JPMorgan Municipal ETF $JMUB Position Increased by Huntington National Bank

Huntington National Bank boosted its stake in shares of JPMorgan Municipal ETF (BATS:JMUB) by 22.4% in the third quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The firm owned 363,391 shares of the company’s stock after purchasing an additional 66,593 shares during the quarter. Huntington National Bank owned approximately 0.59% of JPMorgan Municipal ETF worth $18,340,000 at the end of the most recent reporting period.

Other large investors have also recently added to or reduced their stakes in the company. TIAA Trust National Association grew its position in shares of JPMorgan Municipal ETF by 7.4% during the third quarter. TIAA Trust National Association now owns 977,385 shares of the company’s stock worth $49,329,000 after acquiring an additional 67,123 shares during the last quarter. IAG Wealth Partners LLC grew its position in JPMorgan Municipal ETF by 18.9% in the 3rd quarter. IAG Wealth Partners LLC now owns 388,132 shares of the company’s stock worth $19,589,000 after purchasing an additional 61,664 shares during the last quarter. GGM Financials LLC raised its holdings in shares of JPMorgan Municipal ETF by 17.8% during the third quarter. GGM Financials LLC now owns 8,377 shares of the company’s stock valued at $423,000 after buying an additional 1,267 shares during the last quarter. Vawter Financial Ltd. bought a new stake in shares of JPMorgan Municipal ETF during the third quarter valued at approximately $528,000. Finally, JFS Wealth Advisors LLC grew its holdings in JPMorgan Municipal ETF by 263.4% in the 3rd quarter. JFS Wealth Advisors LLC now owns 59,753 shares of the company’s stock worth $3,016,000 after buying an additional 43,308 shares in the last quarter.

JPMorgan Municipal ETF Price Performance

JMUB opened at $51.30 on Friday. The stock’s 50 day moving average price is $50.82 and its 200 day moving average price is $50.51. The stock has a market cap of $3.15 billion, a P/E ratio of 9.96 and a beta of 0.21. JPMorgan Municipal ETF has a 12 month low of $47.95 and a 12 month high of $51.34.

JPMorgan Municipal ETF Cuts Dividend

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

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.