Cahill Financial Advisors Inc. Buys Shares of 5,210 JPMorgan Municipal ETF (BATS:JMUB)

Cahill Financial Advisors Inc. purchased a new position in shares of JPMorgan Municipal ETF (BATS:JMUB) in the third quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The firm purchased 5,210 shares of the company’s stock, valued at approximately $267,000.

A number of other hedge funds and other institutional investors have also made changes to their positions in the company. Raymond James & Associates grew its position in JPMorgan Municipal ETF by 40.1% in the third quarter. Raymond James & Associates now owns 404,255 shares of the company’s stock worth $20,726,000 after acquiring an additional 115,690 shares during the period. Farther Finance Advisors LLC increased its position in shares of JPMorgan Municipal ETF by 45.1% during the 2nd quarter. Farther Finance Advisors LLC now owns 4,498 shares of the company’s stock worth $226,000 after purchasing an additional 1,398 shares during the last quarter. Brookstone Capital Management purchased a new stake in JPMorgan Municipal ETF in the 2nd quarter valued at about $261,000. Chesley Taft & Associates LLC lifted its position in JPMorgan Municipal ETF by 186.3% in the second quarter. Chesley Taft & Associates LLC now owns 19,680 shares of the company’s stock valued at $991,000 after buying an additional 12,805 shares during the last quarter. Finally, Jane Street Group LLC boosted its stake in JPMorgan Municipal ETF by 396.5% during the first quarter. Jane Street Group LLC now owns 108,061 shares of the company’s stock worth $5,483,000 after buying an additional 86,296 shares during the period.

JPMorgan Municipal ETF Trading Up 0.0 %

Shares of JMUB opened at $50.57 on Monday. The company’s fifty day moving average is $50.77 and its 200-day moving average is $50.67. The firm has a market capitalization of $1.40 billion, a PE ratio of 10.22 and a beta of 0.08.

JPMorgan Municipal ETF Increases Dividend

The company also recently announced a dividend, which was paid on Thursday, September 5th. Shareholders of record on Tuesday, September 3rd were given a $0.1506 dividend. This is a positive change from JPMorgan Municipal ETF’s previous dividend of $0.15. The ex-dividend date of this dividend was Tuesday, September 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.