Transform Wealth LLC Acquires 68,870 Shares of JPMorgan Ultra-Short Municipal ETF (BATS:JMST)

Transform Wealth LLC raised its position in shares of JPMorgan Ultra-Short Municipal ETF (BATS:JMST) by 106.1% during the 1st quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 133,755 shares of the company’s stock after acquiring an additional 68,870 shares during the period. Transform Wealth LLC’s holdings in JPMorgan Ultra-Short Municipal ETF were worth $6,787,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

Several other hedge funds have also modified their holdings of the company. Fiduciary Trust Co grew its stake in JPMorgan Ultra-Short Municipal ETF by 18.9% in the fourth quarter. Fiduciary Trust Co now owns 1,456,283 shares of the company’s stock valued at $73,892,000 after purchasing an additional 231,636 shares during the last quarter. Wells Fargo & Company MN lifted its holdings in JPMorgan Ultra-Short Municipal ETF by 21.5% in the fourth quarter. Wells Fargo & Company MN now owns 963,543 shares of the company’s stock valued at $48,890,000 after acquiring an additional 170,642 shares during the period. UBS Group AG raised its stake in shares of JPMorgan Ultra-Short Municipal ETF by 14.0% during the 4th quarter. UBS Group AG now owns 778,850 shares of the company’s stock worth $39,519,000 after buying an additional 95,378 shares during the period. Resonant Capital Advisors LLC raised its stake in shares of JPMorgan Ultra-Short Municipal ETF by 3.6% during the 4th quarter. Resonant Capital Advisors LLC now owns 678,912 shares of the company’s stock worth $34,542,000 after buying an additional 23,850 shares during the period. Finally, CWM LLC increased its position in shares of JPMorgan Ultra-Short Municipal ETF by 75.7% during the fourth quarter. CWM LLC now owns 667,926 shares of the company’s stock worth $33,891,000 after purchasing an additional 287,684 shares in the last quarter.

JPMorgan Ultra-Short Municipal ETF Stock Up 0.0 %

BATS:JMST traded up $0.02 during trading hours on Friday, hitting $50.75. The company had a trading volume of 288,479 shares. The business’s 50-day moving average price is $50.67 and its 200-day moving average price is $50.70.

JPMorgan Ultra-Short Municipal ETF Increases Dividend

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

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.