Perigon Wealth Management LLC Acquires 49,797 Shares of JPMorgan Municipal ETF $JMUB

Perigon Wealth Management LLC increased its stake in shares of JPMorgan Municipal ETF (BATS:JMUB) by 48.1% during the third quarter, according to its most recent disclosure with the Securities and Exchange Commission. The firm owned 153,407 shares of the company’s stock after acquiring an additional 49,797 shares during the quarter. Perigon Wealth Management LLC owned about 0.25% of JPMorgan Municipal ETF worth $7,742,000 at the end of the most recent reporting period.

Other large investors have also recently bought and sold shares of the company. Apollon Financial LLC boosted its holdings in JPMorgan Municipal ETF by 93.8% in the 3rd quarter. Apollon Financial LLC now owns 19,552 shares of the company’s stock valued at $987,000 after purchasing an additional 9,465 shares during the period. Conrad Siegel Investment Advisors Inc. raised its position in shares of JPMorgan Municipal ETF by 70.0% during the third quarter. Conrad Siegel Investment Advisors Inc. now owns 8,088 shares of the company’s stock valued at $408,000 after buying an additional 3,331 shares during the last quarter. Asio Capital LLC lifted its stake in shares of JPMorgan Municipal ETF by 26.3% in the third quarter. Asio Capital LLC now owns 625,001 shares of the company’s stock valued at $31,544,000 after buying an additional 130,080 shares during the period. Syntegra Private Wealth Group LLC lifted its stake in shares of JPMorgan Municipal ETF by 3.4% in the third quarter. Syntegra Private Wealth Group LLC now owns 204,197 shares of the company’s stock valued at $10,306,000 after buying an additional 6,632 shares during the period. Finally, Capital Advisors Wealth Management LLC grew its position in JPMorgan Municipal ETF by 110.0% during the third quarter. Capital Advisors Wealth Management LLC now owns 34,988 shares of the company’s stock worth $1,766,000 after buying an additional 18,329 shares in the last quarter.

JPMorgan Municipal ETF Stock Up 1.6%

JPMorgan Municipal ETF stock opened at $50.58 on Friday. The business has a 50 day moving average price of $50.63 and a two-hundred day moving average price of $50.06. JPMorgan Municipal ETF has a 12 month low of $47.95 and a 12 month high of $51.31. The stock has a market cap of $3.10 billion, a price-to-earnings ratio of 9.96 and a beta of 0.21.

JPMorgan Municipal ETF Cuts Dividend

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

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.