JPMorgan Ultra-Short Municipal ETF (BATS:JMST) Plans Dividend Increase – $0.13 Per Share

JPMorgan Ultra-Short Municipal ETF (BATS:JMST) announced a dividend on Friday, February 28th, NASDAQ Dividends reports. Shareholders of record on Monday, March 3rd will be paid a dividend of 0.1277 per share on Wednesday, March 5th. The ex-dividend date of this dividend is Monday, March 3rd. This is a boost from JPMorgan Ultra-Short Municipal ETF’s previous dividend of $0.12.

JPMorgan Ultra-Short Municipal ETF Stock Performance

Shares of BATS:JMST traded up $0.16 on Friday, hitting $50.92. The company’s stock had a trading volume of 547,859 shares. The company’s 50 day moving average price is $50.81 and its 200-day moving average price is $50.82.

About JPMorgan Ultra-Short Municipal ETF

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.