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

Robinson Smith Wealth Advisors LLC lifted its holdings in JPMorgan Ultra-Short Municipal ETF (BATS:JMST) by 9.6% during the 4th quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The fund owned 49,850 shares of the company’s stock after purchasing an additional 4,381 shares during the period. JPMorgan Ultra-Short Municipal ETF comprises 2.1% of Robinson Smith Wealth Advisors LLC’s holdings, making the stock its 12th biggest holding. Robinson Smith Wealth Advisors LLC owned about 0.10% of JPMorgan Ultra-Short Municipal ETF worth $2,528,000 as of its most recent SEC filing.

Several other hedge funds also recently made changes to their positions in JMST. Atria Investments Inc grew its stake in shares of JPMorgan Ultra-Short Municipal ETF by 4.6% in the 3rd quarter. Atria Investments Inc now owns 34,326 shares of the company’s stock worth $1,749,000 after purchasing an additional 1,520 shares during the last quarter. Apollon Wealth Management LLC grew its stake in shares of JPMorgan Ultra-Short Municipal ETF by 5.0% in the 3rd quarter. Apollon Wealth Management LLC now owns 7,244 shares of the company’s stock worth $369,000 after purchasing an additional 348 shares during the last quarter. Prime Capital Investment Advisors LLC acquired a new position in shares of JPMorgan Ultra-Short Municipal ETF in the 3rd quarter worth approximately $288,000. River Street Advisors LLC acquired a new position in shares of JPMorgan Ultra-Short Municipal ETF in the third quarter worth about $30,000. Finally, Thrivent Financial for Lutherans boosted its holdings in shares of JPMorgan Ultra-Short Municipal ETF by 20.3% in the third quarter. Thrivent Financial for Lutherans now owns 451,352 shares of the company’s stock worth $22,992,000 after buying an additional 76,131 shares during the period.

JPMorgan Ultra-Short Municipal ETF Trading Up 0.1 %

Shares of JMST opened at $50.82 on Friday. JPMorgan Ultra-Short Municipal ETF has a one year low of $50.53 and a one year high of $50.97. The company has a 50-day moving average of $50.81 and a two-hundred day moving average of $50.82.

JPMorgan Ultra-Short Municipal ETF Increases Dividend

The company also recently announced a dividend, which was paid on Wednesday, March 5th. Shareholders of record on Monday, March 3rd were issued a $0.1277 dividend. This is a boost from JPMorgan Ultra-Short Municipal ETF’s previous dividend of $0.12. The ex-dividend date was Monday, March 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.