682,905 Shares in JPMorgan Municipal ETF (BATS:JMUB) Purchased by TIAA Trust National Association

TIAA Trust National Association acquired a new stake in shares of JPMorgan Municipal ETF (BATS:JMUB) in the fourth quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The firm acquired 682,905 shares of the company’s stock, valued at approximately $34,248,000. TIAA Trust National Association owned approximately 2.46% of JPMorgan Municipal ETF as of its most recent filing with the Securities and Exchange Commission.

Several other large investors have also bought and sold shares of the company. Atria Investments Inc bought a new stake in shares of JPMorgan Municipal ETF during the third quarter valued at approximately $208,000. Thrivent Financial for Lutherans boosted its stake in JPMorgan Municipal ETF by 9.2% during the 3rd quarter. Thrivent Financial for Lutherans now owns 31,927 shares of the company’s stock valued at $1,637,000 after purchasing an additional 2,698 shares during the last quarter. Raymond James Trust N.A. bought a new stake in shares of JPMorgan Municipal ETF in the 3rd quarter worth $273,000. Kingsview Wealth Management LLC raised its stake in shares of JPMorgan Municipal ETF by 15.7% in the third quarter. Kingsview Wealth Management LLC now owns 16,139 shares of the company’s stock worth $827,000 after purchasing an additional 2,184 shares during the last quarter. Finally, Larson Financial Group LLC raised its stake in shares of JPMorgan Municipal ETF by 9,594.1% in the third quarter. Larson Financial Group LLC now owns 9,791 shares of the company’s stock worth $502,000 after purchasing an additional 9,690 shares during the last quarter.

JPMorgan Municipal ETF Price Performance

JPMorgan Municipal ETF stock opened at $50.06 on Tuesday. JPMorgan Municipal ETF has a one year low of $49.76 and a one year high of $51.31. The business’s fifty day moving average is $50.31 and its 200 day moving average is $50.55. The stock has a market capitalization of $2.42 billion, a PE ratio of 10.21 and a beta of 0.20.

JPMorgan Municipal ETF Increases Dividend

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

About JPMorgan Municipal ETF

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.