WealthCare Investment Partners LLC Buys 16,511 Shares of JPMorgan Municipal ETF (BATS:JMUB)

WealthCare Investment Partners LLC boosted its stake in JPMorgan Municipal ETF (BATS:JMUB) by 44.1% during the 1st quarter, Holdings Channel.com reports. The institutional investor owned 53,968 shares of the company’s stock after buying an additional 16,511 shares during the period. JPMorgan Municipal ETF accounts for approximately 1.3% of WealthCare Investment Partners LLC’s holdings, making the stock its 21st largest position. WealthCare Investment Partners LLC’s holdings in JPMorgan Municipal ETF were worth $2,738,000 as of its most recent SEC filing.

Other large investors have also recently bought and sold shares of the company. Summit Financial Strategies Inc. bought a new position in JPMorgan Municipal ETF in the 4th quarter worth approximately $322,000. Summit X LLC boosted its holdings in JPMorgan Municipal ETF by 14.0% in the fourth quarter. Summit X LLC now owns 26,718 shares of the company’s stock valued at $1,362,000 after acquiring an additional 3,280 shares during the last quarter. Clearwater Capital Advisors LLC acquired a new stake in JPMorgan Municipal ETF in the fourth quarter worth about $1,698,000. IAG Wealth Partners LLC bought a new stake in JPMorgan Municipal ETF during the 4th quarter worth about $14,524,000. Finally, Opal Wealth Advisors LLC acquired a new position in JPMorgan Municipal ETF during the 4th quarter valued at about $14,544,000.

JPMorgan Municipal ETF Stock Performance

Shares of BATS:JMUB traded down $0.13 during trading on Thursday, hitting $50.43. 116,680 shares of the company’s stock were exchanged. The company’s fifty day moving average is $50.30 and its 200-day moving average is $50.57. The company 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 Wednesday, June 5th. Stockholders of record on Monday, June 3rd were given a dividend of $0.1497 per share. This is a positive change from JPMorgan Municipal ETF’s previous dividend of $0.14. The ex-dividend date of this dividend was Monday, June 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.