JPMorgan Municipal ETF $JMUB Stock Holdings Decreased by Clark Capital Management Group Inc.

Clark Capital Management Group Inc. lowered its position in shares of JPMorgan Municipal ETF (BATS:JMUB) by 32.6% during the third quarter, Holdings Channel reports. The fund owned 27,130 shares of the company’s stock after selling 13,118 shares during the quarter. Clark Capital Management Group Inc.’s holdings in JPMorgan Municipal ETF were worth $1,369,000 at the end of the most recent quarter.

Several other hedge funds have also made changes to their positions in JMUB. Bank of America Corp DE boosted its stake in JPMorgan Municipal ETF by 13.6% in the 3rd quarter. Bank of America Corp DE now owns 1,251,884 shares of the company’s stock worth $63,183,000 after purchasing an additional 150,212 shares during the period. Ameriprise Financial Inc. raised its stake in JPMorgan Municipal ETF by 43.7% during the 3rd quarter. Ameriprise Financial Inc. now owns 2,246,619 shares of the company’s stock valued at $113,284,000 after purchasing an additional 683,129 shares during the period. Imprint Wealth LLC acquired a new stake in JPMorgan Municipal ETF during the 3rd quarter valued at $63,000. Barnes Wealth Management Group Inc lifted its holdings in shares of JPMorgan Municipal ETF by 9.2% in the third quarter. Barnes Wealth Management Group Inc now owns 13,499 shares of the company’s stock valued at $681,000 after purchasing an additional 1,135 shares in the last quarter. Finally, Invenio Wealth Partners LLC lifted its holdings in shares of JPMorgan Municipal ETF by 0.4% in the third quarter. Invenio Wealth Partners LLC now owns 410,731 shares of the company’s stock valued at $20,730,000 after purchasing an additional 1,560 shares in the last quarter.

JPMorgan Municipal ETF Stock Up 0.0%

Shares of JPMorgan Municipal ETF stock opened at $50.55 on Tuesday. JPMorgan Municipal ETF has a 12 month low of $47.95 and a 12 month high of $51.34. The stock has a market cap of $3.10 billion, a PE ratio of 9.96 and a beta of 0.21. The business has a fifty day simple moving average of $50.85 and a 200-day simple moving average of $50.62.

JPMorgan Municipal ETF Increases Dividend

The firm also recently disclosed a monthly dividend, which was paid on Wednesday, March 4th. Investors of record on Monday, March 2nd were paid a $0.1538 dividend. The ex-dividend date of this dividend was Monday, March 2nd. This represents a c) annualized dividend and a yield of 3.7%. This is an increase from JPMorgan Municipal ETF’s previous monthly dividend of $0.14.

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.