Oak Hill Wealth Advisors LLC Purchases Shares of 6,562 JPMorgan Municipal ETF (BATS:JMUB)

Oak Hill Wealth Advisors LLC bought a new position in shares of JPMorgan Municipal ETF (BATS:JMUB) in the fourth quarter, according to the company in its most recent filing with the SEC. The fund bought 6,562 shares of the company’s stock, valued at approximately $329,000.

Several other institutional investors also recently bought and sold shares of JMUB. Sunbelt Securities Inc. raised its position in JPMorgan Municipal ETF by 208.0% in the third 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 period. Allworth Financial LP acquired a new position in JPMorgan Municipal ETF during the 4th quarter worth approximately $77,000. Blue Investment Partners LLC purchased a new position in JPMorgan Municipal ETF in the 3rd quarter worth approximately $203,000. Aptus Capital Advisors LLC boosted its holdings 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 worth $206,000 after acquiring an additional 2,997 shares during the period. Finally, Atria Investments Inc acquired a new stake in JPMorgan Municipal ETF in the third quarter valued at approximately $208,000.

JPMorgan Municipal ETF Trading Up 1.1 %

BATS JMUB opened at $50.37 on Friday. The stock has a market cap of $1.40 billion, a P/E ratio of 10.19 and a beta of 0.08. The company’s fifty day simple moving average is $50.30 and its 200-day simple moving average is $50.61. JPMorgan Municipal ETF has a 52 week low of $49.76 and a 52 week high of $51.31.

JPMorgan Municipal ETF Increases Dividend

The company also recently disclosed a dividend, which was paid on Wednesday, March 5th. Shareholders of record on Monday, March 3rd were issued a $0.1429 dividend. The ex-dividend date of this dividend was Monday, March 3rd. This is a positive change from JPMorgan Municipal ETF’s previous dividend of $0.13.

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.