Lineweaver Wealth Advisors LLC Has $1.62 Million Holdings in JPMorgan Municipal ETF (BATS:JMUB)

Lineweaver Wealth Advisors LLC boosted its position in JPMorgan Municipal ETF (BATS:JMUB) by 10.3% in the fourth quarter, HoldingsChannel.com reports. The institutional investor owned 32,278 shares of the company’s stock after acquiring an additional 3,020 shares during the quarter. Lineweaver Wealth Advisors LLC’s holdings in JPMorgan Municipal ETF were worth $1,619,000 as of its most recent SEC filing.

Other institutional investors have also added to or reduced their stakes in the company. Fifth Third Securities Inc. grew its stake in JPMorgan Municipal ETF by 3.7% in the fourth quarter. Fifth Third Securities Inc. now owns 8,290 shares of the company’s stock valued at $416,000 after acquiring an additional 292 shares during the period. Stone Point Wealth LLC lifted its holdings in shares of JPMorgan Municipal ETF by 3.3% in the 3rd quarter. Stone Point Wealth LLC now owns 9,496 shares of the company’s stock worth $487,000 after purchasing an additional 300 shares in the last quarter. D Orazio & Associates Inc. grew its position in JPMorgan Municipal ETF by 6.6% in the 3rd quarter. D Orazio & Associates Inc. now owns 4,975 shares of the company’s stock valued at $255,000 after purchasing an additional 308 shares during the period. Walkner Condon Financial Advisors LLC grew its holdings in shares of JPMorgan Municipal ETF by 1.4% during the fourth quarter. Walkner Condon Financial Advisors LLC now owns 22,206 shares of the company’s stock valued at $1,114,000 after buying an additional 313 shares during the last quarter. Finally, Meridian Financial LLC increased its holdings in JPMorgan Municipal ETF by 6.8% during the 4th quarter. Meridian Financial LLC now owns 5,938 shares of the company’s stock worth $298,000 after purchasing an additional 378 shares in the last quarter.

JPMorgan Municipal ETF Price Performance

BATS JMUB opened at $50.73 on Thursday. The company has a 50 day moving average of $50.25 and a two-hundred day moving average of $50.63. The stock has a market cap of $1.41 billion, a price-to-earnings ratio of 10.19 and a beta of 0.08.

JPMorgan Municipal ETF Cuts Dividend

The company also recently announced a dividend, which was paid on Wednesday, February 5th. Stockholders of record on Monday, February 3rd were paid a $0.1299 dividend. The ex-dividend date was Monday, February 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.