Kestra Private Wealth Services LLC Acquires 29,880 Shares of JPMorgan Municipal ETF (BATS:JMUB)

Posted by Micah Haroldson on Apr 30th, 2024

Kestra Private Wealth Services LLC grew its holdings in shares of JPMorgan Municipal ETF (BATS:JMUB – Free Report) by 15.0% during the fourth quarter, according to its most recent 13F filing with the SEC. The institutional investor owned 229,236 shares of the company’s stock after buying an additional 29,880 shares during the period. Kestra Private Wealth Services LLC owned approximately 2.03% of JPMorgan Municipal ETF worth $11,682,000 as of its most recent filing with the SEC.

A number of other institutional investors and hedge funds have also recently modified their holdings of JMUB. Hazlett Burt & Watson Inc. acquired a new stake in shares of JPMorgan Municipal ETF in the 4th quarter valued at about $51,000. Carmichael Hill & Associates Inc. acquired a new stake in JPMorgan Municipal ETF in the fourth quarter valued at approximately $70,000. McIlrath & Eck LLC bought a new stake in shares of JPMorgan Municipal ETF during the third quarter valued at approximately $102,000. Choreo LLC acquired a new position in shares of JPMorgan Municipal ETF during the fourth quarter worth approximately $201,000. Finally, West Oak Capital LLC lifted its holdings in shares of JPMorgan Municipal ETF by 33.3% in the 4th quarter. West Oak Capital LLC now owns 4,000 shares of the company’s stock worth $204,000 after purchasing an additional 1,000 shares in the last quarter.

JPMorgan Municipal ETF Stock Up 0.1 %

BATS JMUB traded up $0.05 during mid-day trading on Monday, hitting $50.20. The company’s stock had a trading volume of 103,228 shares. The firm’s fifty day moving average price is $50.54 and its 200 day moving average price is $50.15. The stock has a market capitalization of $1.33 billion, a price-to-earnings ratio of 10.19 and a beta of 0.07.

JPMorgan Municipal ETF Increases Dividend

The firm also recently announced a dividend, which was paid on Thursday, April 4th. Stockholders of record on Tuesday, April 2nd were given a dividend of $0.1449 per share. The ex-dividend date was Monday, April 1st. This is an increase from JPMorgan Municipal ETF’s previous dividend of $0.14.

About JPMorgan Municipal ETF

(Free Report)

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.