Kuhn & Co Investment Counsel Purchases 1,868 Shares of JPMorgan Ultra-Short Municipal ETF (BATS:JMST)

Kuhn & Co Investment Counsel grew its position in JPMorgan Ultra-Short Municipal ETF (BATS:JMST) by 17.5% during the fourth quarter, Holdings Channel reports. The institutional investor owned 12,554 shares of the company’s stock after acquiring an additional 1,868 shares during the quarter. Kuhn & Co Investment Counsel’s holdings in JPMorgan Ultra-Short Municipal ETF were worth $637,000 as of its most recent SEC filing.

Other institutional investors have also modified their holdings of the company. Salomon & Ludwin LLC boosted its stake in JPMorgan Ultra-Short Municipal ETF by 0.8% in the 4th quarter. Salomon & Ludwin LLC now owns 1,027,536 shares of the company’s stock worth $52,106,000 after purchasing an additional 7,925 shares in the last quarter. Blue Trust Inc. acquired a new stake in JPMorgan Ultra-Short Municipal ETF in the 4th quarter worth approximately $82,000. Aries Wealth Management boosted its stake in JPMorgan Ultra-Short Municipal ETF by 11.5% in the 4th quarter. Aries Wealth Management now owns 6,300 shares of the company’s stock worth $319,000 after purchasing an additional 650 shares in the last quarter. Diversified Portfolios Inc. boosted its stake in JPMorgan Ultra-Short Municipal ETF by 105.9% in the 4th quarter. Diversified Portfolios Inc. now owns 136,348 shares of the company’s stock worth $6,914,000 after purchasing an additional 70,142 shares in the last quarter. Finally, Avidian Wealth Enterprises LLC boosted its stake in JPMorgan Ultra-Short Municipal ETF by 24.2% in the 4th quarter. Avidian Wealth Enterprises LLC now owns 54,132 shares of the company’s stock worth $2,745,000 after purchasing an additional 10,548 shares in the last quarter.

JPMorgan Ultra-Short Municipal ETF Stock Up 0.1 %

JMST stock opened at $50.82 on Friday. The stock has a 50 day moving average of $50.79 and a 200 day moving average of $50.82.

JPMorgan Ultra-Short Municipal ETF Cuts Dividend

The firm also recently disclosed a dividend, which was paid on Wednesday, February 5th. Shareholders of record on Monday, February 3rd were paid a dividend of $0.1208 per share. The ex-dividend date of this dividend 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.