Souders Financial Advisors Has $545,000 Stake in JPMorgan Ultra-Short Municipal ETF (BATS:JMST)

Souders Financial Advisors increased its stake in JPMorgan Ultra-Short Municipal ETF (BATS:JMST) by 18.7% in the 2nd quarter, HoldingsChannel.com reports. The fund owned 10,737 shares of the company’s stock after purchasing an additional 1,691 shares during the quarter. Souders Financial Advisors’ holdings in JPMorgan Ultra-Short Municipal ETF were worth $545,000 at the end of the most recent quarter.

Other institutional investors also recently modified their holdings of the company. EP Wealth Advisors LLC grew its stake in shares of JPMorgan Ultra-Short Municipal ETF by 3.4% in the 2nd quarter. EP Wealth Advisors LLC now owns 85,100 shares of the company’s stock valued at $4,318,000 after buying an additional 2,775 shares during the period. NewEdge Advisors LLC grew its stake in JPMorgan Ultra-Short Municipal ETF by 400.5% in the second quarter. NewEdge Advisors LLC now owns 201,965 shares of the company’s stock valued at $10,249,000 after acquiring an additional 161,613 shares during the period. Northwestern Mutual Wealth Management Co. grew its stake in JPMorgan Ultra-Short Municipal ETF by 4.0% in the second quarter. Northwestern Mutual Wealth Management Co. now owns 1,744,345 shares of the company’s stock valued at $88,517,000 after acquiring an additional 67,868 shares during the period. Kathmere Capital Management LLC increased its holdings in shares of JPMorgan Ultra-Short Municipal ETF by 8.5% during the second quarter. Kathmere Capital Management LLC now owns 93,967 shares of the company’s stock valued at $4,768,000 after acquiring an additional 7,379 shares in the last quarter. Finally, Clarity Asset Management Inc. raised its position in shares of JPMorgan Ultra-Short Municipal ETF by 2.4% during the second quarter. Clarity Asset Management Inc. now owns 38,862 shares of the company’s stock worth $1,972,000 after purchasing an additional 911 shares during the period.

JPMorgan Ultra-Short Municipal ETF Trading Up 0.0 %

Shares of JMST opened at $50.82 on Wednesday. The stock has a 50-day moving average price of $50.87 and a two-hundred day moving average price of $50.75.

JPMorgan Ultra-Short Municipal ETF Increases Dividend

The firm also recently disclosed a dividend, which was paid on Thursday, September 5th. Shareholders of record on Tuesday, September 3rd were paid a $0.1451 dividend. This is a positive change from JPMorgan Ultra-Short Municipal ETF’s previous dividend of $0.14. The ex-dividend date was Tuesday, September 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.