Gradient Capital Advisors LLC Buys 333 Shares of JPMorgan Ultra-Short Municipal ETF (BATS:JMST)

Gradient Capital Advisors LLC grew its stake in shares of JPMorgan Ultra-Short Municipal ETF (BATS:JMST) by 4.3% during the 4th quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The firm owned 8,127 shares of the company’s stock after purchasing an additional 333 shares during the period. Gradient Capital Advisors LLC’s holdings in JPMorgan Ultra-Short Municipal ETF were worth $412,000 as of its most recent filing with the Securities and Exchange Commission.

Other institutional investors and hedge funds also recently made changes to their positions in the company. HTLF Bank increased its stake in JPMorgan Ultra-Short Municipal ETF by 3.2% during the 3rd quarter. HTLF Bank now owns 8,162 shares of the company’s stock valued at $416,000 after purchasing an additional 253 shares in the last quarter. John W. Brooker & Co. CPAs grew its holdings in shares of JPMorgan Ultra-Short Municipal ETF by 1.0% during the fourth quarter. John W. Brooker & Co. CPAs now owns 27,303 shares of the company’s stock valued at $1,385,000 after buying an additional 267 shares during the last quarter. Essex Savings Bank increased its position in shares of JPMorgan Ultra-Short Municipal ETF by 4.6% during the third quarter. Essex Savings Bank now owns 6,319 shares of the company’s stock worth $322,000 after acquiring an additional 276 shares in the last quarter. Meridian Financial LLC raised its holdings in shares of JPMorgan Ultra-Short Municipal ETF by 6.9% in the 4th quarter. Meridian Financial LLC now owns 5,022 shares of the company’s stock worth $255,000 after acquiring an additional 322 shares during the last quarter. Finally, Apollon Wealth Management LLC lifted its position in JPMorgan Ultra-Short Municipal ETF by 5.0% in the 3rd quarter. Apollon Wealth Management LLC now owns 7,244 shares of the company’s stock valued at $369,000 after acquiring an additional 348 shares in the last quarter.

JPMorgan Ultra-Short Municipal ETF Price Performance

JMST stock opened at $50.82 on Wednesday. The company’s 50-day moving average is $50.79 and its 200-day moving average is $50.82.

JPMorgan Ultra-Short Municipal ETF Cuts Dividend

The business also recently announced a dividend, which was paid on Wednesday, February 5th. Investors of record on Monday, February 3rd were given a dividend of $0.1208 per share. The ex-dividend date was Monday, February 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.