Chesley Taft & Associates LLC Acquires 78,847 Shares of JPMorgan Municipal ETF $JMUB

Chesley Taft & Associates LLC lifted its holdings in JPMorgan Municipal ETF (BATS:JMUB) by 45.2% in the 4th quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The fund owned 253,182 shares of the company’s stock after purchasing an additional 78,847 shares during the period. Chesley Taft & Associates LLC’s holdings in JPMorgan Municipal ETF were worth $12,786,000 at the end of the most recent reporting period.

A number of other large investors have also recently bought and sold shares of the business. Goodman Advisory Group LLC acquired a new stake in shares of JPMorgan Municipal ETF in the third quarter worth about $37,000. Franklin Resources Inc. acquired a new position in shares of JPMorgan Municipal ETF during the 3rd quarter valued at about $41,000. Archer Investment Corp bought a new position in shares of JPMorgan Municipal ETF in the 3rd quarter valued at approximately $58,000. Fifth Third Bancorp bought a new position in shares of JPMorgan Municipal ETF in the 3rd quarter valued at approximately $61,000. Finally, Imprint Wealth LLC acquired a new stake in JPMorgan Municipal ETF in the 3rd quarter worth approximately $63,000.

JPMorgan Municipal ETF Stock Down 0.0%

Shares of JPMorgan Municipal ETF stock opened at $49.87 on Friday. JPMorgan Municipal ETF has a 12-month low of $47.95 and a 12-month high of $51.34. The stock has a 50 day moving average price of $50.74 and a two-hundred day moving average price of $50.64. The stock has a market capitalization of $3.06 billion, a P/E ratio of 9.96 and a beta of 0.21.

JPMorgan Municipal ETF Increases Dividend

The company also recently disclosed a monthly dividend, which was paid on Wednesday, March 4th. Stockholders of record on Monday, March 2nd were paid a $0.1538 dividend. The ex-dividend date was Monday, March 2nd. This is a positive change from JPMorgan Municipal ETF’s previous monthly dividend of $0.14. This represents a c) dividend on an annualized basis and a dividend yield of 3.7%.

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.