Choreo LLC Purchases Shares of 17,168 JPMorgan Municipal ETF (BATS:JMUB)

Choreo LLC purchased a new stake in JPMorgan Municipal ETF (BATS:JMUB) during the second quarter, according to its most recent Form 13F filing with the SEC. The fund purchased 17,168 shares of the company’s stock, valued at approximately $861,000. Choreo LLC owned 0.06% of JPMorgan Municipal ETF as of its most recent filing with the SEC.

Several other large investors have also recently made changes to their positions in JMUB. Raymond James Financial Services Advisors Inc. lifted its stake in JPMorgan Municipal ETF by 205.9% during the 2nd quarter. Raymond James Financial Services Advisors Inc. now owns 853,485 shares of the company’s stock worth $42,994,000 after acquiring an additional 574,470 shares in the last quarter. Morningstar Investment Services LLC boosted its stake in shares of JPMorgan Municipal ETF by 96.9% in the fourth quarter. Morningstar Investment Services LLC now owns 812,766 shares of the company’s stock valued at $41,431,000 after purchasing an additional 399,905 shares during the period. Wealth Enhancement Advisory Services LLC grew its holdings in shares of JPMorgan Municipal ETF by 2.6% in the second quarter. Wealth Enhancement Advisory Services LLC now owns 730,549 shares of the company’s stock valued at $36,801,000 after purchasing an additional 18,467 shares in the last quarter. FORVIS Wealth Advisors LLC increased its stake in JPMorgan Municipal ETF by 40.5% during the 1st quarter. FORVIS Wealth Advisors LLC now owns 727,190 shares of the company’s stock worth $36,898,000 after buying an additional 209,487 shares during the period. Finally, Avantax Planning Partners Inc. increased its stake in JPMorgan Municipal ETF by 21.7% during the 4th quarter. Avantax Planning Partners Inc. now owns 582,260 shares of the company’s stock worth $29,672,000 after buying an additional 103,995 shares during the period.

JPMorgan Municipal ETF Price Performance

Shares of JMUB stock opened at $51.18 on Friday. The firm has a 50 day simple moving average of $50.85 and a 200 day simple moving average of $50.57. The stock has a market cap of $1.42 billion, a PE ratio of 10.22 and a beta of 0.08.

JPMorgan Municipal ETF Increases Dividend

The business 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. This is a boost from JPMorgan Municipal ETF’s previous dividend of $0.15. The ex-dividend date was Tuesday, September 3rd.

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.