First Financial Bank Trust Division Grows Holdings in JPMorgan Municipal ETF $JMUB

First Financial Bank Trust Division increased its holdings in JPMorgan Municipal ETF (BATS:JMUB) by 158.5% in the third quarter, according to its most recent filing with the Securities and Exchange Commission. The firm owned 21,388 shares of the company’s stock after purchasing an additional 13,113 shares during the quarter. First Financial Bank Trust Division’s holdings in JPMorgan Municipal ETF were worth $1,079,000 at the end of the most recent reporting period.

Several other institutional investors also recently bought and sold shares of the business. Avantax Advisory Services Inc. lifted its position in shares of JPMorgan Municipal ETF by 2,438.3% during the 2nd quarter. Avantax Advisory Services Inc. now owns 897,843 shares of the company’s stock valued at $44,569,000 after buying an additional 862,471 shares in the last quarter. Bank of America Corp DE increased its holdings in JPMorgan Municipal ETF by 152.3% in the 2nd quarter. Bank of America Corp DE now owns 1,101,672 shares of the company’s stock worth $54,687,000 after acquiring an additional 665,100 shares in the last quarter. Ameriprise Financial Inc. raised its position in 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 acquiring an additional 595,174 shares during the period. G2 Capital Management LLC OH lifted its holdings in JPMorgan Municipal ETF by 489.2% during the second quarter. G2 Capital Management LLC OH now owns 695,217 shares of the company’s stock valued at $34,511,000 after purchasing an additional 577,227 shares in the last quarter. Finally, Wealth Enhancement Advisory Services LLC grew its position 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 valued at $94,037,000 after purchasing an additional 569,892 shares during the period.

JPMorgan Municipal ETF Stock Up 1.4%

JMUB opened at $50.50 on Monday. JPMorgan Municipal ETF has a twelve month low of $47.95 and a twelve month high of $51.31. The company has a 50-day moving average price of $50.62 and a 200 day moving average price of $49.98. The company has a market cap of $3.10 billion, a PE ratio of 9.96 and a beta of 0.21.

JPMorgan Municipal ETF Cuts Dividend

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

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.