Intrua Financial LLC Has $3.06 Million Stock Position in JPMorgan Municipal ETF $JMUB

Intrua Financial LLC trimmed its position in JPMorgan Municipal ETF (BATS:JMUB) by 9.2% in the second quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The institutional investor owned 61,551 shares of the company’s stock after selling 6,243 shares during the period. Intrua Financial LLC owned approximately 0.10% of JPMorgan Municipal ETF worth $3,055,000 at the end of the most recent quarter.

Several other institutional investors and hedge funds have also added to or reduced their stakes in JMUB. Allworth Financial LP increased its holdings in shares of JPMorgan Municipal ETF by 91.2% during the first quarter. Allworth Financial LP now owns 2,919 shares of the company’s stock valued at $144,000 after acquiring an additional 1,392 shares in the last quarter. Bailard Inc. raised its holdings in JPMorgan Municipal ETF by 48.9% during the first quarter. Bailard Inc. now owns 1,095,717 shares of the company’s stock worth $54,786,000 after buying an additional 359,784 shares during the last quarter. Kingsview Wealth Management LLC raised its holdings in JPMorgan Municipal ETF by 6.4% during the first quarter. Kingsview Wealth Management LLC now owns 16,955 shares of the company’s stock worth $848,000 after buying an additional 1,022 shares during the last quarter. Kooman & Associates grew its holdings in shares of JPMorgan Municipal ETF by 2.5% during the first quarter. Kooman & Associates now owns 33,943 shares of the company’s stock valued at $1,697,000 after buying an additional 841 shares during the last quarter. Finally, Private Advisor Group LLC increased its position in shares of JPMorgan Municipal ETF by 4.6% during the first quarter. Private Advisor Group LLC now owns 92,427 shares of the company’s stock worth $4,621,000 after acquiring an additional 4,037 shares in the last quarter.

JPMorgan Municipal ETF Price Performance

JMUB opened at $50.69 on Friday. The firm has a market capitalization of $3.11 billion, a PE ratio of 9.96 and a beta of 0.21. JPMorgan Municipal ETF has a fifty-two week low of $47.95 and a fifty-two week high of $51.31. The company’s 50-day moving average is $50.52 and its 200 day moving average is $49.80.

JPMorgan Municipal ETF Cuts Dividend

The business also recently announced a monthly dividend, which was paid on Thursday, October 23rd. Stockholders of record on Tuesday, October 21st were issued a $0.1214 dividend. This represents a c) dividend on an annualized basis and a dividend yield of 2.9%. The ex-dividend date was Tuesday, October 21st.

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.