WealthCare Investment Partners LLC Sells 5,199 Shares of JPMorgan Municipal ETF (BATS:JMUB)

WealthCare Investment Partners LLC lessened its holdings in JPMorgan Municipal ETF (BATS:JMUB) by 8.9% during the 4th quarter, Holdings Channel.com reports. The firm owned 53,299 shares of the company’s stock after selling 5,199 shares during the period. JPMorgan Municipal ETF makes up about 1.2% of WealthCare Investment Partners LLC’s investment portfolio, making the stock its 25th largest position. WealthCare Investment Partners LLC’s holdings in JPMorgan Municipal ETF were worth $2,678,000 as of its most recent filing with the Securities & Exchange Commission.

Several other institutional investors have also recently made changes to their positions in the business. FMA Wealth Management LLC lifted its stake in shares of JPMorgan Municipal ETF by 1.3% in the 4th quarter. FMA Wealth Management LLC now owns 64,978 shares of the company’s stock worth $3,259,000 after purchasing an additional 841 shares during the period. Private Advisor Group LLC lifted its stake in shares of JPMorgan Municipal ETF by 0.9% in the 4th quarter. Private Advisor Group LLC now owns 88,390 shares of the company’s stock worth $4,433,000 after purchasing an additional 755 shares during the period. Good Life Advisors LLC lifted its stake in shares of JPMorgan Municipal ETF by 20.8% in the 4th quarter. Good Life Advisors LLC now owns 19,998 shares of the company’s stock worth $1,003,000 after purchasing an additional 3,446 shares during the period. Vawter Financial Ltd. lifted its stake in shares of JPMorgan Municipal ETF by 33.6% in the 4th quarter. Vawter Financial Ltd. now owns 5,571 shares of the company’s stock worth $279,000 after purchasing an additional 1,400 shares during the period. Finally, Beta Wealth Group Inc. lifted its stake in shares of JPMorgan Municipal ETF by 1.0% in the 4th quarter. Beta Wealth Group Inc. now owns 212,351 shares of the company’s stock worth $10,649,000 after purchasing an additional 2,171 shares during the period.

JPMorgan Municipal ETF Stock Up 1.1 %

Shares of BATS:JMUB opened at $50.34 on Thursday. The business has a fifty day simple moving average of $50.26 and a 200 day simple moving average of $50.64. The company has a market cap of $1.40 billion, a PE ratio of 10.19 and a beta of 0.08.

JPMorgan Municipal ETF Cuts Dividend

The company also recently announced a dividend, which was paid on Wednesday, February 5th. Investors of record on Monday, February 3rd were issued a $0.1299 dividend. The ex-dividend date was Monday, February 3rd.

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.