Tyler Stone Wealth Management Has $676,000 Holdings in JPMorgan Ultra-Short Municipal ETF (BATS:JMST)

Tyler Stone Wealth Management boosted its holdings in shares of JPMorgan Ultra-Short Municipal ETF (BATS:JMST) by 18.9% during the 4th quarter, HoldingsChannel reports. The institutional investor owned 13,338 shares of the company’s stock after buying an additional 2,120 shares during the period. Tyler Stone Wealth Management’s holdings in JPMorgan Ultra-Short Municipal ETF were worth $676,000 as of its most recent SEC filing.

Several other institutional investors also recently bought and sold shares of JMST. Ariadne Wealth Management LP bought a new stake in shares of JPMorgan Ultra-Short Municipal ETF during the 4th quarter worth $2,020,000. Ashton Thomas Securities LLC boosted its holdings in JPMorgan Ultra-Short Municipal ETF by 13.1% during the fourth quarter. Ashton Thomas Securities LLC now owns 27,269 shares of the company’s stock valued at $1,383,000 after acquiring an additional 3,154 shares during the period. Interchange Capital Partners LLC grew its position in shares of JPMorgan Ultra-Short Municipal ETF by 45.6% in the fourth quarter. Interchange Capital Partners LLC now owns 164,661 shares of the company’s stock valued at $8,350,000 after purchasing an additional 51,599 shares during the last quarter. Woodmont Investment Counsel LLC grew its position in shares of JPMorgan Ultra-Short Municipal ETF by 2.6% in the fourth quarter. Woodmont Investment Counsel LLC now owns 20,579 shares of the company’s stock valued at $1,044,000 after purchasing an additional 525 shares during the last quarter. Finally, Congress Wealth Management LLC DE bought a new position in shares of JPMorgan Ultra-Short Municipal ETF in the fourth quarter worth about $425,000.

JPMorgan Ultra-Short Municipal ETF Price Performance

JMST opened at $50.84 on Thursday. The business has a 50 day moving average of $50.83 and a 200-day moving average of $50.81. JPMorgan Ultra-Short Municipal ETF has a 1-year low of $50.53 and a 1-year high of $50.98.

JPMorgan Ultra-Short Municipal ETF Increases Dividend

The company also recently disclosed a dividend, which was paid on Wednesday, March 5th. Stockholders of record on Monday, March 3rd were given a dividend of $0.1277 per share. The ex-dividend date was Monday, March 3rd. This is a boost from JPMorgan Ultra-Short Municipal ETF’s previous dividend of $0.12.

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.