JPMorgan Municipal ETF $JMUB Shares Acquired by Cetera Investment Advisers

Cetera Investment Advisers grew its position in JPMorgan Municipal ETF (BATS:JMUB) by 18.8% during the 2nd quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission (SEC). The institutional investor owned 1,343,673 shares of the company’s stock after acquiring an additional 212,407 shares during the quarter. Cetera Investment Advisers owned about 2.19% of JPMorgan Municipal ETF worth $66,700,000 as of its most recent SEC filing.

Other large investors have also recently made changes to their positions in the company. Meeder Advisory Services Inc. acquired a new position in JPMorgan Municipal ETF in the 1st quarter valued at $126,587,000. Ameriprise Financial Inc. grew its holdings in shares of JPMorgan Municipal ETF by 114.2% during the first quarter. Ameriprise Financial Inc. now owns 1,116,436 shares of the company’s stock worth $55,825,000 after buying an additional 595,174 shares in the last quarter. G2 Capital Management LLC OH raised its position in shares of JPMorgan Municipal ETF by 489.2% in the second quarter. G2 Capital Management LLC OH now owns 695,217 shares of the company’s stock valued at $34,511,000 after buying an additional 577,227 shares during the last quarter. Wealth Enhancement Advisory Services LLC lifted its stake in shares of JPMorgan Municipal ETF by 42.9% in the second quarter. Wealth Enhancement Advisory Services LLC now owns 1,899,154 shares of the company’s stock worth $94,037,000 after buying an additional 569,892 shares in the last quarter. Finally, TIAA Trust National Association lifted its stake in shares of JPMorgan Municipal ETF by 53.1% in the second quarter. TIAA Trust National Association now owns 910,262 shares of the company’s stock worth $45,185,000 after buying an additional 315,894 shares in the last quarter.

JPMorgan Municipal ETF Trading Up 1.6%

Shares of BATS JMUB opened at $50.59 on Friday. The stock has a market cap of $3.10 billion, a PE ratio of 9.96 and a beta of 0.21. JPMorgan Municipal ETF has a 12-month low of $47.95 and a 12-month high of $51.31. The company has a 50-day moving average of $50.54 and a 200 day moving average of $49.81.

JPMorgan Municipal ETF Cuts Dividend

The business also recently declared a monthly dividend, which was paid on Thursday, October 23rd. Investors of record on Tuesday, October 21st were issued a $0.1214 dividend. This represents a c) annualized dividend and a dividend yield of 2.9%. The ex-dividend date of this dividend was Tuesday, October 21st.

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.