Bank of America Corp DE Purchases 111,108 Shares of JPMorgan Municipal ETF (BATS:JMUB)

Posted by Editorial Team on May 21st, 2025

Bank of America Corp DE increased its position in shares of JPMorgan Municipal ETF (BATS:JMUB – Free Report) by 47.8% during the 4th quarter, HoldingsChannel reports. The fund owned 343,386 shares of the company’s stock after purchasing an additional 111,108 shares during the quarter. Bank of America Corp DE’s holdings in JPMorgan Municipal ETF were worth $17,221,000 at the end of the most recent quarter.

Other hedge funds have also added to or reduced their stakes in the company. Raymond James Financial Inc. bought a new stake in JPMorgan Municipal ETF during the 4th quarter worth about $63,229,000. Bailard Inc. bought a new stake in shares of JPMorgan Municipal ETF during the fourth quarter worth approximately $36,907,000. TIAA Trust National Association bought a new stake in shares of JPMorgan Municipal ETF during the fourth quarter worth approximately $34,248,000. HighTower Advisors LLC lifted its holdings in JPMorgan Municipal ETF by 147.4% in the fourth quarter. HighTower Advisors LLC now owns 999,722 shares of the company’s stock valued at $50,136,000 after buying an additional 595,710 shares during the period. Finally, Wealthfront Advisers LLC bought a new position in JPMorgan Municipal ETF in the fourth quarter valued at approximately $29,718,000.

JPMorgan Municipal ETF Stock Performance

JMUB opened at $49.48 on Wednesday. The company has a fifty day moving average price of $49.52 and a two-hundred day moving average price of $50.10. The firm has a market capitalization of $2.72 billion, a PE ratio of 9.96 and a beta of 0.22. JPMorgan Municipal ETF has a 52 week low of $47.95 and a 52 week high of $51.31.

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 given a $0.1429 dividend. This is a positive change from JPMorgan Municipal ETF’s previous dividend of $0.13. The ex-dividend date of this dividend was Monday, March 3rd.

JPMorgan Municipal ETF Company 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.