EverSource Wealth Advisors LLC Sells 483 Shares of JPMorgan Municipal ETF (BATS:JMUB)

EverSource Wealth Advisors LLC decreased its position in shares of JPMorgan Municipal ETF (BATS:JMUB) by 27.4% in the 4th quarter, Holdings Channel reports. The firm owned 1,281 shares of the company’s stock after selling 483 shares during the quarter. EverSource Wealth Advisors LLC’s holdings in JPMorgan Municipal ETF were worth $64,000 at the end of the most recent quarter.

Several other hedge funds have also recently added to or reduced their stakes in the company. LPL Financial LLC raised its holdings in JPMorgan Municipal ETF by 18.7% during the 3rd quarter. LPL Financial LLC now owns 2,506,748 shares of the company’s stock worth $128,521,000 after purchasing an additional 394,199 shares during the last quarter. Raymond James Financial Inc. bought a new position in JPMorgan Municipal ETF during the 4th quarter worth approximately $63,229,000. HighTower Advisors LLC raised its holdings in JPMorgan Municipal ETF by 147.4% during the 4th quarter. HighTower Advisors LLC now owns 999,722 shares of the company’s stock worth $50,136,000 after purchasing an additional 595,710 shares during the last quarter. Forvis Mazars Wealth Advisors LLC raised its holdings in JPMorgan Municipal ETF by 9.6% during the 4th quarter. Forvis Mazars Wealth Advisors LLC now owns 924,781 shares of the company’s stock worth $46,378,000 after purchasing an additional 81,180 shares during the last quarter. Finally, Bailard Inc. bought a new position in JPMorgan Municipal ETF during the 4th quarter worth approximately $36,907,000.

JPMorgan Municipal ETF Stock Performance

JPMorgan Municipal ETF stock opened at $50.17 on Thursday. JPMorgan Municipal ETF has a 52-week low of $49.76 and a 52-week high of $51.31. The firm has a 50 day moving average price of $50.30 and a two-hundred day moving average price of $50.57. The firm has a market cap of $2.43 billion, a price-to-earnings ratio of 10.21 and a beta of 0.20.

JPMorgan Municipal ETF Increases Dividend

The business also recently disclosed a dividend, which was paid on Wednesday, March 5th. Stockholders of record on Monday, March 3rd were paid a $0.1429 dividend. The ex-dividend date was Monday, March 3rd. This is a positive change from JPMorgan Municipal ETF’s previous dividend of $0.13.

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.