Janney Montgomery Scott LLC Purchases 4,784 Shares of JPMorgan Municipal ETF (BATS:JMUB)

Janney Montgomery Scott LLC boosted its position in shares of JPMorgan Municipal ETF (BATS:JMUB) by 25.0% in the fourth quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The fund owned 23,917 shares of the company’s stock after acquiring an additional 4,784 shares during the period. Janney Montgomery Scott LLC owned 0.09% of JPMorgan Municipal ETF worth $1,199,000 at the end of the most recent quarter.

A number of other hedge funds also recently bought and sold shares of the company. Sunbelt Securities Inc. lifted its position in shares of JPMorgan Municipal ETF by 208.0% during the 3rd quarter. Sunbelt Securities Inc. now owns 1,118 shares of the company’s stock worth $57,000 after purchasing an additional 755 shares during the last quarter. Blue Investment Partners LLC acquired a new position in shares of JPMorgan Municipal ETF during the third quarter worth approximately $203,000. Aptus Capital Advisors LLC boosted its position in shares of JPMorgan Municipal ETF by 291.3% in the third quarter. Aptus Capital Advisors LLC now owns 4,026 shares of the company’s stock valued at $206,000 after acquiring an additional 2,997 shares during the period. Atria Investments Inc bought a new position in shares of JPMorgan Municipal ETF during the 3rd quarter worth about $208,000. Finally, Vawter Financial Ltd. bought a new position in JPMorgan Municipal ETF in the third quarter worth $214,000.

JPMorgan Municipal ETF Price Performance

BATS:JMUB opened at $50.36 on Wednesday. The firm has a market capitalization of $1.40 billion, a price-to-earnings ratio of 10.22 and a beta of 0.08. The business has a 50-day simple moving average of $50.38 and a 200-day simple moving average of $50.67.

JPMorgan Municipal ETF Cuts Dividend

The company also recently declared a dividend, which will be paid on Wednesday, February 5th. Shareholders of record on Monday, February 3rd will be paid a $0.1299 dividend. The ex-dividend date is Monday, February 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.