International Assets Investment Management LLC Acquires 121,800 Shares of JPMorgan Ultra-Short Municipal ETF (BATS:JMST)

International Assets Investment Management LLC boosted its holdings in shares of JPMorgan Ultra-Short Municipal ETF (BATS:JMST) by 7,537.1% in the 3rd quarter, Holdings Channel.com reports. The institutional investor owned 123,416 shares of the company’s stock after buying an additional 121,800 shares during the period. International Assets Investment Management LLC’s holdings in JPMorgan Ultra-Short Municipal ETF were worth $6,287,000 at the end of the most recent reporting period.

Other large investors also recently added to or reduced their stakes in the company. Private Advisor Group LLC boosted its stake in JPMorgan Ultra-Short Municipal ETF by 1.9% during the third quarter. Private Advisor Group LLC now owns 78,482 shares of the company’s stock valued at $3,998,000 after buying an additional 1,434 shares during the period. Raymond James & Associates raised its position in JPMorgan Ultra-Short Municipal ETF by 3.3% during the second quarter. Raymond James & Associates now owns 187,169 shares of the company’s stock valued at $9,498,000 after purchasing an additional 6,055 shares in the last quarter. Harbour Investments Inc. raised its position in 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 valued at $556,000 after purchasing an additional 238 shares in the last quarter. Krilogy Financial LLC purchased a new stake in JPMorgan Ultra-Short Municipal ETF during the second quarter valued at about $518,000. Finally, Choreo LLC purchased a new stake in JPMorgan Ultra-Short Municipal ETF during the second quarter valued at about $225,000.

JPMorgan Ultra-Short Municipal ETF Trading Down 0.0 %

BATS JMST opened at $50.81 on Friday. The company’s fifty day moving average price is $50.86 and its 200-day moving average price is $50.77.

JPMorgan Ultra-Short Municipal ETF Increases Dividend

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