JPMorgan Municipal ETF (BATS:JMUB) Stock Position Increased by Quadcap Wealth Management LLC

Quadcap Wealth Management LLC boosted its position in JPMorgan Municipal ETF (BATS:JMUB) by 80.3% during the 4th quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The fund owned 35,954 shares of the company’s stock after purchasing an additional 16,011 shares during the quarter. Quadcap Wealth Management LLC’s holdings in JPMorgan Municipal ETF were worth $1,803,000 at the end of the most recent quarter.

Other hedge funds have also recently bought and sold shares of the company. 1620 Investment Advisors Inc. acquired a new position in JPMorgan Municipal ETF during the 4th quarter valued at about $44,000. Allworth Financial LP acquired a new position in JPMorgan Municipal ETF during the 4th quarter valued at about $77,000. WealthTrak Capital Management LLC acquired a new position in JPMorgan Municipal ETF during the 4th quarter valued at about $124,000. Hollencrest Capital Management acquired a new position in JPMorgan Municipal ETF during the 4th quarter valued at about $138,000. Finally, Park Avenue Securities LLC acquired a new position in JPMorgan Municipal ETF during the 4th quarter valued at about $215,000.

JPMorgan Municipal ETF Trading Down 0.8%

JPMorgan Municipal ETF stock opened at $49.39 on Thursday. The stock has a market cap of $2.72 billion, a price-to-earnings ratio of 9.96 and a beta of 0.22. The company’s 50-day moving average price is $49.58 and its two-hundred day moving average price is $50.13. JPMorgan Municipal ETF has a 52 week low of $47.95 and a 52 week high of $51.31.

JPMorgan Municipal ETF Increases Dividend

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