JPMorgan Municipal ETF $JMUB Shares Acquired by Per Stirling Capital Management LLC.

Per Stirling Capital Management LLC. boosted its stake in shares of JPMorgan Municipal ETF (BATS:JMUB) by 37.4% in the third quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The firm owned 154,594 shares of the company’s stock after acquiring an additional 42,093 shares during the quarter. Per Stirling Capital Management LLC.’s holdings in JPMorgan Municipal ETF were worth $7,802,000 as of its most recent filing with the Securities and Exchange Commission.

Several other hedge funds and other institutional investors also recently modified their holdings of the stock. Meeder Advisory Services Inc. lifted its holdings in shares of JPMorgan Municipal ETF by 7.9% during the third quarter. Meeder Advisory Services Inc. now owns 2,940,215 shares of the company’s stock worth $148,393,000 after purchasing an additional 214,112 shares during the period. Wealth Enhancement Advisory Services LLC increased its stake in JPMorgan Municipal ETF by 33.8% in the 3rd quarter. Wealth Enhancement Advisory Services LLC now owns 2,540,890 shares of the company’s stock valued at $128,035,000 after buying an additional 641,736 shares during the period. Northwestern Mutual Wealth Management Co. increased its stake in JPMorgan Municipal ETF by 8.3% in the 2nd quarter. Northwestern Mutual Wealth Management Co. now owns 2,382,007 shares of the company’s stock valued at $118,243,000 after buying an additional 182,487 shares during the period. Raymond James Financial Inc. raised its position in JPMorgan Municipal ETF by 16.0% during the 2nd quarter. Raymond James Financial Inc. now owns 1,763,230 shares of the company’s stock worth $87,527,000 after buying an additional 243,751 shares during the last quarter. Finally, Ameriprise Financial Inc. raised its position in JPMorgan Municipal ETF by 40.0% during the 2nd quarter. Ameriprise Financial Inc. now owns 1,563,490 shares of the company’s stock worth $77,572,000 after buying an additional 447,054 shares during the last quarter.

JPMorgan Municipal ETF Stock Down 0.1%

Shares of BATS:JMUB opened at $50.74 on Friday. JPMorgan Municipal ETF has a 52 week low of $47.95 and a 52 week high of $51.34. The company has a 50-day moving average price of $50.85 and a 200 day moving average price of $50.56. The company has a market cap of $3.11 billion, a P/E ratio of 9.96 and a beta of 0.21.

JPMorgan Municipal ETF Increases Dividend

The business also recently announced a monthly dividend, which was paid on Wednesday, March 4th. Shareholders of record on Monday, March 2nd were given a dividend of $0.1538 per share. This represents a c) annualized dividend and a dividend yield of 3.6%. The ex-dividend date was Monday, March 2nd. This is an increase from JPMorgan Municipal ETF’s previous monthly dividend of $0.14.

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.