JPMorgan Ultra-Short Municipal ETF $JMST Shares Purchased by Stratos Wealth Partners LTD.

Stratos Wealth Partners LTD. lifted its position in JPMorgan Ultra-Short Municipal ETF (BATS:JMST) by 34.7% in the fourth quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The firm owned 101,267 shares of the company’s stock after purchasing an additional 26,061 shares during the quarter. Stratos Wealth Partners LTD. owned about 0.13% of JPMorgan Ultra-Short Municipal ETF worth $5,159,000 at the end of the most recent reporting period.

Other hedge funds and other institutional investors have also recently bought and sold shares of the company. Citizens Financial Group Inc. RI raised its position in shares of JPMorgan Ultra-Short Municipal ETF by 2,677.6% during the 3rd quarter. Citizens Financial Group Inc. RI now owns 136,156 shares of the company’s stock valued at $6,949,000 after buying an additional 131,254 shares during the period. Cooper Financial Group lifted its holdings in JPMorgan Ultra-Short Municipal ETF by 22.2% in the third quarter. Cooper Financial Group now owns 158,260 shares of the company’s stock valued at $8,078,000 after acquiring an additional 28,746 shares during the last quarter. Boothe Investment Group Inc. grew its position in JPMorgan Ultra-Short Municipal ETF by 11.5% in the third quarter. Boothe Investment Group Inc. now owns 257,352 shares of the company’s stock worth $13,135,000 after acquiring an additional 26,528 shares during the period. Forvis Mazars Wealth Advisors LLC grew its position in JPMorgan Ultra-Short Municipal ETF by 410.1% in the third quarter. Forvis Mazars Wealth Advisors LLC now owns 23,079 shares of the company’s stock worth $1,178,000 after acquiring an additional 18,555 shares during the period. Finally, Ashton Thomas Securities LLC increased its stake in JPMorgan Ultra-Short Municipal ETF by 200.5% during the third quarter. Ashton Thomas Securities LLC now owns 55,310 shares of the company’s stock worth $2,823,000 after acquiring an additional 36,905 shares during the last quarter.

JPMorgan Ultra-Short Municipal ETF Stock Performance

BATS:JMST 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’s fifty day moving average is $51.04 and its two-hundred day moving average is $50.99.

JPMorgan Ultra-Short Municipal ETF Increases Dividend

The business also recently disclosed 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 an increase from JPMorgan Ultra-Short Municipal ETF’s previous monthly dividend of $0.10. The ex-dividend date was Monday, March 2nd. This represents a c) annualized dividend and a yield of 2.7%.

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.