Walkner Condon Financial Advisors LLC Cuts Stake in JPMorgan Municipal ETF (BATS:JMUB)

Posted by Charles Blunt on Nov 7th, 2024

Walkner Condon Financial Advisors LLC trimmed its position in JPMorgan Municipal ETF (BATS:JMUB – Free Report) by 28.3% during the 3rd quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The fund owned 21,893 shares of the company’s stock after selling 8,629 shares during the period. Walkner Condon Financial Advisors LLC’s holdings in JPMorgan Municipal ETF were worth $1,122,000 at the end of the most recent reporting period.

A number of other institutional investors have also recently made changes to their positions in the company. Financial Gravity Asset Management Inc. acquired a new stake in JPMorgan Municipal ETF in the 2nd quarter valued at about $58,000. ICA Group Wealth Management LLC lifted its position in JPMorgan Municipal ETF by 62.9% during the second quarter. ICA Group Wealth Management LLC now owns 1,165 shares of the company’s stock worth $59,000 after buying an additional 450 shares in the last quarter. EverSource Wealth Advisors LLC acquired a new position in JPMorgan Municipal ETF during the first quarter worth $85,000. Madison Wealth Partners Inc purchased a new stake in JPMorgan Municipal ETF in the 2nd quarter valued at $212,000. Finally, Avantax Advisory Services Inc. acquired a new stake in shares of JPMorgan Municipal ETF in the 1st quarter worth $214,000.

JPMorgan Municipal ETF Stock Performance

Shares of JMUB stock opened at $50.01 on Thursday. The firm has a market cap of $1.39 billion, a PE ratio of 10.22 and a beta of 0.08. The firm’s fifty day moving average price is $50.90 and its 200-day moving average price is $50.65.

JPMorgan Municipal ETF Increases Dividend

The company also recently declared a dividend, which was paid on Thursday, September 5th. Stockholders of record on Tuesday, September 3rd were paid a $0.1506 dividend. This is a boost from JPMorgan Municipal ETF’s previous dividend of $0.15. The ex-dividend date of this dividend was Tuesday, September 3rd.

JPMorgan Municipal ETF Profile

(Free Report)

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.