OMNI 360 Wealth Inc. Purchases Shares of 4,575 JPMorgan Municipal ETF (BATS:JMUB)

OMNI 360 Wealth Inc. acquired a new position in shares of JPMorgan Municipal ETF (BATS:JMUB) in the third quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The firm acquired 4,575 shares of the company’s stock, valued at approximately $235,000.

Several other institutional investors have also recently modified their holdings of JMUB. Raymond James Financial Services Advisors Inc. lifted its holdings 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 valued at $42,994,000 after purchasing an additional 574,470 shares in the last quarter. Envestnet Asset Management Inc. lifted its stake in shares of JPMorgan Municipal ETF by 119.7% during the 2nd quarter. Envestnet Asset Management Inc. now owns 650,088 shares of the company’s stock worth $32,748,000 after purchasing an additional 354,185 shares during the period. LPL Financial LLC boosted its holdings in shares of JPMorgan Municipal ETF by 11.2% during the second quarter. LPL Financial LLC now owns 2,112,549 shares of the company’s stock worth $106,420,000 after purchasing an additional 212,185 shares during the last quarter. FORVIS Wealth Advisors LLC lifted its position in JPMorgan Municipal ETF by 40.5% during the first quarter. FORVIS Wealth Advisors LLC now owns 727,190 shares of the company’s stock worth $36,898,000 after buying an additional 209,487 shares during the period. Finally, Signature Estate & Investment Advisors LLC acquired a new stake in JPMorgan Municipal ETF in the 1st quarter worth about $7,483,000.

JPMorgan Municipal ETF Trading Up 0.1 %

JMUB traded up $0.07 during midday trading on Friday, hitting $50.50. The company’s stock had a trading volume of 187,736 shares. The firm has a 50-day simple moving average of $50.98 and a 200-day simple moving average of $50.63. The firm has a market capitalization of $1.40 billion, a price-to-earnings ratio of 10.22 and a beta of 0.08.

JPMorgan Municipal ETF Increases Dividend

The business also recently announced a dividend, which was paid on Thursday, September 5th. Investors of record on Tuesday, September 3rd were issued a $0.1506 dividend. This is an increase from JPMorgan Municipal ETF’s previous dividend of $0.15. The ex-dividend date was Tuesday, September 3rd.

JPMorgan Municipal ETF 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.