ERn Financial LLC Acquires 6,304 Shares of JPMorgan Ultra-Short Municipal Income ETF (BATS:JMST)

ERn Financial LLC grew its holdings in shares of JPMorgan Ultra-Short Municipal Income ETF (BATS:JMST) by 36.3% during the fourth quarter, according to its most recent 13F filing with the SEC. The institutional investor owned 23,687 shares of the company’s stock after buying an additional 6,304 shares during the period. ERn Financial LLC’s holdings in JPMorgan Ultra-Short Municipal Income ETF were worth $1,201,000 as of its most recent filing with the SEC.

Other institutional investors and hedge funds have also recently modified their holdings of the company. Chesley Taft & Associates LLC boosted its holdings in shares of JPMorgan Ultra-Short Municipal Income ETF by 1.7% during the 4th quarter. Chesley Taft & Associates LLC now owns 41,825 shares of the company’s stock worth $2,122,000 after buying an additional 700 shares in the last quarter. New Capital Management LP bought a new position in shares of JPMorgan Ultra-Short Municipal Income ETF during the 3rd quarter worth approximately $4,839,000. Mercer Global Advisors Inc. ADV boosted its holdings in shares of JPMorgan Ultra-Short Municipal Income ETF by 1.3% during the 3rd quarter. Mercer Global Advisors Inc. ADV now owns 108,715 shares of the company’s stock worth $5,485,000 after buying an additional 1,434 shares in the last quarter. Morningstar Investment Services LLC boosted its holdings in shares of JPMorgan Ultra-Short Municipal Income ETF by 10.7% during the 3rd quarter. Morningstar Investment Services LLC now owns 57,393 shares of the company’s stock worth $2,897,000 after buying an additional 5,556 shares in the last quarter. Finally, LaSalle St. Investment Advisors LLC bought a new position in shares of JPMorgan Ultra-Short Municipal Income ETF in the 3rd quarter worth $291,000.

JPMorgan Ultra-Short Municipal Income ETF Stock Up 0.0 %

Shares of JMST traded up $0.02 during trading hours on Friday, reaching $50.74. The stock had a trading volume of 227,016 shares. The stock’s 50 day moving average is $50.73 and its 200-day moving average is $50.63.

JPMorgan Ultra-Short Municipal Income ETF Cuts Dividend

The company also recently announced a dividend, which will be paid on Thursday, April 4th. Investors of record on Tuesday, April 2nd will be issued a $0.1399 dividend. The ex-dividend date of this dividend is Monday, April 1st.

JPMorgan Ultra-Short Municipal Income ETF Profile

The JPMorgan Ultra-Short Municipal Income ETF (JMST) is an exchange-traded fund that mostly invests in investment grade fixed income. The fund is an actively managed portfolio of US municipal bonds with a weighted average maturity of two years or less. JMST was launched on Oct 16, 2018 and is managed by JPMorgan Chase.