JPMorgan Ultra-Short Municipal ETF (BATS:JMST) Shares Purchased by J.W. Cole Advisors Inc.

J.W. Cole Advisors Inc. boosted its stake in JPMorgan Ultra-Short Municipal ETF (BATS:JMST) by 16.0% in the 4th quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The institutional investor owned 5,987 shares of the company’s stock after purchasing an additional 824 shares during the period. J.W. Cole Advisors Inc.’s holdings in JPMorgan Ultra-Short Municipal ETF were worth $304,000 at the end of the most recent reporting period.

A number of other institutional investors and hedge funds also recently added to or reduced their stakes in JMST. Slow Capital Inc. boosted its position in JPMorgan Ultra-Short Municipal ETF by 173.1% in the 3rd quarter. Slow Capital Inc. now owns 561,014 shares of the company’s stock valued at $28,303,000 after buying an additional 355,573 shares during the last quarter. Asio Capital LLC purchased a new position in JPMorgan Ultra-Short Municipal ETF in the 4th quarter valued at about $16,121,000. LPL Financial LLC boosted its position in JPMorgan Ultra-Short Municipal ETF by 20.6% in the 3rd quarter. LPL Financial LLC now owns 1,562,506 shares of the company’s stock valued at $78,828,000 after buying an additional 266,857 shares during the last quarter. Boothe Investment Group Inc. boosted its position in JPMorgan Ultra-Short Municipal ETF by 256.2% in the 3rd quarter. Boothe Investment Group Inc. now owns 281,834 shares of the company’s stock valued at $14,219,000 after buying an additional 202,710 shares during the last quarter. Finally, Cerity Partners LLC boosted its position in JPMorgan Ultra-Short Municipal ETF by 39.8% in the 4th quarter. Cerity Partners LLC now owns 664,597 shares of the company’s stock valued at $33,766,000 after buying an additional 189,351 shares during the last quarter.

JPMorgan Ultra-Short Municipal ETF Price Performance

BATS:JMST opened at $50.67 on Thursday. The firm has a fifty day moving average price of $50.69 and a 200-day moving average price of $50.66.

JPMorgan Ultra-Short Municipal ETF Cuts Dividend

The company also recently disclosed a dividend, which was paid on Thursday, April 4th. Shareholders of record on Tuesday, April 2nd were given a $0.1399 dividend. The ex-dividend date of this dividend was Monday, April 1st.

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.