Helen Stephens Group LLC Has $10.14 Million Stake in JPMorgan Municipal ETF (BATS:JMUB)

Helen Stephens Group LLC lifted its position in shares of JPMorgan Municipal ETF (BATS:JMUB) by 15.3% in the third quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The firm owned 197,705 shares of the company’s stock after purchasing an additional 26,221 shares during the period. JPMorgan Municipal ETF accounts for approximately 3.1% of Helen Stephens Group LLC’s portfolio, making the stock its 9th largest position. Helen Stephens Group LLC owned 0.71% of JPMorgan Municipal ETF worth $10,136,000 at the end of the most recent quarter.

A number of other institutional investors also recently modified their holdings of JMUB. Raymond James Financial Services Advisors Inc. boosted its holdings in shares of JPMorgan Municipal ETF by 205.9% during the second quarter. Raymond James Financial Services Advisors Inc. now owns 853,485 shares of the company’s stock worth $42,994,000 after purchasing an additional 574,470 shares during the period. Envestnet Asset Management Inc. boosted its holdings in shares of JPMorgan Municipal ETF by 119.7% during the second quarter. Envestnet Asset Management Inc. now owns 650,088 shares of the company’s stock worth $32,748,000 after purchasing an additional 354,185 shares during the period. Asio Capital LLC raised its stake in JPMorgan Municipal ETF by 229.4% in the first quarter. Asio Capital LLC now owns 367,674 shares of the company’s stock worth $18,656,000 after buying an additional 256,050 shares in the last quarter. LPL Financial LLC raised its stake in JPMorgan Municipal ETF by 11.2% in the second quarter. LPL Financial LLC now owns 2,112,549 shares of the company’s stock worth $106,420,000 after buying an additional 212,185 shares in the last quarter. Finally, FORVIS Wealth Advisors LLC raised its stake in JPMorgan Municipal ETF by 40.5% in the first quarter. FORVIS Wealth Advisors LLC now owns 727,190 shares of the company’s stock worth $36,898,000 after buying an additional 209,487 shares in the last quarter.

JPMorgan Municipal ETF Trading Down 0.0 %

JMUB stock opened at $50.91 on Wednesday. The company has a market capitalization of $1.41 billion, a P/E ratio of 10.22 and a beta of 0.08. The business has a 50-day moving average of $51.02 and a 200-day moving average of $50.61.

JPMorgan Municipal ETF Increases Dividend

The firm also recently announced a dividend, which was paid on Thursday, September 5th. Shareholders of record on Tuesday, September 3rd were paid 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 of this dividend was Tuesday, September 3rd.

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.