Good Life Advisors LLC Raises Holdings in JPMorgan Municipal ETF (BATS:JMUB)

Good Life Advisors LLC boosted its holdings in shares of JPMorgan Municipal ETF (BATS:JMUB) by 20.8% in the 4th quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The fund owned 19,998 shares of the company’s stock after acquiring an additional 3,446 shares during the quarter. Good Life Advisors LLC owned about 0.07% of JPMorgan Municipal ETF worth $1,003,000 at the end of the most recent quarter.

A number of other institutional investors and hedge funds also recently added to or reduced their stakes in the business. Raymond James & Associates raised its holdings in JPMorgan Municipal ETF by 40.1% in the 3rd quarter. Raymond James & Associates now owns 404,255 shares of the company’s stock valued at $20,726,000 after buying an additional 115,690 shares during the period. Private Advisor Group LLC raised its stake in shares of JPMorgan Municipal ETF by 5.0% in the 3rd quarter. Private Advisor Group LLC now owns 87,635 shares of the company’s stock valued at $4,493,000 after acquiring an additional 4,181 shares during the period. Syntegra Private Wealth Group LLC lifted its holdings in shares of JPMorgan Municipal ETF by 30.1% in the 3rd quarter. Syntegra Private Wealth Group LLC now owns 219,384 shares of the company’s stock worth $11,248,000 after acquiring an additional 50,779 shares during the last quarter. Hennion & Walsh Asset Management Inc. lifted its holdings in shares of JPMorgan Municipal ETF by 2.3% in the 3rd quarter. Hennion & Walsh Asset Management Inc. now owns 51,857 shares of the company’s stock worth $2,659,000 after acquiring an additional 1,144 shares during the last quarter. Finally, CENTRAL TRUST Co boosted its position in shares of JPMorgan Municipal ETF by 16.9% during the 3rd quarter. CENTRAL TRUST Co now owns 528,251 shares of the company’s stock worth $27,083,000 after purchasing an additional 76,259 shares during the period.

JPMorgan Municipal ETF Trading Up 1.1 %

Shares of BATS JMUB opened at $50.34 on Thursday. The firm has a 50-day moving average price of $50.26 and a 200 day moving average price of $50.64. The stock has a market capitalization of $1.40 billion, a price-to-earnings ratio of 10.19 and a beta of 0.08.

JPMorgan Municipal ETF Cuts Dividend

The company also recently disclosed 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.

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.