Boyce & Associates Wealth Consulting Inc. Has $900,000 Position in JPMorgan Municipal ETF (BATS:JMUB)

Boyce & Associates Wealth Consulting Inc. raised its stake in JPMorgan Municipal ETF (BATS:JMUB) by 6.0% in the 3rd quarter, Holdings Channel.com reports. The fund owned 17,559 shares of the company’s stock after buying an additional 997 shares during the quarter. JPMorgan Municipal ETF comprises approximately 0.9% of Boyce & Associates Wealth Consulting Inc.’s investment portfolio, making the stock its 21st biggest position. Boyce & Associates Wealth Consulting Inc.’s holdings in JPMorgan Municipal ETF were worth $900,000 as of its most recent SEC filing.

A number of other institutional investors have also recently modified their holdings of JMUB. Vista Investment Management lifted its holdings in shares of JPMorgan Municipal ETF by 3.4% during the 4th quarter. Vista Investment Management now owns 6,925 shares of the company’s stock worth $353,000 after acquiring an additional 225 shares during the period. Freedom Investment Management Inc. acquired a new stake in shares of JPMorgan Municipal ETF in the 4th quarter valued at $2,485,000. United Advisor Group LLC bought a new position in shares of JPMorgan Municipal ETF in the 4th quarter valued at $1,310,000. WNY Asset Management LLC acquired a new position in shares of JPMorgan Municipal ETF during the 4th quarter worth $221,000. Finally, Red Mountain Financial LLC acquired a new position in shares of JPMorgan Municipal ETF during the 4th quarter worth $1,914,000.

JPMorgan Municipal ETF Price Performance

JMUB stock opened at $50.91 on Wednesday. The company has a market capitalization of $1.41 billion, a PE ratio of 10.22 and a beta of 0.08. The business has a 50 day moving average of $51.02 and a 200-day moving average of $50.61.

JPMorgan Municipal ETF Increases Dividend

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

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.