D Orazio & Associates Inc. Has $255,000 Position in JPMorgan Municipal ETF (BATS:JMUB)

D Orazio & Associates Inc. grew its position in shares of JPMorgan Municipal ETF (BATS:JMUB) by 6.6% during the 3rd quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The firm owned 4,975 shares of the company’s stock after buying an additional 308 shares during the period. D Orazio & Associates Inc.’s holdings in JPMorgan Municipal ETF were worth $255,000 at the end of the most recent quarter.

A number of other hedge funds and other institutional investors also recently modified their holdings of JMUB. Raymond James Financial Services Advisors Inc. raised its stake in JPMorgan Municipal ETF by 205.9% in the 2nd quarter. Raymond James Financial Services Advisors Inc. now owns 853,485 shares of the company’s stock worth $42,994,000 after purchasing an additional 574,470 shares in the last quarter. Envestnet Asset Management Inc. raised its position in shares of JPMorgan Municipal ETF by 119.7% in the second quarter. Envestnet Asset Management Inc. now owns 650,088 shares of the company’s stock valued at $32,748,000 after buying an additional 354,185 shares in the last quarter. LPL Financial LLC boosted its stake in shares of JPMorgan Municipal ETF by 11.2% in the second quarter. LPL Financial LLC now owns 2,112,549 shares of the company’s stock valued at $106,420,000 after buying an additional 212,185 shares during the period. Signature Estate & Investment Advisors LLC bought a new stake in shares of JPMorgan Municipal ETF in the first quarter valued at approximately $7,483,000. Finally, Smith & Howard Wealth Management LLC grew its position in JPMorgan Municipal ETF by 70.3% during the second quarter. Smith & Howard Wealth Management LLC now owns 282,002 shares of the company’s stock worth $14,206,000 after buying an additional 116,432 shares in the last quarter.

JPMorgan Municipal ETF Stock Down 0.2 %

BATS JMUB traded down $0.11 during midday trading on Wednesday, hitting $50.42. The company had a trading volume of 431,817 shares. The business has a fifty day moving average of $50.87 and a 200-day moving average of $50.66. The stock has a market cap of $1.40 billion, a P/E ratio of 10.22 and a beta of 0.08.

JPMorgan Municipal ETF Increases Dividend

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