JPMorgan Ultra-Short Municipal ETF (BATS:JMST) Position Increased by Lpwm LLC

Lpwm LLC boosted its holdings in JPMorgan Ultra-Short Municipal ETF (BATS:JMST) by 16.2% during the 1st quarter, according to the company in its most recent filing with the Securities and Exchange Commission (SEC). The firm owned 48,390 shares of the company’s stock after acquiring an additional 6,732 shares during the quarter. JPMorgan Ultra-Short Municipal ETF accounts for 0.9% of Lpwm LLC’s portfolio, making the stock its 25th largest position. Lpwm LLC owned about 0.09% of JPMorgan Ultra-Short Municipal ETF worth $2,447,000 as of its most recent SEC filing.

Several other large investors have also recently added to or reduced their stakes in JMST. Mariner LLC increased its position in JPMorgan Ultra-Short Municipal ETF by 38.7% in the 3rd quarter. Mariner LLC now owns 140,065 shares of the company’s stock valued at $7,066,000 after acquiring an additional 39,047 shares during the period. Stifel Financial Corp increased its position in JPMorgan Ultra-Short Municipal ETF by 1.3% in the 3rd quarter. Stifel Financial Corp now owns 148,782 shares of the company’s stock valued at $7,506,000 after acquiring an additional 1,871 shares during the period. Mutual Advisors LLC increased its position in JPMorgan Ultra-Short Municipal ETF by 21.9% in the 3rd quarter. Mutual Advisors LLC now owns 51,798 shares of the company’s stock valued at $2,613,000 after acquiring an additional 9,302 shares during the period. MFA Wealth Advisors LLC increased its position in JPMorgan Ultra-Short Municipal ETF by 11.2% in the 3rd quarter. MFA Wealth Advisors LLC now owns 99,387 shares of the company’s stock valued at $5,014,000 after acquiring an additional 10,017 shares during the period. Finally, Morningstar Investment Services LLC increased its position in JPMorgan Ultra-Short Municipal ETF by 10.7% in the 3rd quarter. Morningstar Investment Services LLC now owns 57,393 shares of the company’s stock valued at $2,897,000 after acquiring an additional 5,556 shares during the period.

JPMorgan Ultra-Short Municipal ETF Price Performance

JMST traded down $0.02 during trading hours on Wednesday, hitting $50.73. The company’s stock had a trading volume of 318,992 shares. The business’s fifty day moving average is $50.67 and its 200-day moving average is $50.70.

JPMorgan Ultra-Short Municipal ETF Increases Dividend

The company also recently declared a dividend, which was paid on Wednesday, June 5th. Stockholders of record on Monday, June 3rd were given a dividend of $0.1445 per share. The ex-dividend date of this dividend was Monday, June 3rd. This is a boost from JPMorgan Ultra-Short Municipal ETF’s previous dividend of $0.14.

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.