Cliftonlarsonallen Wealth Advisors LLC Grows Stock Position in JPMorgan Ultra-Short Municipal ETF $JMST

Cliftonlarsonallen Wealth Advisors LLC lifted its stake in shares of JPMorgan Ultra-Short Municipal ETF (BATS:JMST) by 19.6% in the 4th quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The fund owned 462,390 shares of the company’s stock after purchasing an additional 75,894 shares during the quarter. Cliftonlarsonallen Wealth Advisors LLC owned about 0.58% of JPMorgan Ultra-Short Municipal ETF worth $23,554,000 at the end of the most recent quarter.

Several other large investors have also modified their holdings of the stock. McNamara Financial Services Inc. raised its stake in shares of JPMorgan Ultra-Short Municipal ETF by 11.8% during the fourth quarter. McNamara Financial Services Inc. now owns 160,095 shares of the company’s stock worth $8,155,000 after purchasing an additional 16,925 shares during the last quarter. Woodmont Investment Counsel LLC raised its stake in shares of JPMorgan Ultra-Short Municipal ETF by 54.0% during the fourth quarter. Woodmont Investment Counsel LLC now owns 16,521 shares of the company’s stock worth $842,000 after purchasing an additional 5,790 shares during the last quarter. Paladin Advisory Group LLC raised its stake in shares of JPMorgan Ultra-Short Municipal ETF by 7.2% during the fourth quarter. Paladin Advisory Group LLC now owns 36,697 shares of the company’s stock worth $1,869,000 after purchasing an additional 2,470 shares during the last quarter. ProCore Advisors LLC purchased a new stake in shares of JPMorgan Ultra-Short Municipal ETF during the fourth quarter worth approximately $296,000. Finally, CCG Wealth Management LLC raised its stake in shares of JPMorgan Ultra-Short Municipal ETF by 2.3% during the fourth quarter. CCG Wealth Management LLC now owns 54,488 shares of the company’s stock worth $2,776,000 after purchasing an additional 1,206 shares during the last quarter.

JPMorgan Ultra-Short Municipal ETF Stock Performance

JPMorgan Ultra-Short Municipal ETF stock opened at $50.89 on Thursday. JPMorgan Ultra-Short Municipal ETF has a 12 month low of $50.42 and a 12 month high of $51.13. The business has a 50 day simple moving average of $51.02 and a 200-day simple 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. Stockholders of record on Monday, March 2nd were paid a dividend of $0.1157 per share. This represents a c) annualized dividend and a dividend yield of 2.7%. This is a boost from JPMorgan Ultra-Short Municipal ETF’s previous monthly dividend of $0.10. The ex-dividend date 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.