JPMorgan Ultra-Short Municipal ETF $JMST Shares Acquired by JPMorgan Chase & Co.

JPMorgan Chase & Co. grew its holdings in JPMorgan Ultra-Short Municipal ETF (BATS:JMST) by 18.6% in the 3rd quarter, according to the company in its most recent Form 13F filing with the SEC. The firm owned 1,200,503 shares of the company’s stock after purchasing an additional 188,546 shares during the quarter. JPMorgan Chase & Co.’s holdings in JPMorgan Ultra-Short Municipal ETF were worth $61,274,000 at the end of the most recent reporting period.

A number of other institutional investors have also recently made changes to their positions in the business. Rice Partnership LLC purchased a new stake in JPMorgan Ultra-Short Municipal ETF during the 3rd quarter worth approximately $43,000. Financial Network Wealth Advisors LLC boosted its position in JPMorgan Ultra-Short Municipal ETF by 2,202.2% in the 3rd quarter. Financial Network Wealth Advisors LLC now owns 1,059 shares of the company’s stock valued at $54,000 after buying an additional 1,013 shares during the period. US Bancorp DE grew its stake in shares of JPMorgan Ultra-Short Municipal ETF by 130.6% in the third quarter. US Bancorp DE now owns 1,153 shares of the company’s stock worth $59,000 after acquiring an additional 653 shares in the last quarter. Triumph Capital Management purchased a new stake in shares of JPMorgan Ultra-Short Municipal ETF during the third quarter worth $96,000. Finally, GGM Financials LLC purchased a new stake in shares of JPMorgan Ultra-Short Municipal ETF during the third quarter worth $100,000.

JPMorgan Ultra-Short Municipal ETF Trading Up 0.0%

Shares of BATS JMST opened at $51.03 on Friday. The business’s fifty day simple moving average is $51.06 and its 200-day simple moving average is $51.00. JPMorgan Ultra-Short Municipal ETF has a 12-month low of $50.42 and a 12-month high of $51.13.

JPMorgan Ultra-Short Municipal ETF Increases Dividend

The company also recently disclosed a monthly dividend, which was paid on Wednesday, March 4th. Shareholders of record on Monday, March 2nd were given a $0.1157 dividend. The ex-dividend date of this dividend was Monday, March 2nd. This represents a c) dividend on an annualized basis and a dividend yield of 2.7%. This is a boost from JPMorgan Ultra-Short Municipal ETF’s previous monthly dividend of $0.10.

JPMorgan Ultra-Short Municipal ETF Company 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.