Impact Capital Partners LLC Takes $868,000 Position in JPMorgan Ultra-Short Municipal ETF (BATS:JMST)

Impact Capital Partners LLC purchased a new stake in JPMorgan Ultra-Short Municipal ETF (BATS:JMST) during the fourth quarter, according to its most recent Form 13F filing with the SEC. The fund purchased 17,122 shares of the company’s stock, valued at approximately $868,000.

A number of other institutional investors and hedge funds have also made changes to their positions in JMST. John W. Brooker & Co. CPAs increased its stake in JPMorgan Ultra-Short Municipal ETF by 1.0% during the 4th quarter. John W. Brooker & Co. CPAs now owns 27,303 shares of the company’s stock worth $1,385,000 after buying an additional 267 shares during the period. IFP Advisors Inc increased its stake in JPMorgan Ultra-Short Municipal ETF by 0.7% during the 4th quarter. IFP Advisors Inc now owns 43,456 shares of the company’s stock worth $2,204,000 after buying an additional 282 shares during the period. Meridian Financial LLC increased its stake in JPMorgan Ultra-Short Municipal ETF by 6.9% during the 4th quarter. Meridian Financial LLC now owns 5,022 shares of the company’s stock worth $255,000 after buying an additional 322 shares during the period. Gradient Capital Advisors LLC increased its stake in JPMorgan Ultra-Short Municipal ETF by 4.3% during the 4th quarter. Gradient Capital Advisors LLC now owns 8,127 shares of the company’s stock worth $412,000 after buying an additional 333 shares during the period. Finally, Apollon Wealth Management LLC increased its stake in JPMorgan Ultra-Short Municipal ETF by 5.0% during the 3rd quarter. Apollon Wealth Management LLC now owns 7,244 shares of the company’s stock worth $369,000 after buying an additional 348 shares during the period.

JPMorgan Ultra-Short Municipal ETF Stock Up 0.0 %

Shares of JMST opened at $50.78 on Thursday. JPMorgan Ultra-Short Municipal ETF has a fifty-two week low of $50.53 and a fifty-two week high of $50.97. The firm’s 50 day moving average price is $50.81 and its 200 day moving average price is $50.82.

JPMorgan Ultra-Short Municipal ETF Increases Dividend

The company also recently declared a dividend, which was paid on Wednesday, March 5th. Shareholders of record on Monday, March 3rd were issued a dividend of $0.1277 per share. The ex-dividend date of this dividend 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.