Axxcess Wealth Management LLC Grows Stake in JPMorgan Ultra-Short Municipal ETF (BATS:JMST)

Axxcess Wealth Management LLC grew its stake in shares of JPMorgan Ultra-Short Municipal ETF (BATS:JMST) by 5.5% in the second quarter, according to its most recent filing with the Securities & Exchange Commission. The firm owned 91,942 shares of the company’s stock after acquiring an additional 4,752 shares during the period. Axxcess Wealth Management LLC’s holdings in JPMorgan Ultra-Short Municipal ETF were worth $4,666,000 at the end of the most recent reporting period.

Several other large investors also recently modified their holdings of JMST. IMS Capital Management lifted its holdings in 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 valued at $271,000 after purchasing an additional 200 shares during the last quarter. YHB Investment Advisors Inc. lifted its stake in shares of JPMorgan Ultra-Short Municipal ETF by 0.5% during the 1st quarter. YHB Investment Advisors Inc. now owns 42,196 shares of the company’s stock valued at $2,141,000 after buying an additional 206 shares in the last quarter. Guardian Asset Advisors LLC boosted its holdings in JPMorgan Ultra-Short Municipal ETF by 5.2% in the 2nd quarter. Guardian Asset Advisors LLC now owns 4,452 shares of the company’s stock worth $226,000 after buying an additional 221 shares during the period. Harbour Investments Inc. grew its stake in JPMorgan Ultra-Short Municipal ETF by 2.2% in the 2nd quarter. Harbour Investments Inc. now owns 10,955 shares of the company’s stock valued at $556,000 after buying an additional 238 shares in the last quarter. Finally, HTLF Bank raised its holdings in JPMorgan Ultra-Short Municipal ETF by 3.2% during the 2nd quarter. HTLF Bank now owns 7,909 shares of the company’s stock valued at $401,000 after acquiring an additional 243 shares during the period.

JPMorgan Ultra-Short Municipal ETF Price Performance

JPMorgan Ultra-Short Municipal ETF stock opened at $50.87 on Wednesday. The stock has a 50 day moving average of $50.84 and a two-hundred day moving average of $50.73.

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 issued a dividend of $0.1451 per share. This is a boost 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 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.