Walkner Condon Financial Advisors LLC Has $1.27 Million Stock Holdings in JPMorgan Municipal ETF $JMUB

Walkner Condon Financial Advisors LLC boosted its stake in JPMorgan Municipal ETF (BATS:JMUB) by 4.2% in the 2nd quarter, Holdings Channel.com reports. The firm owned 25,508 shares of the company’s stock after acquiring an additional 1,028 shares during the quarter. Walkner Condon Financial Advisors LLC’s holdings in JPMorgan Municipal ETF were worth $1,266,000 at the end of the most recent reporting period.

A number of other hedge funds and other institutional investors have also recently modified their holdings of JMUB. ST Germain D J Co. Inc. acquired a new position in shares of JPMorgan Municipal ETF during the second quarter worth $25,000. Financial Gravity Asset Management Inc. acquired a new stake in shares of JPMorgan Municipal ETF during the 1st quarter valued at $28,000. Briaud Financial Planning Inc bought a new stake in JPMorgan Municipal ETF during the 2nd quarter worth $48,000. Abound Wealth Management acquired a new position in JPMorgan Municipal ETF in the 2nd quarter worth about $78,000. Finally, Ameriflex Group Inc. increased its holdings in JPMorgan Municipal ETF by 360.0% in the 2nd quarter. Ameriflex Group Inc. now owns 2,300 shares of the company’s stock worth $114,000 after purchasing an additional 1,800 shares in the last quarter.

JPMorgan Municipal ETF Trading Up 1.8%

JPMorgan Municipal ETF stock opened at $50.68 on Friday. The stock has a 50-day moving average price of $50.40 and a two-hundred day moving average price of $49.75. JPMorgan Municipal ETF has a 12 month low of $47.95 and a 12 month high of $51.31. The company has a market capitalization of $3.11 billion, a PE ratio of 9.96 and a beta of 0.21.

JPMorgan Municipal ETF Cuts Dividend

The firm also recently announced a monthly dividend, which was paid on Thursday, October 23rd. Shareholders of record on Tuesday, October 21st were issued a dividend of $0.1214 per share. This represents a c) dividend on an annualized basis and a yield of 2.9%. The ex-dividend date of this dividend was Tuesday, October 21st.

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.