JPMorgan Ultra-Short Municipal ETF $JMST Shares Purchased by Aspen Wealth Management LLC

Aspen Wealth Management LLC lifted its stake in shares of JPMorgan Ultra-Short Municipal ETF (BATS:JMST) by 38.8% during the fourth quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The fund owned 99,648 shares of the company’s stock after acquiring an additional 27,861 shares during the period. JPMorgan Ultra-Short Municipal ETF accounts for approximately 1.1% of Aspen Wealth Management LLC’s portfolio, making the stock its 18th biggest holding. Aspen Wealth Management LLC owned 0.12% of JPMorgan Ultra-Short Municipal ETF worth $5,076,000 at the end of the most recent reporting period.

Other hedge funds have also made changes to their positions in the company. Rice Partnership LLC purchased a new position in shares of JPMorgan Ultra-Short Municipal ETF during the 3rd quarter worth about $43,000. Financial Network Wealth Advisors LLC boosted its position in JPMorgan Ultra-Short Municipal ETF by 2,202.2% during the 3rd quarter. Financial Network Wealth Advisors LLC now owns 1,059 shares of the company’s stock worth $54,000 after purchasing an additional 1,013 shares during the period. US Bancorp DE boosted its position in shares of JPMorgan Ultra-Short Municipal ETF by 130.6% in the third quarter. US Bancorp DE now owns 1,153 shares of the company’s stock worth $59,000 after buying an additional 653 shares during the period. Triumph Capital Management acquired a new position in shares of JPMorgan Ultra-Short Municipal ETF during the third quarter worth $96,000. Finally, GGM Financials LLC purchased a new position in JPMorgan Ultra-Short Municipal ETF in the 3rd quarter valued at about $100,000.

JPMorgan Ultra-Short Municipal ETF Stock Performance

JMST stock opened at $51.03 on Friday. JPMorgan Ultra-Short Municipal ETF has a 52-week low of $50.42 and a 52-week high of $51.13. The stock’s 50 day moving average is $51.06 and its two-hundred day moving average is $51.00.

JPMorgan Ultra-Short Municipal ETF Increases Dividend

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

JPMorgan Ultra-Short Municipal ETF Company 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.