JPMorgan Ultra-Short Municipal ETF (BATS:JMST) Shares Purchased by Sequoia Financial Advisors LLC

Sequoia Financial Advisors LLC increased its holdings in shares of JPMorgan Ultra-Short Municipal ETF (BATS:JMST) by 39.2% during the fourth quarter, according to its most recent filing with the Securities & Exchange Commission. The firm owned 169,989 shares of the company’s stock after acquiring an additional 47,884 shares during the period. Sequoia Financial Advisors LLC’s holdings in JPMorgan Ultra-Short Municipal ETF were worth $8,620,000 as of its most recent SEC filing.

A number of other institutional investors have also recently modified their holdings of JMST. Bailard Inc. acquired a new stake in shares of JPMorgan Ultra-Short Municipal ETF during the 4th quarter valued at about $43,522,000. HB Wealth Management LLC grew its position in shares of JPMorgan Ultra-Short Municipal ETF by 395.8% during the 4th quarter. HB Wealth Management LLC now owns 580,541 shares of the company’s stock valued at $29,439,000 after acquiring an additional 463,452 shares during the period. Raymond James Financial Inc. acquired a new stake in shares of JPMorgan Ultra-Short Municipal ETF during the 4th quarter valued at about $22,229,000. LPL Financial LLC boosted its holdings in JPMorgan Ultra-Short Municipal ETF by 9.5% in the 3rd quarter. LPL Financial LLC now owns 1,925,693 shares of the company’s stock worth $98,095,000 after buying an additional 167,861 shares during the last quarter. Finally, Wealth Enhancement Advisory Services LLC boosted its holdings in JPMorgan Ultra-Short Municipal ETF by 132.0% in the 4th quarter. Wealth Enhancement Advisory Services LLC now owns 234,143 shares of the company’s stock worth $11,927,000 after buying an additional 133,215 shares during the last quarter.

JPMorgan Ultra-Short Municipal ETF Trading Up 0.0 %

JMST stock opened at $50.78 on Thursday. JPMorgan Ultra-Short Municipal ETF has a 12-month low of $50.53 and a 12-month high of $50.97. The business’s 50-day moving average is $50.81 and its 200 day moving average is $50.82.

JPMorgan Ultra-Short Municipal ETF Increases Dividend

The company also recently disclosed a dividend, which was paid on Wednesday, March 5th. Investors of record on Monday, March 3rd were issued a $0.1277 dividend. This is a boost from JPMorgan Ultra-Short Municipal ETF’s previous dividend of $0.12. The ex-dividend date of this dividend was Monday, March 3rd.

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.