Global Retirement Partners LLC Boosts Stock Position in JPMorgan Ultra-Short Municipal ETF (BATS:JMST)

Global Retirement Partners LLC raised its stake in shares of JPMorgan Ultra-Short Municipal ETF (BATS:JMST) by 8.9% in the 4th quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The fund owned 55,690 shares of the company’s stock after acquiring an additional 4,532 shares during the period. Global Retirement Partners LLC’s holdings in JPMorgan Ultra-Short Municipal ETF were worth $2,824,000 as of its most recent SEC filing.

Other institutional investors and hedge funds have also recently added to or reduced their stakes in the company. River Street Advisors LLC acquired a new position in JPMorgan Ultra-Short Municipal ETF during the 3rd quarter worth approximately $30,000. Legacy Investment Solutions LLC acquired a new position in JPMorgan Ultra-Short Municipal ETF during the 3rd quarter worth approximately $60,000. MidAtlantic Capital Management Inc. acquired a new position in JPMorgan Ultra-Short Municipal ETF during the 3rd quarter worth approximately $80,000. Blue Trust Inc. acquired a new position in JPMorgan Ultra-Short Municipal ETF during the 4th quarter worth approximately $82,000. Finally, Bank of Jackson Hole Trust acquired a new position in JPMorgan Ultra-Short Municipal ETF during the 4th quarter worth approximately $99,000.

JPMorgan Ultra-Short Municipal ETF Stock Performance

JMST opened at $50.84 on Thursday. The stock has a fifty day moving average price of $50.79 and a 200 day moving average price of $50.82.

JPMorgan Ultra-Short Municipal ETF Cuts Dividend

The company also recently declared a dividend, which was paid on Wednesday, February 5th. Investors of record on Monday, February 3rd were issued a $0.1208 dividend. The ex-dividend date of this dividend was Monday, February 3rd.

JPMorgan Ultra-Short Municipal ETF 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.