JPMorgan Municipal ETF (BATS:JMUB) Shares Acquired by Prime Capital Investment Advisors LLC

Prime Capital Investment Advisors LLC raised its holdings in shares of JPMorgan Municipal ETF (BATS:JMUB) by 46.5% during the 3rd quarter, Holdings Channel reports. The fund owned 42,179 shares of the company’s stock after purchasing an additional 13,384 shares during the period. Prime Capital Investment Advisors LLC’s holdings in JPMorgan Municipal ETF were worth $2,163,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

Other institutional investors have also bought and sold shares of the company. Western Wealth Management LLC increased its stake in JPMorgan Municipal ETF by 2.0% in the 2nd quarter. Western Wealth Management LLC now owns 10,992 shares of the company’s stock worth $554,000 after purchasing an additional 217 shares in the last quarter. Family Investment Center Inc. increased its holdings in shares of JPMorgan Municipal ETF by 1.2% during the 3rd quarter. Family Investment Center Inc. now owns 21,716 shares of the company’s stock valued at $1,113,000 after acquiring an additional 254 shares during the last quarter. Stone Point Wealth LLC lifted its stake in shares of JPMorgan Municipal ETF by 3.3% in the third quarter. Stone Point Wealth LLC now owns 9,496 shares of the company’s stock worth $487,000 after buying an additional 300 shares during the last quarter. ERn Financial LLC grew its position in shares of JPMorgan Municipal ETF by 1.0% in the second quarter. ERn Financial LLC now owns 33,037 shares of the company’s stock valued at $1,664,000 after purchasing an additional 316 shares during the last quarter. Finally, WealthCare Investment Partners LLC grew its holdings in JPMorgan Municipal ETF by 0.6% in the 3rd quarter. WealthCare Investment Partners LLC now owns 58,498 shares of the company’s stock valued at $2,979,000 after buying an additional 333 shares during the last quarter.

JPMorgan Municipal ETF Price Performance

Shares of JMUB opened at $50.43 on Thursday. The company has a market capitalization of $1.40 billion, a price-to-earnings ratio of 10.22 and a beta of 0.08. The firm’s 50-day moving average price is $50.86 and its 200-day moving average price is $50.66.

JPMorgan Municipal ETF Increases Dividend

The firm also recently announced a dividend, which was paid on Thursday, September 5th. Stockholders 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 of this dividend 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.