Pine Valley Investments Ltd Liability Co Buys 1,833 Shares of JPMorgan Municipal ETF (BATS:JMUB)

Pine Valley Investments Ltd Liability Co grew its holdings in JPMorgan Municipal ETF (BATS:JMUB) by 23.5% in the fourth quarter, according to the company in its most recent 13F filing with the SEC. The institutional investor owned 9,629 shares of the company’s stock after buying an additional 1,833 shares during the quarter. Pine Valley Investments Ltd Liability Co’s holdings in JPMorgan Municipal ETF were worth $484,000 as of its most recent filing with the SEC.

A number of other hedge funds also recently made changes to their positions in JMUB. Fifth Third Securities Inc. increased its stake in JPMorgan Municipal ETF by 3.7% in the fourth quarter. Fifth Third Securities Inc. now owns 8,290 shares of the company’s stock valued at $416,000 after acquiring an additional 292 shares during the period. Stone Point Wealth LLC grew its stake in shares of JPMorgan Municipal ETF by 3.3% in the 3rd quarter. Stone Point Wealth LLC now owns 9,496 shares of the company’s stock valued at $487,000 after purchasing an additional 300 shares during the period. D Orazio & Associates Inc. grew its stake in shares of JPMorgan Municipal ETF by 6.6% in the 3rd quarter. D Orazio & Associates Inc. now owns 4,975 shares of the company’s stock valued at $255,000 after purchasing an additional 308 shares during the period. Walkner Condon Financial Advisors LLC raised its holdings in shares of JPMorgan Municipal ETF by 1.4% in the 4th quarter. Walkner Condon Financial Advisors LLC now owns 22,206 shares of the company’s stock worth $1,114,000 after buying an additional 313 shares in the last quarter. Finally, Meridian Financial LLC lifted its position in shares of JPMorgan Municipal ETF by 6.8% during the 4th quarter. Meridian Financial LLC now owns 5,938 shares of the company’s stock worth $298,000 after buying an additional 378 shares during the period.

JPMorgan Municipal ETF Stock Up 1.9 %

JPMorgan Municipal ETF stock opened at $50.73 on Thursday. The business’s 50-day moving average is $50.25 and its two-hundred day moving average is $50.63. The firm has a market capitalization of $1.41 billion, a price-to-earnings ratio of 10.19 and a beta of 0.08.

JPMorgan Municipal ETF Cuts Dividend

The firm also recently declared a dividend, which was paid on Wednesday, February 5th. Stockholders of record on Monday, February 3rd were given a dividend of $0.1299 per share. The ex-dividend date of this dividend 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.