BlueStem Wealth Partners LLC Purchases Shares of 388,265 JPMorgan Municipal ETF (BATS:JMUB)

BlueStem Wealth Partners LLC purchased a new stake in JPMorgan Municipal ETF (BATS:JMUB) during the 4th quarter, according to its most recent Form 13F filing with the SEC. The institutional investor purchased 388,265 shares of the company’s stock, valued at approximately $19,471,000. JPMorgan Municipal ETF accounts for about 2.6% of BlueStem Wealth Partners LLC’s portfolio, making the stock its 11th biggest position. BlueStem Wealth Partners LLC owned about 1.40% of JPMorgan Municipal ETF at the end of the most recent reporting period.

Several other large investors have also recently bought and sold shares of the stock. Fifth Third Securities Inc. increased its stake in JPMorgan Municipal ETF by 3.7% in the fourth quarter. Fifth Third Securities Inc. now owns 8,290 shares of the company’s stock valued at $416,000 after purchasing an additional 292 shares in the last quarter. Stone Point Wealth LLC increased its stake in JPMorgan Municipal ETF by 3.3% in the third quarter. Stone Point Wealth LLC now owns 9,496 shares of the company’s stock valued at $487,000 after purchasing an additional 300 shares in the last quarter. D Orazio & Associates Inc. grew its holdings in shares of JPMorgan Municipal ETF by 6.6% during the third quarter. D Orazio & Associates Inc. now owns 4,975 shares of the company’s stock valued at $255,000 after buying an additional 308 shares during the last quarter. Walkner Condon Financial Advisors LLC grew its holdings in shares of JPMorgan Municipal ETF by 1.4% during the fourth quarter. Walkner Condon Financial Advisors LLC now owns 22,206 shares of the company’s stock valued at $1,114,000 after buying an additional 313 shares during the last quarter. Finally, Meridian Financial LLC grew its holdings in shares of JPMorgan Municipal ETF by 6.8% during the fourth quarter. Meridian Financial LLC now owns 5,938 shares of the company’s stock valued at $298,000 after buying an additional 378 shares during the last quarter.

JPMorgan Municipal ETF Price Performance

Shares of BATS JMUB opened at $50.76 on Friday. The firm has a market capitalization of $1.41 billion, a PE ratio of 10.19 and a beta of 0.08. The firm’s 50-day simple moving average is $50.27 and its 200-day simple moving average is $50.62.

JPMorgan Municipal ETF Increases Dividend

The firm also recently disclosed a dividend, which will be paid on Wednesday, March 5th. Stockholders of record on Monday, March 3rd will be issued a dividend of $0.1429 per share. This is a boost from JPMorgan Municipal ETF’s previous dividend of $0.13. The ex-dividend date of this dividend is Monday, March 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.