JPMorgan Municipal ETF $JMUB Shares Acquired by Spire Wealth Management

Spire Wealth Management increased its position in shares of JPMorgan Municipal ETF (BATS:JMUB) by 2,453.6% in the fourth quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission. The institutional investor owned 30,260 shares of the company’s stock after purchasing an additional 29,075 shares during the period. Spire Wealth Management’s holdings in JPMorgan Municipal ETF were worth $1,528,000 at the end of the most recent quarter.

Several other large investors have also recently bought and sold shares of JMUB. Aspen Wealth Management LLC increased its position in JPMorgan Municipal ETF by 10.9% during the fourth quarter. Aspen Wealth Management LLC now owns 355,918 shares of the company’s stock worth $17,974,000 after buying an additional 34,931 shares during the period. Breakwater Capital Group grew its position in shares of JPMorgan Municipal ETF by 29.7% during the fourth quarter. Breakwater Capital Group now owns 54,295 shares of the company’s stock worth $2,742,000 after acquiring an additional 12,428 shares during the last quarter. Cyndeo Wealth Partners LLC acquired a new position in shares of JPMorgan Municipal ETF in the 4th quarter valued at $1,929,000. Daymark Wealth Partners LLC raised its position in JPMorgan Municipal ETF by 45.4% in the 4th quarter. Daymark Wealth Partners LLC now owns 55,751 shares of the company’s stock valued at $2,815,000 after purchasing an additional 17,404 shares during the last quarter. Finally, Baron Silver Stevens Financial Advisors LLC raised its position in JPMorgan Municipal ETF by 33.7% in the 3rd quarter. Baron Silver Stevens Financial Advisors LLC now owns 195,290 shares of the company’s stock valued at $9,856,000 after purchasing an additional 49,188 shares during the last quarter.

JPMorgan Municipal ETF Stock Performance

Shares of JPMorgan Municipal ETF stock opened at $49.95 on Tuesday. JPMorgan Municipal ETF has a 1 year low of $47.95 and a 1 year high of $51.34. The company has a market capitalization of $3.06 billion, a P/E ratio of 9.96 and a beta of 0.21. The company’s fifty day moving average is $50.72 and its two-hundred day moving average is $50.64.

JPMorgan Municipal ETF Increases Dividend

The business also recently declared a monthly dividend, which was paid on Wednesday, March 4th. Investors of record on Monday, March 2nd were given a $0.1538 dividend. This is a boost from JPMorgan Municipal ETF’s previous monthly dividend of $0.14. The ex-dividend date was Monday, March 2nd. This represents a c) annualized dividend and a yield of 3.7%.

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.