Summit Wealth Partners LLC Buys 387 Shares of JPMorgan Ultra-Short Municipal ETF (BATS:JMST)

Summit Wealth Partners LLC grew its stake in shares of JPMorgan Ultra-Short Municipal ETF (BATS:JMST) by 3.2% during the second quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The institutional investor owned 12,479 shares of the company’s stock after buying an additional 387 shares during the period. Summit Wealth Partners LLC’s holdings in JPMorgan Ultra-Short Municipal ETF were worth $633,000 at the end of the most recent reporting period.

Other large investors have also recently made changes to their positions in the company. Chris Bulman Inc purchased a new position in JPMorgan Ultra-Short Municipal ETF during the second quarter valued at approximately $35,000. Financial Perspectives Inc purchased a new position in JPMorgan Ultra-Short Municipal ETF during the second quarter valued at $40,000. GAMMA Investing LLC purchased a new position in shares of JPMorgan Ultra-Short Municipal ETF during the first quarter valued at about $50,000. Larson Financial Group LLC bought a new stake in JPMorgan Ultra-Short Municipal ETF in the 2nd quarter worth approximately $50,000. Finally, Cooksen Wealth LLC bought a new position in shares of JPMorgan Ultra-Short Municipal ETF during the 4th quarter valued at approximately $51,000.

JPMorgan Ultra-Short Municipal ETF Stock Up 0.0 %

JMST stock opened at $50.82 on Wednesday. The firm has a fifty day simple moving average of $50.87 and a two-hundred day simple moving average of $50.75.

JPMorgan Ultra-Short Municipal ETF Increases Dividend

The firm also recently announced a dividend, which was paid on Thursday, September 5th. Stockholders of record on Tuesday, September 3rd were issued a $0.1451 dividend. The ex-dividend date of this dividend was Tuesday, September 3rd. This is an increase 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.