JPMorgan Ultra-Short Municipal ETF (BATS:JMST) Shares Purchased by Jones Financial Companies Lllp

Jones Financial Companies Lllp increased its stake in JPMorgan Ultra-Short Municipal ETF (BATS:JMST) by 168.9% during the 4th quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission. The institutional investor owned 79,755 shares of the company’s stock after acquiring an additional 50,100 shares during the period. Jones Financial Companies Lllp owned approximately 0.15% of JPMorgan Ultra-Short Municipal ETF worth $4,044,000 at the end of the most recent reporting period.

Other hedge funds also recently bought and sold shares of the company. GAMMA Investing LLC increased its holdings in JPMorgan Ultra-Short Municipal ETF by 22.7% in the fourth quarter. GAMMA Investing LLC now owns 17,228 shares of the company’s stock valued at $874,000 after buying an additional 3,192 shares during the last quarter. JPMorgan Chase & Co. lifted its position in shares of JPMorgan Ultra-Short Municipal ETF by 8.9% during the 3rd quarter. JPMorgan Chase & Co. now owns 864,940 shares of the company’s stock worth $44,060,000 after buying an additional 70,821 shares during the last quarter. Stratos Wealth Partners LTD. boosted its stake in JPMorgan Ultra-Short Municipal ETF by 14.4% in the fourth quarter. Stratos Wealth Partners LTD. now owns 41,649 shares of the company’s stock valued at $2,112,000 after acquiring an additional 5,232 shares in the last quarter. Townsquare Capital LLC boosted its position in shares of JPMorgan Ultra-Short Municipal ETF by 29.3% in the 3rd quarter. Townsquare Capital LLC now owns 9,815 shares of the company’s stock valued at $500,000 after purchasing an additional 2,227 shares during the period. Finally, Truist Financial Corp grew its stake in JPMorgan Ultra-Short Municipal ETF by 4.0% during the 4th quarter. Truist Financial Corp now owns 80,823 shares of the company’s stock worth $4,099,000 after buying an additional 3,113 shares during the last quarter.

JPMorgan Ultra-Short Municipal ETF Price Performance

Shares of BATS JMST opened at $50.81 on Wednesday. The company has a fifty day moving average price of $50.81 and a 200 day moving average price of $50.82.

JPMorgan Ultra-Short Municipal ETF Increases Dividend

The business also recently announced a dividend, which will be paid on Wednesday, March 5th. Stockholders of record on Monday, March 3rd will be issued a $0.1277 dividend. The ex-dividend date is Monday, March 3rd. This is a positive change from JPMorgan Ultra-Short Municipal ETF’s previous dividend of $0.12.

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.