Strategic Blueprint LLC Takes $217,000 Position in JPMorgan Ultra-Short Municipal ETF (BATS:JMST)

Strategic Blueprint LLC bought a new position in JPMorgan Ultra-Short Municipal ETF (BATS:JMST) in the 2nd quarter, according to its most recent filing with the Securities & Exchange Commission. The fund bought 4,279 shares of the company’s stock, valued at approximately $217,000.

A number of other institutional investors have also added to or reduced their stakes in the company. Lincoln National Corp lifted its stake in JPMorgan Ultra-Short Municipal ETF by 126.7% during the fourth quarter. Lincoln National Corp now owns 9,271 shares of the company’s stock worth $470,000 after purchasing an additional 5,182 shares during the last quarter. Morningstar Investment Services LLC lifted its position in JPMorgan Ultra-Short Municipal ETF by 153.0% in the 4th quarter. Morningstar Investment Services LLC now owns 145,210 shares of the company’s stock worth $7,359,000 after buying an additional 87,817 shares during the last quarter. Corient Private Wealth LLC boosted its stake in JPMorgan Ultra-Short Municipal ETF by 3.8% in the fourth quarter. Corient Private Wealth LLC now owns 494,775 shares of the company’s stock worth $25,105,000 after buying an additional 18,051 shares in the last quarter. UBS Group AG grew its position in JPMorgan Ultra-Short Municipal ETF by 14.0% during the fourth quarter. UBS Group AG now owns 778,850 shares of the company’s stock valued at $39,519,000 after acquiring an additional 95,378 shares during the last quarter. Finally, Axxcess Wealth Management LLC grew its position in JPMorgan Ultra-Short Municipal ETF by 3.4% during the fourth quarter. Axxcess Wealth Management LLC now owns 55,540 shares of the company’s stock valued at $2,818,000 after acquiring an additional 1,832 shares during the last quarter.

JPMorgan Ultra-Short Municipal ETF Price Performance

Shares of JMST opened at $50.94 on Friday. The business has a fifty day simple moving average of $50.79 and a 200 day simple moving average of $50.72.

JPMorgan Ultra-Short Municipal ETF Cuts Dividend

The firm also recently declared a dividend, which was paid on Wednesday, July 3rd. Shareholders of record on Monday, July 1st were paid a $0.1405 dividend. The ex-dividend date of this dividend was Monday, July 1st.

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.