Traders sold shares of JPMorgan Municipal ETF (NYSEARCA:JMUB) on strength during trading hours on Wednesday. $0.05 million flowed into the stock on the tick-up and $24.92 million flowed out of the stock on the tick-down, for a money net flow of $24.87 million out of the stock. Of all companies tracked, JPMorgan Municipal ETF had the 32nd highest net out-flow for the day. JPMorgan Municipal ETF traded up $0.02 for the day and closed at $52.24
The company also recently declared a monthly dividend, which was paid on Tuesday, March 5th. Investors of record on Friday, March 1st were paid a dividend of $0.1149 per share. The ex-dividend date was Thursday, February 28th. This is a positive change from JPMorgan Municipal ETF’s previous monthly dividend of $0.10. This represents a $1.38 dividend on an annualized basis and a yield of 2.64%.
A hedge fund recently bought a new stake in JPMorgan Municipal ETF stock. Jane Street Group LLC purchased a new stake in shares of JPMorgan Municipal ETF (NYSEARCA:JMUB) in the fourth quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The institutional investor purchased 48,584 shares of the company’s stock, valued at approximately $2,492,000. Jane Street Group LLC owned about 9.72% of JPMorgan Municipal ETF at the end of the most recent quarter.
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