JPMorgan Ultra-Short Municipal ETF (BATS:JMST) Shares Purchased by EP Wealth Advisors LLC

EP Wealth Advisors LLC boosted its stake in shares of JPMorgan Ultra-Short Municipal ETF (BATS:JMST) by 3.4% during the second quarter, according to its most recent Form 13F filing with the SEC. The fund owned 85,100 shares of the company’s stock after buying an additional 2,775 shares during the period. EP Wealth Advisors LLC owned 0.16% of JPMorgan Ultra-Short Municipal ETF worth $4,318,000 at the end of the most recent quarter.

A number of other hedge funds and other institutional investors have also modified their holdings of the stock. Cambridge Investment Research Advisors Inc. raised its position in shares of JPMorgan Ultra-Short Municipal ETF by 325.3% during the 2nd quarter. Cambridge Investment Research Advisors Inc. now owns 395,478 shares of the company’s stock valued at $20,069,000 after buying an additional 302,492 shares during the period. LPL Financial LLC increased its stake in JPMorgan Ultra-Short Municipal ETF by 10.9% during the second quarter. LPL Financial LLC now owns 1,757,832 shares of the company’s stock worth $89,201,000 after acquiring an additional 172,347 shares during the last quarter. Resonant Capital Advisors LLC raised its position in JPMorgan Ultra-Short Municipal ETF by 22.5% in the second quarter. Resonant Capital Advisors LLC now owns 892,834 shares of the company’s stock valued at $45,307,000 after purchasing an additional 163,699 shares during the period. NewEdge Advisors LLC lifted its stake in shares of JPMorgan Ultra-Short Municipal ETF by 400.5% in the 2nd quarter. NewEdge Advisors LLC now owns 201,965 shares of the company’s stock valued at $10,249,000 after purchasing an additional 161,613 shares during the last quarter. Finally, Thrivent Financial for Lutherans grew its holdings in shares of JPMorgan Ultra-Short Municipal ETF by 72.9% during the 2nd quarter. Thrivent Financial for Lutherans now owns 375,221 shares of the company’s stock worth $19,041,000 after purchasing an additional 158,170 shares during the period.

JPMorgan Ultra-Short Municipal ETF Stock Performance

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

JPMorgan Ultra-Short Municipal ETF Increases Dividend

The business also recently disclosed a dividend, which was paid on Thursday, September 5th. Investors of record on Tuesday, September 3rd were given a dividend of $0.1451 per share. The ex-dividend date of this dividend was Tuesday, September 3rd. This is a boost from JPMorgan Ultra-Short Municipal ETF’s previous dividend of $0.14.

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.