JPMorgan Municipal ETF (BATS:JMUB) Stock Position Reduced by Sigma Planning Corp

Sigma Planning Corp decreased its position in JPMorgan Municipal ETF (BATS:JMUB) by 5.8% in the 3rd quarter, Holdings Channel.com reports. The fund owned 8,482 shares of the company’s stock after selling 521 shares during the period. Sigma Planning Corp’s holdings in JPMorgan Municipal ETF were worth $435,000 as of its most recent filing with the Securities and Exchange Commission.

A number of other institutional investors have also made changes to their positions in JMUB. Raymond James & Associates boosted its holdings in JPMorgan Municipal ETF by 40.1% in the third quarter. Raymond James & Associates now owns 404,255 shares of the company’s stock worth $20,726,000 after purchasing an additional 115,690 shares during the period. Farther Finance Advisors LLC boosted its holdings in shares of JPMorgan Municipal ETF by 45.1% in the 2nd quarter. Farther Finance Advisors LLC now owns 4,498 shares of the company’s stock valued at $226,000 after buying an additional 1,398 shares during the period. Brookstone Capital Management acquired a new position in shares of JPMorgan Municipal ETF in the 2nd quarter valued at about $261,000. Chesley Taft & Associates LLC grew its position in shares of JPMorgan Municipal ETF by 186.3% during the 2nd quarter. Chesley Taft & Associates LLC now owns 19,680 shares of the company’s stock valued at $991,000 after buying an additional 12,805 shares during the last quarter. Finally, Jane Street Group LLC raised its stake in JPMorgan Municipal ETF by 396.5% during the first quarter. Jane Street Group LLC now owns 108,061 shares of the company’s stock worth $5,483,000 after acquiring an additional 86,296 shares during the period.

JPMorgan Municipal ETF Stock Up 0.1 %

Shares of BATS JMUB opened at $50.54 on Friday. The stock has a 50-day simple moving average of $50.84 and a 200-day simple moving average of $50.66. The company has a market capitalization of $1.40 billion, a PE ratio of 10.22 and a beta of 0.08.

JPMorgan Municipal ETF Increases Dividend

The business also recently declared a dividend, which was paid on Thursday, September 5th. Investors of record on Tuesday, September 3rd were issued a $0.1506 dividend. This is an increase from JPMorgan Municipal ETF’s previous dividend of $0.15. The ex-dividend date was Tuesday, September 3rd.

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.