Sanctuary Advisors LLC Has $535,000 Position in JPMorgan Municipal ETF (BATS:JMUB)

Sanctuary Advisors LLC lifted its stake in shares of JPMorgan Municipal ETF (BATS:JMUB) by 16.7% in the fourth quarter, according to the company in its most recent filing with the SEC. The fund owned 10,610 shares of the company’s stock after buying an additional 1,516 shares during the quarter. Sanctuary Advisors LLC’s holdings in JPMorgan Municipal ETF were worth $535,000 as of its most recent SEC filing.

Several other hedge funds and other institutional investors have also modified their holdings of the stock. Principal Securities Inc. lifted its position in JPMorgan Municipal ETF by 9.9% during the third quarter. Principal Securities Inc. now owns 49,802 shares of the company’s stock worth $2,553,000 after acquiring an additional 4,484 shares during the last quarter. Farther Finance Advisors LLC increased its stake in shares of JPMorgan Municipal ETF by 43.8% during the third quarter. Farther Finance Advisors LLC now owns 6,470 shares of the company’s stock worth $332,000 after purchasing an additional 1,972 shares during the period. Janney Montgomery Scott LLC lifted its holdings in JPMorgan Municipal ETF by 23.4% during the 3rd quarter. Janney Montgomery Scott LLC now owns 19,133 shares of the company’s stock worth $981,000 after purchasing an additional 3,626 shares during the last quarter. Cedar Point Capital Partners LLC boosted its stake in JPMorgan Municipal ETF by 0.7% in the 3rd quarter. Cedar Point Capital Partners LLC now owns 60,190 shares of the company’s stock valued at $3,086,000 after purchasing an additional 436 shares during the period. Finally, United Advisor Group LLC grew its holdings in JPMorgan Municipal ETF by 3.4% in the 3rd quarter. United Advisor Group LLC now owns 29,625 shares of the company’s stock valued at $1,519,000 after buying an additional 985 shares in the last quarter.

JPMorgan Municipal ETF Stock Up 1.9 %

JMUB stock opened at $50.76 on Friday. The company has a market cap of $1.41 billion, a PE ratio of 10.19 and a beta of 0.08. The stock’s fifty day moving average price is $50.27 and its two-hundred day moving average price is $50.62.

JPMorgan Municipal ETF Increases Dividend

The firm also recently declared a dividend, which will be paid on Wednesday, March 5th. Investors of record on Monday, March 3rd will be 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 is 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.