Vertex Planning Partners LLC Purchases 19,526 Shares of JPMorgan Ultra-Short Municipal ETF $JMST

Vertex Planning Partners LLC boosted its position in shares of JPMorgan Ultra-Short Municipal ETF (BATS:JMST) by 34.6% during the 3rd quarter, according to its most recent 13F filing with the SEC. The fund owned 75,968 shares of the company’s stock after purchasing an additional 19,526 shares during the quarter. Vertex Planning Partners LLC owned about 0.10% of JPMorgan Ultra-Short Municipal ETF worth $3,877,000 at the end of the most recent reporting period.

Several other large investors have also bought and sold shares of JMST. Rice Partnership LLC bought a new stake in shares of JPMorgan Ultra-Short Municipal ETF during the third quarter valued at approximately $43,000. Financial Network Wealth Advisors LLC lifted 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 acquiring an additional 1,013 shares in the last quarter. US Bancorp DE lifted its position in JPMorgan Ultra-Short Municipal ETF by 130.6% in the 3rd quarter. US Bancorp DE now owns 1,153 shares of the company’s stock valued at $59,000 after acquiring an additional 653 shares in the last quarter. Triumph Capital Management purchased a new stake in JPMorgan Ultra-Short Municipal ETF during the 3rd quarter valued at $96,000. Finally, GGM Financials LLC purchased a new stake in JPMorgan Ultra-Short Municipal ETF during the 3rd quarter valued at $100,000.

JPMorgan Ultra-Short Municipal ETF Price Performance

JPMorgan Ultra-Short Municipal ETF stock opened at $51.05 on Wednesday. JPMorgan Ultra-Short Municipal ETF has a 12 month low of $50.42 and a 12 month high of $51.13. The stock has a fifty day simple moving average of $51.06 and a two-hundred day simple moving average of $51.00.

JPMorgan Ultra-Short Municipal ETF Increases Dividend

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

JPMorgan Ultra-Short Municipal 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.