10,283 Shares in JPMorgan Municipal ETF (BATS:JMUB) Purchased by Sagespring Wealth Partners LLC

Sagespring Wealth Partners LLC acquired a new position in shares of JPMorgan Municipal ETF (BATS:JMUB) during the 4th quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The fund acquired 10,283 shares of the company’s stock, valued at approximately $516,000.

Other hedge funds and other institutional investors have also bought and sold shares of the company. Sanctuary Advisors LLC lifted its holdings in shares of JPMorgan Municipal ETF by 33.3% during the third quarter. Sanctuary Advisors LLC now owns 9,094 shares of the company’s stock valued at $460,000 after purchasing an additional 2,272 shares during the last quarter. Stratos Wealth Partners LTD. raised its stake in JPMorgan Municipal ETF by 7.6% during the fourth quarter. Stratos Wealth Partners LTD. now owns 6,934 shares of the company’s stock valued at $348,000 after buying an additional 490 shares during the last quarter. Jane Street Group LLC raised its stake in JPMorgan Municipal ETF by 95.9% during the third quarter. Jane Street Group LLC now owns 30,946 shares of the company’s stock valued at $1,587,000 after buying an additional 15,146 shares during the last quarter. Park Avenue Securities LLC bought a new stake in JPMorgan Municipal ETF in the fourth quarter worth $215,000. Finally, RiverFront Investment Group LLC grew its stake in shares of JPMorgan Municipal ETF by 6.3% in the fourth quarter. RiverFront Investment Group LLC now owns 92,666 shares of the company’s stock worth $4,647,000 after acquiring an additional 5,476 shares during the last quarter.

JPMorgan Municipal ETF Price Performance

JMUB opened at $48.84 on Tuesday. The firm has a market cap of $2.60 billion, a PE ratio of 9.82 and a beta of 0.19. The stock has a 50-day moving average price of $50.07 and a 200-day moving average price of $50.36. JPMorgan Municipal ETF has a 1 year low of $47.95 and a 1 year high of $51.31.

JPMorgan Municipal ETF Increases Dividend

The company also recently announced a dividend, which was paid on Wednesday, March 5th. Shareholders of record on Monday, March 3rd were issued a $0.1429 dividend. The ex-dividend date of this dividend was Monday, March 3rd. This is a boost from JPMorgan Municipal ETF’s previous dividend of $0.13.

JPMorgan Municipal ETF Company 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.