JPMorgan Ultra-Short Municipal ETF (BATS:JMST) Shares Purchased by Freedom Investment Management Inc.

Posted by Tyrone Williams on Nov 27th, 2024

Freedom Investment Management Inc. increased its position in shares of JPMorgan Ultra-Short Municipal ETF (BATS:JMST – Free Report) by 18.6% during the third quarter, according to its most recent filing with the Securities & Exchange Commission. The fund owned 41,120 shares of the company’s stock after buying an additional 6,453 shares during the quarter. Freedom Investment Management Inc. owned about 0.08% of JPMorgan Ultra-Short Municipal ETF worth $2,095,000 as of its most recent SEC filing.

Other institutional investors and hedge funds also recently added to or reduced their stakes in the company. River Street Advisors LLC purchased a new position in shares of JPMorgan Ultra-Short Municipal ETF during the 3rd quarter worth approximately $30,000. Chris Bulman Inc purchased a new stake in JPMorgan Ultra-Short Municipal ETF during the 2nd quarter worth about $35,000. Financial Perspectives Inc acquired a new position in JPMorgan Ultra-Short Municipal ETF in the 2nd quarter valued at about $40,000. Larson Financial Group LLC purchased a new position in JPMorgan Ultra-Short Municipal ETF in the 2nd quarter valued at about $50,000. Finally, MidAtlantic Capital Management Inc. acquired a new stake in shares of JPMorgan Ultra-Short Municipal ETF during the 3rd quarter worth about $80,000.

JPMorgan Ultra-Short Municipal ETF Stock Up 0.0 %

BATS:JMST opened at $50.86 on Wednesday. The firm has a fifty day moving average price of $50.82 and a 200 day moving average price of $50.78.

JPMorgan Ultra-Short Municipal ETF Increases Dividend

The firm also recently announced a dividend, which was paid on Thursday, September 5th. Investors of record on Tuesday, September 3rd were given a dividend of $0.1451 per share. The ex-dividend date of this dividend was Tuesday, September 3rd. This is an increase from JPMorgan Ultra-Short Municipal ETF’s previous dividend of $0.14.

JPMorgan Ultra-Short Municipal ETF Company Profile

(Free Report)

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.