CAP Partners LLC Buys 784 Shares of JPMorgan Ultra-Short Municipal ETF (BATS:JMST)

CAP Partners LLC boosted its position in shares of JPMorgan Ultra-Short Municipal ETF (BATS:JMST) by 13.4% during the third quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The firm owned 6,643 shares of the company’s stock after acquiring an additional 784 shares during the period. CAP Partners LLC’s holdings in JPMorgan Ultra-Short Municipal ETF were worth $338,000 at the end of the most recent quarter.

Several other large investors have also added to or reduced their stakes in JMST. Thrivent Financial for Lutherans increased its stake in shares of JPMorgan Ultra-Short Municipal ETF by 20.3% in the third quarter. Thrivent Financial for Lutherans now owns 451,352 shares of the company’s stock worth $22,992,000 after purchasing an additional 76,131 shares in the last quarter. River Street Advisors LLC bought a new position in JPMorgan Ultra-Short Municipal ETF in the 3rd quarter worth $30,000. Diversified Portfolios Inc. increased its stake in JPMorgan Ultra-Short Municipal ETF by 112.3% in the 3rd quarter. Diversified Portfolios Inc. now owns 66,206 shares of the company’s stock worth $3,373,000 after buying an additional 35,019 shares in the last quarter. Intelligence Driven Advisers LLC bought a new stake in JPMorgan Ultra-Short Municipal ETF during the third quarter valued at about $622,000. Finally, Main Street Financial Solutions LLC raised its holdings in JPMorgan Ultra-Short Municipal ETF by 33.1% during the third quarter. Main Street Financial Solutions LLC now owns 15,735 shares of the company’s stock valued at $802,000 after acquiring an additional 3,910 shares during the period.

JPMorgan Ultra-Short Municipal ETF Price Performance

BATS JMST opened at $50.82 on Monday. The stock has a fifty day simple moving average of $50.82 and a 200-day simple moving average of $50.77.

JPMorgan Ultra-Short Municipal ETF Increases Dividend

The firm also recently declared a dividend, which was paid on Thursday, September 5th. Shareholders of record on Tuesday, September 3rd were paid a $0.1451 dividend. This is an increase from JPMorgan Ultra-Short Municipal ETF’s previous dividend of $0.14. The ex-dividend date of this dividend was Tuesday, September 3rd.

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.