Madison Wealth Partners Inc Makes New Investment in JPMorgan Municipal ETF (BATS:JMUB)

Madison Wealth Partners Inc bought a new stake in JPMorgan Municipal ETF (BATS:JMUB) in the second quarter, according to its most recent 13F filing with the Securities & Exchange Commission. The fund bought 4,200 shares of the company’s stock, valued at approximately $212,000.

Several other institutional investors also recently made changes to their positions in JMUB. YHB Investment Advisors Inc. bought a new stake in JPMorgan Municipal ETF in the 1st quarter valued at about $25,000. ICA Group Wealth Management LLC acquired a new stake in shares of JPMorgan Municipal ETF in the fourth quarter valued at approximately $40,000. Financial Gravity Asset Management Inc. bought a new stake in shares of JPMorgan Municipal ETF during the second quarter valued at approximately $58,000. GoalVest Advisory LLC acquired a new position in shares of JPMorgan Municipal ETF during the first quarter worth approximately $79,000. Finally, EverSource Wealth Advisors LLC bought a new position in JPMorgan Municipal ETF in the 1st quarter worth approximately $85,000.

JPMorgan Municipal ETF Trading Up 0.1 %

JMUB opened at $51.23 on Tuesday. The firm has a 50 day simple moving average of $50.87 and a 200 day simple moving average of $50.57. The firm has a market cap of $1.42 billion, a PE ratio of 10.22 and a beta of 0.08.

JPMorgan Municipal ETF Increases Dividend

The firm also recently declared a dividend, which was paid on Thursday, September 5th. Stockholders of record on Tuesday, September 3rd were issued a dividend of $0.1506 per share. This is a positive change from JPMorgan Municipal ETF’s previous dividend of $0.15. The ex-dividend date was Tuesday, September 3rd.

JPMorgan Municipal ETF Company 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.