Commonwealth Financial Services LLC Sells 4,023 Shares of JPMorgan Municipal ETF (BATS:JMUB)

Commonwealth Financial Services LLC trimmed its position in JPMorgan Municipal ETF (BATS:JMUB) by 22.0% during the 2nd quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The firm owned 14,285 shares of the company’s stock after selling 4,023 shares during the quarter. Commonwealth Financial Services LLC owned 0.05% of JPMorgan Municipal ETF worth $721,000 as of its most recent filing with the Securities & Exchange Commission.

A number of other hedge funds and other institutional investors also recently added to or reduced their stakes in JMUB. Brio Consultants LLC purchased a new position in shares of JPMorgan Municipal ETF in the fourth quarter valued at about $3,906,000. Aveo Capital Partners LLC increased its holdings in JPMorgan Municipal ETF by 28.0% during the 4th quarter. Aveo Capital Partners LLC now owns 154,684 shares of the company’s stock valued at $7,883,000 after purchasing an additional 33,828 shares during the period. Gryphon Financial Partners LLC bought a new position in JPMorgan Municipal ETF during the 4th quarter valued at approximately $293,000. Corient Private Wealth LLC purchased a new stake in JPMorgan Municipal ETF in the 4th quarter worth approximately $699,000. Finally, Advisory Services Network LLC purchased a new stake in JPMorgan Municipal ETF in the 4th quarter worth approximately $205,000.

JPMorgan Municipal ETF Stock Down 0.0 %

JMUB opened at $51.18 on Monday. The stock has a market capitalization of $1.42 billion, a PE ratio of 10.22 and a beta of 0.08. The company’s 50-day simple moving average is $50.92 and its 200 day simple moving average is $50.58.

JPMorgan Municipal ETF Increases Dividend

The business also recently disclosed a dividend, which was paid on Thursday, September 5th. Shareholders of record on Tuesday, September 3rd were given a dividend of $0.1506 per share. This is an increase from JPMorgan Municipal ETF’s previous dividend of $0.15. The ex-dividend date was Tuesday, September 3rd.

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.