Commonwealth Equity Services LLC Has $11.51 Million Stock Holdings in JPMorgan Ultra-Short Municipal ETF (BATS:JMST)

Commonwealth Equity Services LLC lifted its stake in shares of JPMorgan Ultra-Short Municipal ETF (BATS:JMST) by 4.2% in the fourth quarter, HoldingsChannel.com reports. The institutional investor owned 227,011 shares of the company’s stock after buying an additional 9,125 shares during the quarter. Commonwealth Equity Services LLC’s holdings in JPMorgan Ultra-Short Municipal ETF were worth $11,512,000 as of its most recent filing with the SEC.

Other hedge funds also recently modified their holdings of the company. Assetmark Inc. lifted its stake in shares of JPMorgan Ultra-Short Municipal ETF by 591.3% during the 4th quarter. Assetmark Inc. now owns 1,106 shares of the company’s stock worth $56,000 after buying an additional 946 shares during the last quarter. Legacy Investment Solutions LLC acquired a new stake in JPMorgan Ultra-Short Municipal ETF in the 3rd quarter worth about $60,000. Blue Trust Inc. acquired a new stake in JPMorgan Ultra-Short Municipal ETF in the 4th quarter worth about $82,000. Bank of Jackson Hole Trust acquired a new stake in JPMorgan Ultra-Short Municipal ETF in the 4th quarter worth about $99,000. Finally, Continuum Advisory LLC acquired a new stake in JPMorgan Ultra-Short Municipal ETF in the 3rd quarter worth about $217,000.

JPMorgan Ultra-Short Municipal ETF Trading Up 0.1 %

Shares of JPMorgan Ultra-Short Municipal ETF stock opened at $50.84 on Wednesday. JPMorgan Ultra-Short Municipal ETF has a twelve month low of $50.53 and a twelve month high of $50.97. The company has a 50-day simple moving average of $50.82 and a two-hundred day simple moving average of $50.82.

JPMorgan Ultra-Short Municipal ETF Increases Dividend

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

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.