Cyndeo Wealth Partners LLC Acquires Shares of 15,612 JPMorgan Ultra-Short Municipal ETF $JMST

Cyndeo Wealth Partners LLC bought a new stake in shares of JPMorgan Ultra-Short Municipal ETF (BATS:JMST) in the 4th quarter, according to its most recent disclosure with the Securities and Exchange Commission. The firm bought 15,612 shares of the company’s stock, valued at approximately $795,000.

A number of other hedge funds also recently made changes to their positions in JMST. Rice Partnership LLC bought a new position in JPMorgan Ultra-Short Municipal ETF during the third quarter valued at about $43,000. Financial Network Wealth Advisors LLC increased its holdings in JPMorgan Ultra-Short Municipal ETF by 2,202.2% during the third quarter. Financial Network Wealth Advisors LLC now owns 1,059 shares of the company’s stock worth $54,000 after buying an additional 1,013 shares during the last quarter. US Bancorp DE raised its position in 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 acquiring an additional 653 shares during the period. Triumph Capital Management bought a new stake in JPMorgan Ultra-Short Municipal ETF in the third quarter worth about $96,000. Finally, GGM Financials LLC purchased a new position in JPMorgan Ultra-Short Municipal ETF in the third quarter valued at about $100,000.

JPMorgan Ultra-Short Municipal ETF Trading Down 0.1%

JMST opened at $50.98 on Monday. JPMorgan Ultra-Short Municipal ETF has a twelve month low of $50.42 and a twelve month high of $51.13. The company’s 50-day moving average price is $51.06 and its two-hundred day moving average price is $51.00.

JPMorgan Ultra-Short Municipal ETF Increases Dividend

The company also recently disclosed a monthly dividend, which was paid on Wednesday, March 4th. Investors of record on Monday, March 2nd were paid a $0.1157 dividend. The ex-dividend date was Monday, March 2nd. This is a positive change 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%.

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.