Chesley Taft & Associates LLC Boosts Stock Position in JPMorgan Municipal ETF (BATS:JMUB)

Chesley Taft & Associates LLC boosted its holdings in JPMorgan Municipal ETF (BATS:JMUB) by 186.3% during the 2nd quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The fund owned 19,680 shares of the company’s stock after purchasing an additional 12,805 shares during the period. Chesley Taft & Associates LLC’s holdings in JPMorgan Municipal ETF were worth $991,000 as of its most recent SEC filing.

Other hedge funds and other institutional investors have also bought and sold shares of the company. Family Investment Center Inc. lifted its position in shares of JPMorgan Municipal ETF by 64.0% during the 2nd quarter. Family Investment Center Inc. now owns 21,462 shares of the company’s stock valued at $1,081,000 after buying an additional 8,372 shares during the last quarter. Raymond James & Associates lifted its position in shares of JPMorgan Municipal ETF by 34.7% during the 2nd quarter. Raymond James & Associates now owns 288,565 shares of the company’s stock valued at $14,536,000 after buying an additional 74,287 shares during the last quarter. Summit Financial Strategies Inc. lifted its position in shares of JPMorgan Municipal ETF by 1,731.3% during the 2nd quarter. Summit Financial Strategies Inc. now owns 72,265 shares of the company’s stock valued at $3,640,000 after buying an additional 68,319 shares during the last quarter. FMA Wealth Management LLC lifted its position in shares of JPMorgan Municipal ETF by 41.9% during the 2nd quarter. FMA Wealth Management LLC now owns 57,924 shares of the company’s stock valued at $2,918,000 after buying an additional 17,100 shares during the last quarter. Finally, WealthCare Investment Partners LLC lifted its position in shares of JPMorgan Municipal ETF by 7.8% during the 2nd quarter. WealthCare Investment Partners LLC now owns 58,165 shares of the company’s stock valued at $2,930,000 after buying an additional 4,197 shares during the last quarter.

JPMorgan Municipal ETF Price Performance

Shares of BATS JMUB opened at $50.85 on Monday. The company’s 50 day moving average price is $50.64 and its two-hundred day moving average price is $50.53. The stock has a market cap of $1.41 billion, a PE ratio of 10.22 and a beta of 0.08.

JPMorgan Municipal ETF Cuts Dividend

The business also recently disclosed a dividend, which was paid on Wednesday, July 3rd. Investors of record on Monday, July 1st were issued a dividend of $0.1482 per share. The ex-dividend date of this dividend was Monday, July 1st.

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.