 4th. Stockholders of record on Tuesday, April 2nd were paid a dividend of $0.1449 per share. The ex-dividend date was Monday, April 1st. This is a boost from JPMorgan Municipal ETF’s previous dividend of $0.14.

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.