Thompson Davis & CO. Inc. Purchases 2,722 Shares of JPMorgan Ultra-Short Municipal ETF (BATS:JMST)

Thompson Davis & CO. Inc. grew its position in shares of JPMorgan Ultra-Short Municipal ETF (BATS:JMST) by 13.0% during the 3rd quarter, Holdings Channel reports. The institutional investor owned 23,738 shares of the company’s stock after buying an additional 2,722 shares during the quarter. JPMorgan Ultra-Short Municipal ETF makes up approximately 0.9% of Thompson Davis & CO. Inc.’s portfolio, making the stock its 15th largest position. Thompson Davis & CO. Inc.’s holdings in JPMorgan Ultra-Short Municipal ETF were worth $1,209,000 as of its most recent SEC filing.

A number of other hedge funds and other institutional investors also recently modified their holdings of the company. IMS Capital Management increased its position 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 worth $271,000 after acquiring an additional 200 shares during the period. Guardian Asset Advisors LLC increased its holdings in shares of JPMorgan Ultra-Short Municipal ETF by 5.2% during the second quarter. Guardian Asset Advisors LLC now owns 4,452 shares of the company’s stock worth $226,000 after purchasing an additional 221 shares during the period. Harbour Investments Inc. raised its position in shares of JPMorgan Ultra-Short Municipal ETF by 2.2% in the second 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. HTLF Bank boosted its stake 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 buying an additional 243 shares during the period. Finally, Essex Savings Bank lifted its position in shares of JPMorgan Ultra-Short Municipal ETF by 4.6% during the 3rd quarter. Essex Savings Bank now owns 6,319 shares of the company’s stock valued at $322,000 after acquiring an additional 276 shares during the period.

JPMorgan Ultra-Short Municipal ETF Trading Up 0.0 %

Shares of BATS JMST opened at $50.83 on Wednesday. The stock has a 50 day moving average of $50.82 and a two-hundred day moving average of $50.78.

JPMorgan Ultra-Short Municipal ETF Increases Dividend

The company also recently disclosed a dividend, which was paid on Thursday, September 5th. Investors of record on Tuesday, September 3rd were paid a $0.1451 dividend. 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 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.