Cliftonlarsonallen Wealth Advisors LLC Boosts Holdings in JPMorgan Municipal ETF $JMUB

Cliftonlarsonallen Wealth Advisors LLC lifted its stake in shares of JPMorgan Municipal ETF (BATS:JMUB) by 46.9% during the 3rd quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The firm owned 43,132 shares of the company’s stock after buying an additional 13,779 shares during the quarter. Cliftonlarsonallen Wealth Advisors LLC’s holdings in JPMorgan Municipal ETF were worth $2,177,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

A number of other institutional investors also recently bought and sold shares of the stock. ST Germain D J Co. Inc. bought a new stake in JPMorgan Municipal ETF during the 2nd quarter valued at approximately $25,000. Financial Gravity Companies Inc. bought a new position in shares of JPMorgan Municipal ETF in the 2nd quarter worth approximately $28,000. Briaud Financial Planning Inc purchased a new position in shares of JPMorgan Municipal ETF in the 2nd quarter valued at approximately $48,000. Abound Wealth Management purchased a new position in shares of JPMorgan Municipal ETF in the 2nd quarter valued at approximately $78,000. Finally, Cape Investment Advisory Inc. boosted its position in shares of JPMorgan Municipal ETF by 698.2% during the second quarter. Cape Investment Advisory Inc. now owns 1,740 shares of the company’s stock valued at $86,000 after purchasing an additional 1,522 shares in the last quarter.

JPMorgan Municipal ETF Trading Up 1.5%

JMUB opened at $50.56 on Tuesday. The company has a market cap of $3.10 billion, a price-to-earnings ratio of 9.96 and a beta of 0.21. The stock has a fifty day simple moving average of $50.63 and a two-hundred day simple moving average of $50.03. JPMorgan Municipal ETF has a 12-month low of $47.95 and a 12-month high of $51.31.

JPMorgan Municipal ETF Cuts Dividend

The firm also recently declared a monthly dividend, which was paid on Thursday, October 23rd. Investors of record on Tuesday, October 21st were paid a $0.1214 dividend. This represents a c) annualized dividend and a dividend yield of 2.9%. The ex-dividend date was Tuesday, October 21st.

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.