Investors Sell JPMorgan Municipal ETF (JMUB) on Strength (JMUB)

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Traders sold shares of JPMorgan Municipal ETF (NYSEARCA:JMUB) on strength during trading on Friday. $0.37 million flowed into the stock on the tick-up and $25.18 million flowed out of the stock on the tick-down, for a money net flow of $24.81 million out of the stock. Of all companies tracked, JPMorgan Municipal ETF had the 0th highest net out-flow for the day. JPMorgan Municipal ETF traded up $0.22 for the day and closed at $52.55

The company also recently declared a monthly dividend, which was paid on Tuesday, March 5th. Stockholders of record on Friday, March 1st were issued a dividend of $0.1149 per share. This represents a $1.38 annualized dividend and a dividend yield of 2.62%. This is a boost from JPMorgan Municipal ETF’s previous monthly dividend of $0.10. The ex-dividend date of this dividend was Thursday, February 28th.

An institutional investor recently bought a new position in JPMorgan Municipal ETF stock. Jane Street Group LLC bought a new position in JPMorgan Municipal ETF (NYSEARCA:JMUB) during the fourth quarter, according to its most recent disclosure with the SEC. The firm bought 48,584 shares of the company’s stock, valued at approximately $2,492,000. Jane Street Group LLC owned 9.72% of JPMorgan Municipal ETF as of its most recent filing with the SEC.

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