Advisory Services Network LLC Buys Shares of 7,215 JPMorgan Ultra-Short Municipal ETF (BATS:JMST)

Advisory Services Network LLC purchased a new position in JPMorgan Ultra-Short Municipal ETF (BATS:JMST) in the fourth quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The fund purchased 7,215 shares of the company’s stock, valued at approximately $366,000.

Other large investors have also added to or reduced their stakes in the company. John W. Brooker & Co. CPAs increased its holdings in 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. IFP Advisors Inc lifted its position in shares of JPMorgan Ultra-Short Municipal ETF by 0.7% in the fourth quarter. IFP Advisors Inc now owns 43,456 shares of the company’s stock worth $2,204,000 after buying an additional 282 shares in the last quarter. Meridian Financial LLC boosted its position in shares of JPMorgan Ultra-Short Municipal ETF by 6.9% during the 4th quarter. Meridian Financial LLC now owns 5,022 shares of the company’s stock valued at $255,000 after acquiring an additional 322 shares during the last quarter. Gradient Capital Advisors LLC lifted its position in JPMorgan Ultra-Short Municipal ETF by 4.3% during the fourth quarter. Gradient Capital Advisors LLC now owns 8,127 shares of the company’s stock valued at $412,000 after purchasing an additional 333 shares during the last quarter. Finally, Weaver Consulting Group lifted its holdings in shares of JPMorgan Ultra-Short Municipal ETF by 9.3% in the 4th quarter. Weaver Consulting Group now owns 5,650 shares of the company’s stock valued at $287,000 after acquiring an additional 480 shares during the last quarter.

JPMorgan Ultra-Short Municipal ETF Trading Down 0.3 %

Shares of JPMorgan Ultra-Short Municipal ETF stock opened at $50.63 on Friday. The stock has a 50 day moving average price of $50.77 and a 200-day moving average price of $50.79. JPMorgan Ultra-Short Municipal ETF has a one year low of $50.42 and a one year high of $50.98.

JPMorgan Ultra-Short Municipal ETF Increases Dividend

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

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.