LPL Financial LLC Boosts Position in JPMorgan Municipal ETF (BATS:JMUB)

Posted by Carolyn Dwyer on Mar 25th, 2025

LPL Financial LLC raised its holdings in shares of JPMorgan Municipal ETF (BATS:JMUB – Free Report) by 6.1% during the fourth quarter, HoldingsChannel reports. The institutional investor owned 2,659,326 shares of the company’s stock after acquiring an additional 152,578 shares during the quarter. LPL Financial LLC owned 0.10% of JPMorgan Municipal ETF worth $133,365,000 at the end of the most recent quarter.

Several other institutional investors also recently bought and sold shares of the business. 1620 Investment Advisors Inc. purchased a new stake in shares of JPMorgan Municipal ETF in the fourth quarter worth about $44,000. Sunbelt Securities Inc. boosted its holdings in JPMorgan Municipal ETF by 208.0% in the 3rd quarter. Sunbelt Securities Inc. now owns 1,118 shares of the company’s stock worth $57,000 after acquiring an additional 755 shares during the period. Allworth Financial LP acquired a new stake in JPMorgan Municipal ETF in the fourth quarter valued at approximately $77,000. Hollencrest Capital Management acquired a new stake in JPMorgan Municipal ETF during the 4th quarter valued at $138,000. Finally, Blue Investment Partners LLC acquired a new position in JPMorgan Municipal ETF in the 3rd quarter worth $203,000.

JPMorgan Municipal ETF Price Performance

Shares of JPMorgan Municipal ETF stock opened at $50.06 on Tuesday. JPMorgan Municipal ETF has a 1-year low of $49.76 and a 1-year high of $51.31. The company has a market capitalization of $2.42 billion, a PE ratio of 10.21 and a beta of 0.20. The business has a 50-day moving average of $50.31 and a 200-day moving average of $50.55.

JPMorgan Municipal ETF Increases Dividend

The firm also recently disclosed a dividend, which was paid on Wednesday, March 5th. Shareholders of record on Monday, March 3rd were issued a dividend of $0.1429 per share. The ex-dividend date was Monday, March 3rd. This is an increase from JPMorgan Municipal ETF’s previous dividend of $0.13.

JPMorgan Municipal ETF Profile

(Free Report)

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.