Nottingham Advisors Inc. Has $727,000 Position in JPMorgan Ultra-Short Municipal ETF (BATS:JMST)

Nottingham Advisors Inc. grew its position in shares of JPMorgan Ultra-Short Municipal ETF (BATS:JMST) by 82.1% in the third quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The fund owned 14,270 shares of the company’s stock after acquiring an additional 6,435 shares during the quarter. Nottingham Advisors Inc.’s holdings in JPMorgan Ultra-Short Municipal ETF were worth $727,000 at the end of the most recent reporting period.

A number of other hedge funds and other institutional investors also recently made changes to their positions in JMST. IMS Capital Management lifted its position in shares of JPMorgan Ultra-Short Municipal ETF by 3.9% during the 1st quarter. IMS Capital Management now owns 5,350 shares of the company’s stock worth $271,000 after buying an additional 200 shares during the last quarter. Guardian Asset Advisors LLC boosted its position in shares of JPMorgan Ultra-Short Municipal ETF by 5.2% during the 2nd quarter. Guardian Asset Advisors LLC now owns 4,452 shares of the company’s stock worth $226,000 after purchasing an additional 221 shares in the last quarter. Harbour Investments Inc. raised its stake in JPMorgan Ultra-Short Municipal ETF by 2.2% during the 2nd quarter. Harbour Investments Inc. now owns 10,955 shares of the company’s stock worth $556,000 after buying an additional 238 shares during the period. HTLF Bank lifted its holdings in shares of JPMorgan Ultra-Short Municipal ETF by 3.2% in the second quarter. HTLF Bank now owns 7,909 shares of the company’s stock valued at $401,000 after purchasing an additional 243 shares in the last quarter. Finally, PFG Advisors boosted its position in shares of JPMorgan Ultra-Short Municipal ETF by 3.8% during the first quarter. PFG Advisors now owns 6,993 shares of the company’s stock valued at $355,000 after buying an additional 258 shares during the last quarter.

JPMorgan Ultra-Short Municipal ETF Stock Performance

JMST traded down $0.01 during trading hours on Thursday, hitting $50.82. The stock had a trading volume of 430,331 shares. The firm’s 50-day simple moving average is $50.86 and its two-hundred day simple moving average is $50.75.

JPMorgan Ultra-Short Municipal ETF Increases Dividend

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

About JPMorgan Ultra-Short Municipal ETF

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.