Atria Investments Inc Makes New $208,000 Investment in JPMorgan Municipal ETF (BATS:JMUB)

Atria Investments Inc purchased a new position in shares of JPMorgan Municipal ETF (BATS:JMUB) in the third quarter, HoldingsChannel reports. The institutional investor purchased 4,062 shares of the company’s stock, valued at approximately $208,000.

A number of other institutional investors also recently modified their holdings of the company. LPL Financial LLC raised its stake in shares of JPMorgan Municipal ETF by 11.2% in the second quarter. LPL Financial LLC now owns 2,112,549 shares of the company’s stock valued at $106,420,000 after acquiring an additional 212,185 shares during the last quarter. Northwestern Mutual Wealth Management Co. increased its holdings in shares of JPMorgan Municipal ETF by 9.1% in the second quarter. Northwestern Mutual Wealth Management Co. now owns 1,130,986 shares of the company’s stock valued at $56,973,000 after purchasing an additional 94,579 shares in the last quarter. Raymond James Financial Services Advisors Inc. increased its holdings in shares of JPMorgan Municipal ETF by 205.9% in the second quarter. Raymond James Financial Services Advisors Inc. now owns 853,485 shares of the company’s stock valued at $42,994,000 after purchasing an additional 574,470 shares in the last quarter. Wealth Enhancement Advisory Services LLC increased its holdings in shares of JPMorgan Municipal ETF by 5.2% in the third quarter. Wealth Enhancement Advisory Services LLC now owns 768,550 shares of the company’s stock valued at $39,404,000 after purchasing an additional 38,001 shares in the last quarter. Finally, Envestnet Asset Management Inc. increased its holdings in shares of JPMorgan Municipal ETF by 119.7% in the second quarter. Envestnet Asset Management Inc. now owns 650,088 shares of the company’s stock valued at $32,748,000 after purchasing an additional 354,185 shares in the last quarter.

JPMorgan Municipal ETF Trading Up 0.0 %

Shares of JPMorgan Municipal ETF stock opened at $50.57 on Monday. The firm has a market capitalization of $1.40 billion, a price-to-earnings ratio of 10.22 and a beta of 0.08. The firm has a fifty day moving average of $50.77 and a 200 day moving average of $50.67.

JPMorgan Municipal ETF Increases Dividend

The business also recently declared a dividend, which was paid on Thursday, September 5th. Investors of record on Tuesday, September 3rd were issued a $0.1506 dividend. The ex-dividend date of this dividend was Tuesday, September 3rd. This is a positive change 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.