JPMorgan Municipal ETF $JMUB Shares Sold by Arkadios Wealth Advisors

Arkadios Wealth Advisors lowered its holdings in JPMorgan Municipal ETF (BATS:JMUB) by 14.0% in the second quarter, according to the company in its most recent disclosure with the SEC. The firm owned 11,519 shares of the company’s stock after selling 1,873 shares during the quarter. Arkadios Wealth Advisors’ holdings in JPMorgan Municipal ETF were worth $572,000 as of its most recent filing with the SEC.

Other hedge funds and other institutional investors also recently bought and sold shares of the company. ST Germain D J Co. Inc. acquired a new stake in JPMorgan Municipal ETF in the second quarter valued at $25,000. Financial Gravity Asset Management Inc. acquired a new stake in shares of JPMorgan Municipal ETF in the first quarter valued at about $28,000. Briaud Financial Planning Inc acquired a new stake in shares of JPMorgan Municipal ETF in the second quarter valued at about $48,000. Abound Wealth Management acquired a new stake in shares of JPMorgan Municipal ETF in the second quarter valued at about $78,000. Finally, Ameriflex Group Inc. lifted its position in shares of JPMorgan Municipal ETF by 360.0% during the 2nd quarter. Ameriflex Group Inc. now owns 2,300 shares of the company’s stock valued at $114,000 after acquiring an additional 1,800 shares during the period.

JPMorgan Municipal ETF Price Performance

JMUB opened at $50.61 on Tuesday. JPMorgan Municipal ETF has a 1-year low of $47.95 and a 1-year high of $51.31. The stock has a market cap of $3.10 billion, a P/E ratio of 9.96 and a beta of 0.21. The stock’s 50 day simple moving average is $50.34 and its 200 day simple moving average is $49.72.

JPMorgan Municipal ETF Cuts Dividend

The company also recently announced a monthly dividend, which was paid on Thursday, October 23rd. Shareholders of record on Tuesday, October 21st were given a dividend of $0.1214 per share. This represents a c) dividend on an annualized basis and a yield of 2.9%. The ex-dividend date was Tuesday, October 21st.

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.