Sigma Planning Corp Boosts Position in JPMorgan Ultra-Short Municipal ETF (BATS:JMST)

Sigma Planning Corp raised its stake in shares of JPMorgan Ultra-Short Municipal ETF (BATS:JMST) by 9.4% in the third quarter, according to its most recent filing with the Securities & Exchange Commission. The institutional investor owned 12,200 shares of the company’s stock after buying an additional 1,048 shares during the quarter. Sigma Planning Corp’s holdings in JPMorgan Ultra-Short Municipal ETF were worth $621,000 at the end of the most recent reporting period.

A number of other hedge funds have also added to or reduced their stakes in JMST. IMS Capital Management grew its holdings in shares of JPMorgan Ultra-Short Municipal ETF by 3.9% during the first quarter. IMS Capital Management now owns 5,350 shares of the company’s stock worth $271,000 after purchasing an additional 200 shares in the last quarter. Guardian Asset Advisors LLC grew its holdings in shares of JPMorgan Ultra-Short Municipal ETF by 5.2% during the second quarter. Guardian Asset Advisors LLC now owns 4,452 shares of the company’s stock worth $226,000 after purchasing an additional 221 shares in the last quarter. Harbour Investments Inc. grew its holdings in shares of JPMorgan Ultra-Short Municipal ETF by 2.2% during the second quarter. Harbour Investments Inc. now owns 10,955 shares of the company’s stock worth $556,000 after purchasing an additional 238 shares in the last quarter. HTLF Bank grew its holdings in shares of JPMorgan Ultra-Short Municipal ETF by 3.2% during the second quarter. HTLF Bank now owns 7,909 shares of the company’s stock worth $401,000 after purchasing an additional 243 shares in the last quarter. Finally, Essex Savings Bank grew its holdings in shares of JPMorgan Ultra-Short Municipal ETF by 4.6% during the third quarter. Essex Savings Bank now owns 6,319 shares of the company’s stock worth $322,000 after purchasing an additional 276 shares in the last quarter.

JPMorgan Ultra-Short Municipal ETF Stock Up 0.0 %

Shares of BATS JMST opened at $50.77 on Friday. The stock’s 50 day simple moving average is $50.82 and its 200-day simple moving average is $50.77.

JPMorgan Ultra-Short Municipal ETF Increases Dividend

The company also recently announced a dividend, which was paid on Thursday, September 5th. Shareholders of record on Tuesday, September 3rd were paid a $0.1451 dividend. 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.