JPMorgan Municipal ETF (BATS:JMUB) Shares Purchased by Landmark Wealth Management LLC

Landmark Wealth Management LLC boosted its holdings in shares of JPMorgan Municipal ETF (BATS:JMUB) by 5.0% in the third quarter, HoldingsChannel reports. The firm owned 71,564 shares of the company’s stock after buying an additional 3,416 shares during the period. JPMorgan Municipal ETF accounts for about 1.6% of Landmark Wealth Management LLC’s holdings, making the stock its 19th biggest holding. Landmark Wealth Management LLC’s holdings in JPMorgan Municipal ETF were worth $3,669,000 as of its most recent SEC filing.

Other hedge funds also recently added to or reduced their stakes in the company. Western Wealth Management LLC grew its stake in shares of JPMorgan Municipal ETF by 2.0% during the 2nd quarter. Western Wealth Management LLC now owns 10,992 shares of the company’s stock worth $554,000 after purchasing an additional 217 shares during the period. Financial Connections Group Inc. boosted its stake in shares of JPMorgan Municipal ETF by 1.7% during the 1st quarter. Financial Connections Group Inc. now owns 14,051 shares of the company’s stock worth $713,000 after acquiring an additional 235 shares in the last quarter. Family Investment Center Inc. grew its position in shares of JPMorgan Municipal ETF by 1.2% during the 3rd quarter. Family Investment Center Inc. now owns 21,716 shares of the company’s stock valued at $1,113,000 after acquiring an additional 254 shares during the period. ERn Financial LLC grew its position in shares of JPMorgan Municipal ETF by 1.0% during the 2nd quarter. ERn Financial LLC now owns 33,037 shares of the company’s stock valued at $1,664,000 after acquiring an additional 316 shares during the period. Finally, WealthCare Investment Partners LLC increased its stake in shares of JPMorgan Municipal ETF by 0.6% in the 3rd quarter. WealthCare Investment Partners LLC now owns 58,498 shares of the company’s stock valued at $2,979,000 after purchasing an additional 333 shares in the last quarter.

JPMorgan Municipal ETF Stock Up 0.3 %

BATS JMUB opened at $50.48 on Tuesday. The business has a fifty day simple moving average of $50.93 and a 200-day simple moving average of $50.65. The firm has a market cap of $1.40 billion, a PE ratio of 10.22 and a beta of 0.08.

JPMorgan Municipal ETF Increases Dividend

The firm also recently announced a dividend, which was paid on Thursday, September 5th. Stockholders of record on Tuesday, September 3rd were paid a dividend of $0.1506 per share. This is an increase 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.