Ameritas Advisory Services LLC Sells 35,610 Shares of JPMorgan Municipal ETF (BATS:JMUB)

Ameritas Advisory Services LLC cut its position in shares of JPMorgan Municipal ETF (BATS:JMUB) by 25.8% in the third quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The firm owned 102,284 shares of the company’s stock after selling 35,610 shares during the period. Ameritas Advisory Services LLC owned approximately 0.37% of JPMorgan Municipal ETF worth $5,244,000 at the end of the most recent quarter.

Other large investors have also recently made changes to their positions in the company. Financial Connections Group Inc. lifted its position in shares of JPMorgan Municipal ETF by 1.7% in the 1st quarter. Financial Connections Group Inc. now owns 14,051 shares of the company’s stock worth $713,000 after purchasing an additional 235 shares during the period. CFO4Life Group LLC lifted its position in shares of JPMorgan Municipal ETF by 27.5% in the 1st quarter. CFO4Life Group LLC now owns 227,366 shares of the company’s stock worth $11,537,000 after purchasing an additional 49,084 shares during the period. Envestnet Portfolio Solutions Inc. lifted its position in shares of JPMorgan Municipal ETF by 18.3% in the 1st quarter. Envestnet Portfolio Solutions Inc. now owns 11,157 shares of the company’s stock worth $566,000 after purchasing an additional 1,724 shares during the period. Bernardo Wealth Planning LLC purchased a new stake in shares of JPMorgan Municipal ETF in the 1st quarter worth approximately $475,000. Finally, BCGM Wealth Management LLC bought a new position in shares of JPMorgan Municipal ETF during the 1st quarter worth approximately $257,000.

JPMorgan Municipal ETF Stock Up 0.3 %

JPMorgan Municipal ETF stock traded up $0.14 during mid-day trading on Tuesday, reaching $50.48. 464,653 shares of the company traded hands. The firm has a market capitalization of $1.40 billion, a P/E ratio of 10.22 and a beta of 0.08. The company has a fifty day moving average price of $50.93 and a two-hundred day moving average price of $50.65.

JPMorgan Municipal ETF Increases Dividend

The business also recently declared a dividend, which was paid on Thursday, September 5th. Shareholders of record on Tuesday, September 3rd were paid a dividend of $0.1506 per share. This is a positive change from JPMorgan Municipal ETF’s previous dividend of $0.15. The ex-dividend date was Tuesday, September 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.