Cobblestone Capital Advisors LLC NY Takes Position in JPMorgan Municipal ETF $JMUB

Cobblestone Capital Advisors LLC NY purchased a new stake in shares of JPMorgan Municipal ETF (BATS:JMUBFree Report) during the 3rd quarter, Holdings Channel reports. The fund purchased 12,130 shares of the company’s stock, valued at approximately $612,000.

A number of other institutional investors also recently bought and sold shares of the stock. Financial Gravity Companies Inc. purchased a new position in JPMorgan Municipal ETF during the second quarter worth $28,000. Archer Investment Corp purchased a new stake in shares of JPMorgan Municipal ETF in the third quarter valued at $58,000. Fifth Third Bancorp bought a new stake in shares of JPMorgan Municipal ETF in the 3rd quarter worth about $61,000. Cape Investment Advisory Inc. boosted its stake in shares of JPMorgan Municipal ETF by 698.2% during the 2nd quarter. Cape Investment Advisory Inc. now owns 1,740 shares of the company’s stock worth $86,000 after purchasing an additional 1,522 shares during the period. Finally, AE Wealth Management LLC grew its holdings in JPMorgan Municipal ETF by 49.9% during the 3rd quarter. AE Wealth Management LLC now owns 1,889 shares of the company’s stock valued at $95,000 after purchasing an additional 629 shares during the last quarter.

JPMorgan Municipal ETF Price Performance

JPMorgan Municipal ETF stock opened at $51.30 on Monday. The firm has a market capitalization of $3.15 billion, a P/E ratio of 9.96 and a beta of 0.21. JPMorgan Municipal ETF has a 1-year low of $47.95 and a 1-year high of $51.34. The company’s 50-day moving average is $50.82 and its 200 day moving average is $50.53.

JPMorgan Municipal ETF Cuts Dividend

The firm also recently declared a monthly dividend, which was paid on Wednesday, February 4th. Investors of record on Monday, February 2nd were paid a dividend of $0.1414 per share. This represents a c) dividend on an annualized basis and a dividend yield of 3.3%. The ex-dividend date of this dividend was Monday, February 2nd.

JPMorgan Municipal ETF Company 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.

See Also

Want to see what other hedge funds are holding JMUB? Visit HoldingsChannel.com to get the latest 13F filings and insider trades for JPMorgan Municipal ETF (BATS:JMUBFree Report).

Institutional Ownership by Quarter for JPMorgan Municipal ETF (BATS:JMUB)

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