Souders Financial Advisors Buys 622 Shares of JPMorgan Ultra-Short Municipal ETF (BATS:JMST)

Souders Financial Advisors grew its stake in shares of JPMorgan Ultra-Short Municipal ETF (BATS:JMST) by 5.8% in the third quarter, according to its most recent filing with the Securities & Exchange Commission. The firm owned 11,359 shares of the company’s stock after acquiring an additional 622 shares during the period. Souders Financial Advisors’ holdings in JPMorgan Ultra-Short Municipal ETF were worth $579,000 at the end of the most recent reporting period.

Several other large investors also recently modified their holdings of JMST. Aptus Capital Advisors LLC increased its holdings in JPMorgan Ultra-Short Municipal ETF by 129.9% in the 3rd quarter. Aptus Capital Advisors LLC now owns 163,063 shares of the company’s stock worth $8,306,000 after acquiring an additional 92,132 shares during the last quarter. Prime Capital Investment Advisors LLC purchased a new position in shares of JPMorgan Ultra-Short Municipal ETF in the third quarter worth about $288,000. Apollon Wealth Management LLC raised its position in shares of JPMorgan Ultra-Short Municipal ETF by 5.0% in the third quarter. Apollon Wealth Management LLC now owns 7,244 shares of the company’s stock valued at $369,000 after purchasing an additional 348 shares during the period. Venturi Wealth Management LLC lifted its stake in shares of JPMorgan Ultra-Short Municipal ETF by 31.9% during the 3rd quarter. Venturi Wealth Management LLC now owns 48,162 shares of the company’s stock valued at $2,453,000 after buying an additional 11,639 shares in the last quarter. Finally, 1900 Wealth Management LLC boosted its holdings in JPMorgan Ultra-Short Municipal ETF by 32.2% in the 3rd quarter. 1900 Wealth Management LLC now owns 43,914 shares of the company’s stock worth $2,228,000 after buying an additional 10,699 shares during the period.

JPMorgan Ultra-Short Municipal ETF Stock Performance

Shares of JMST stock opened at $50.75 on Wednesday. The firm’s 50-day simple moving average is $50.83 and its two-hundred day simple moving average is $50.77.

JPMorgan Ultra-Short Municipal ETF Increases Dividend

The company also recently disclosed a dividend, which was paid on Thursday, September 5th. Investors of record on Tuesday, September 3rd were paid a dividend of $0.1451 per share. The ex-dividend date of this dividend was Tuesday, September 3rd. This is a boost from JPMorgan Ultra-Short Municipal ETF’s previous dividend of $0.14.

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.