Forvis Mazars Wealth Advisors LLC Buys 81,180 Shares of JPMorgan Municipal ETF (BATS:JMUB)

Forvis Mazars Wealth Advisors LLC raised its stake in JPMorgan Municipal ETF (BATS:JMUB) by 9.6% during the fourth quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The firm owned 924,781 shares of the company’s stock after acquiring an additional 81,180 shares during the period. JPMorgan Municipal ETF comprises about 1.1% of Forvis Mazars Wealth Advisors LLC’s investment portfolio, making the stock its 17th largest position. Forvis Mazars Wealth Advisors LLC’s holdings in JPMorgan Municipal ETF were worth $46,378,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

Other large investors have also recently bought and sold shares of the company. Raymond James & Associates grew its holdings in shares of JPMorgan Municipal ETF by 40.1% during the third quarter. Raymond James & Associates now owns 404,255 shares of the company’s stock worth $20,726,000 after purchasing an additional 115,690 shares during the last quarter. Private Advisor Group LLC grew its holdings in shares of JPMorgan Municipal ETF by 5.0% during the third quarter. Private Advisor Group LLC now owns 87,635 shares of the company’s stock worth $4,493,000 after purchasing an additional 4,181 shares during the last quarter. Smith & Howard Wealth Management LLC grew its holdings in shares of JPMorgan Municipal ETF by 9.8% during the third quarter. Smith & Howard Wealth Management LLC now owns 309,559 shares of the company’s stock worth $15,871,000 after purchasing an additional 27,557 shares during the last quarter. Arkadios Wealth Advisors grew its holdings in shares of JPMorgan Municipal ETF by 8.3% during the third quarter. Arkadios Wealth Advisors now owns 13,660 shares of the company’s stock worth $700,000 after purchasing an additional 1,052 shares during the last quarter. Finally, Wealth Enhancement Advisory Services LLC grew its holdings in shares of JPMorgan Municipal ETF by 5.2% during the third quarter. Wealth Enhancement Advisory Services LLC now owns 768,550 shares of the company’s stock worth $39,404,000 after purchasing an additional 38,001 shares during the last quarter.

JPMorgan Municipal ETF Stock Up 1.3 %

Shares of JMUB stock opened at $50.47 on Friday. The business’s 50 day simple moving average is $50.24 and its two-hundred day simple moving average is $50.63. The company has a market capitalization of $1.40 billion, a PE ratio of 10.19 and a beta of 0.08.

JPMorgan Municipal ETF Cuts Dividend

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