JPMorgan Municipal ETF (BATS:JMUB) Stake Increased by Chesley Taft & Associates LLC

Chesley Taft & Associates LLC increased its holdings in shares of JPMorgan Municipal ETF (BATS:JMUB) by 284.4% during the fourth quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The institutional investor owned 65,015 shares of the company’s stock after buying an additional 48,100 shares during the quarter. Chesley Taft & Associates LLC’s holdings in JPMorgan Municipal ETF were worth $3,261,000 as of its most recent filing with the Securities and Exchange Commission.

Several other large investors have also recently bought and sold shares of JMUB. Thrivent Financial for Lutherans grew its stake in JPMorgan Municipal ETF by 15.5% during the 2nd quarter. Thrivent Financial for Lutherans now owns 29,229 shares of the company’s stock valued at $1,473,000 after acquiring an additional 3,923 shares in the last quarter. Daymark Wealth Partners LLC boosted its stake in shares of JPMorgan Municipal ETF by 89.6% during the 2nd quarter. Daymark Wealth Partners LLC now owns 20,229 shares of the company’s stock valued at $1,019,000 after buying an additional 9,559 shares during the period. Northwestern Mutual Wealth Management Co. grew its holdings in shares of JPMorgan Municipal ETF by 9.1% during the 2nd quarter. Northwestern Mutual Wealth Management Co. now owns 1,130,986 shares of the company’s stock valued at $56,973,000 after acquiring an additional 94,579 shares in the last quarter. NewEdge Advisors LLC increased its stake in shares of JPMorgan Municipal ETF by 21.0% in the second quarter. NewEdge Advisors LLC now owns 28,626 shares of the company’s stock worth $1,442,000 after acquiring an additional 4,963 shares during the last quarter. Finally, Truist Financial Corp raised its holdings in shares of JPMorgan Municipal ETF by 4.8% during the second quarter. Truist Financial Corp now owns 358,083 shares of the company’s stock worth $18,038,000 after acquiring an additional 16,539 shares in the last quarter.

JPMorgan Municipal ETF Stock Up 0.6 %

Shares of BATS JMUB opened at $50.10 on Tuesday. The company has a 50 day moving average price of $50.44 and a 200-day moving average price of $50.70. The stock has a market capitalization of $1.39 billion, a P/E ratio of 10.22 and a beta of 0.08.

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.