Bank of New York Mellon Corp Sells 2,101 Shares of JPMorgan Municipal ETF (BATS:JMUB)

Bank of New York Mellon Corp decreased its holdings in JPMorgan Municipal ETF (BATS:JMUB) by 3.5% during the fourth quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The firm owned 58,696 shares of the company’s stock after selling 2,101 shares during the period. Bank of New York Mellon Corp owned about 0.21% of JPMorgan Municipal ETF worth $2,944,000 as of its most recent filing with the Securities & Exchange Commission.

Several other hedge funds and other institutional investors also recently bought and sold shares of the company. Fifth Third Securities Inc. increased its position in JPMorgan Municipal ETF by 3.7% during the 4th quarter. Fifth Third Securities Inc. now owns 8,290 shares of the company’s stock valued at $416,000 after buying an additional 292 shares in the last quarter. Walkner Condon Financial Advisors LLC lifted its position in shares of JPMorgan Municipal ETF by 1.4% in the fourth quarter. Walkner Condon Financial Advisors LLC now owns 22,206 shares of the company’s stock valued at $1,114,000 after acquiring an additional 313 shares in the last quarter. Meridian Financial LLC raised its holdings in JPMorgan Municipal ETF by 6.8% in the 4th quarter. Meridian Financial LLC now owns 5,938 shares of the company’s stock valued at $298,000 after acquiring an additional 378 shares during the last quarter. Stratos Wealth Partners LTD. grew its holdings in shares of JPMorgan Municipal ETF by 7.6% in the fourth quarter. Stratos Wealth Partners LTD. now owns 6,934 shares of the company’s stock valued at $348,000 after purchasing an additional 490 shares during the period. Finally, Sigma Planning Corp lifted its stake in shares of JPMorgan Municipal ETF by 5.9% in the 4th quarter. Sigma Planning Corp now owns 8,980 shares of the company’s stock valued at $450,000 after purchasing an additional 498 shares during the last quarter.

JPMorgan Municipal ETF Stock Up 0.8 %

Shares of BATS JMUB opened at $50.22 on Friday. The firm has a market cap of $2.43 billion, a price-to-earnings ratio of 10.21 and a beta of 0.20. JPMorgan Municipal ETF has a 52-week low of $49.76 and a 52-week high of $51.31. The business’s 50 day moving average is $50.30 and its two-hundred day moving average is $50.57.

JPMorgan Municipal ETF Increases Dividend

The company also recently declared a dividend, which was paid on Wednesday, March 5th. Investors of record on Monday, March 3rd were given a dividend of $0.1429 per share. This is a positive change from JPMorgan Municipal ETF’s previous dividend of $0.13. The ex-dividend date of this dividend was Monday, March 3rd.

JPMorgan Municipal ETF 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.