Capital Advisors Wealth Management LLC Boosts Holdings in JPMorgan Ultra-Short Municipal ETF $JMST

Capital Advisors Wealth Management LLC increased its position in JPMorgan Ultra-Short Municipal ETF (BATS:JMST) by 630.2% in the 4th quarter, according to its most recent disclosure with the Securities and Exchange Commission. The firm owned 101,368 shares of the company’s stock after purchasing an additional 87,485 shares during the quarter. Capital Advisors Wealth Management LLC owned 0.13% of JPMorgan Ultra-Short Municipal ETF worth $5,164,000 as of its most recent filing with the Securities and Exchange Commission.

A number of other large investors have also added to or reduced their stakes in the company. HB Wealth Management LLC boosted its position in JPMorgan Ultra-Short Municipal ETF by 173.7% in the 3rd quarter. HB Wealth Management LLC now owns 1,733,119 shares of the company’s stock valued at $88,458,000 after buying an additional 1,099,860 shares during the last quarter. Bank of America Corp DE boosted its holdings in JPMorgan Ultra-Short Municipal ETF by 13.8% in the third quarter. Bank of America Corp DE now owns 3,786,554 shares of the company’s stock valued at $193,266,000 after purchasing an additional 460,157 shares during the last quarter. Wealth Enhancement Advisory Services LLC boosted its holdings in JPMorgan Ultra-Short Municipal ETF by 36.7% in the third quarter. Wealth Enhancement Advisory Services LLC now owns 1,070,471 shares of the company’s stock valued at $54,514,000 after purchasing an additional 287,650 shares during the last quarter. Raymond James Financial Inc. grew its stake in JPMorgan Ultra-Short Municipal ETF by 26.9% during the 3rd quarter. Raymond James Financial Inc. now owns 906,585 shares of the company’s stock valued at $46,272,000 after purchasing an additional 192,119 shares in the last quarter. Finally, JPMorgan Chase & Co. increased its holdings in JPMorgan Ultra-Short Municipal ETF by 18.6% during the 3rd quarter. JPMorgan Chase & Co. now owns 1,200,503 shares of the company’s stock worth $61,274,000 after purchasing an additional 188,546 shares during the last quarter.

JPMorgan Ultra-Short Municipal ETF Stock Performance

JPMorgan Ultra-Short Municipal ETF stock opened at $50.91 on Monday. JPMorgan Ultra-Short Municipal ETF has a 52 week low of $50.42 and a 52 week high of $51.13. The stock has a 50 day moving average of $51.04 and a 200-day moving average of $50.99.

JPMorgan Ultra-Short Municipal ETF Increases Dividend

The business also recently declared a monthly dividend, which was paid on Wednesday, March 4th. Investors of record on Monday, March 2nd were issued a $0.1157 dividend. This is a boost from JPMorgan Ultra-Short Municipal ETF’s previous monthly dividend of $0.10. This represents a c) annualized dividend and a yield of 2.7%. The ex-dividend date of this dividend was Monday, March 2nd.

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.