Marion Wealth Management Has $1.06 Million Stock Holdings in JPMorgan Municipal ETF $JMUB

Marion Wealth Management increased its holdings in shares of JPMorgan Municipal ETF (BATS:JMUB) by 32.2% in the 2nd quarter, Holdings Channel.com reports. The firm owned 21,398 shares of the company’s stock after acquiring an additional 5,216 shares during the quarter. Marion Wealth Management’s holdings in JPMorgan Municipal ETF were worth $1,062,000 as of its most recent filing with the SEC.

Several other large investors have also made changes to their positions in the business. Bridgewater Advisors Inc. acquired a new position in shares of JPMorgan Municipal ETF during the 2nd quarter worth about $5,571,000. Sigma Planning Corp lifted its position in shares of JPMorgan Municipal ETF by 29.9% during the 2nd quarter. Sigma Planning Corp now owns 11,131 shares of the company’s stock worth $553,000 after purchasing an additional 2,564 shares during the last quarter. TIAA Trust National Association lifted its position in shares of JPMorgan Municipal ETF by 53.1% during the 2nd quarter. TIAA Trust National Association now owns 910,262 shares of the company’s stock worth $45,185,000 after purchasing an additional 315,894 shares during the last quarter. Uniting Wealth Partners LLC acquired a new position in shares of JPMorgan Municipal ETF during the 2nd quarter worth about $1,459,000. Finally, Atria Investments Inc lifted its position in shares of JPMorgan Municipal ETF by 23.7% during the 2nd quarter. Atria Investments Inc now owns 7,923 shares of the company’s stock worth $393,000 after purchasing an additional 1,520 shares during the last quarter.

JPMorgan Municipal ETF Stock Performance

BATS JMUB opened at $50.61 on Tuesday. JPMorgan Municipal ETF has a twelve month low of $47.95 and a twelve month high of $51.31. The stock has a market capitalization of $3.10 billion, a PE ratio of 9.96 and a beta of 0.21. The stock has a 50-day simple moving average of $50.34 and a 200 day simple moving average of $49.72.

JPMorgan Municipal ETF Cuts Dividend

The firm also recently disclosed a monthly dividend, which was paid on Thursday, October 23rd. Investors of record on Tuesday, October 21st were given a dividend of $0.1214 per share. This represents a c) annualized dividend and a dividend yield of 2.9%. The ex-dividend date of this dividend was Tuesday, October 21st.

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.