NewEdge Advisors LLC Raises Stock Position in JPMorgan Ultra-Short Municipal ETF (BATS:JMST)

NewEdge Advisors LLC lifted its holdings in JPMorgan Ultra-Short Municipal ETF (BATS:JMST) by 400.5% in the second quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The fund owned 201,965 shares of the company’s stock after acquiring an additional 161,613 shares during the period. NewEdge Advisors LLC owned 0.39% of JPMorgan Ultra-Short Municipal ETF worth $10,249,000 at the end of the most recent quarter.

Other institutional investors and hedge funds also recently added to or reduced their stakes in the company. Chris Bulman Inc purchased a new stake in JPMorgan Ultra-Short Municipal ETF in the 2nd quarter worth about $35,000. Financial Perspectives Inc purchased a new stake in shares of JPMorgan Ultra-Short Municipal ETF during the second quarter valued at $40,000. GAMMA Investing LLC bought a new position in shares of JPMorgan Ultra-Short Municipal ETF in the first quarter worth about $50,000. Larson Financial Group LLC bought a new position in JPMorgan Ultra-Short Municipal ETF in the 2nd quarter worth about $50,000. Finally, Cooksen Wealth LLC bought a new stake in shares of JPMorgan Ultra-Short Municipal ETF during the fourth quarter valued at approximately $51,000.

JPMorgan Ultra-Short Municipal ETF Stock Down 0.0 %

Shares of BATS JMST opened at $50.94 on Tuesday. The company has a 50-day moving average price of $50.87 and a 200 day moving average price of $50.74.

JPMorgan Ultra-Short Municipal ETF Increases Dividend

The company also recently declared a dividend, which was paid on Thursday, September 5th. Stockholders of record on Tuesday, September 3rd were paid a dividend of $0.1451 per share. The ex-dividend date was Tuesday, September 3rd. This is a positive change 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.