Collaborative Wealth Managment Inc. Has $732,000 Stock Holdings in JPMorgan Ultra-Short Municipal ETF (BATS:JMST)

Collaborative Wealth Managment Inc. grew its holdings in JPMorgan Ultra-Short Municipal ETF (BATS:JMST) by 11.9% during the fourth quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The firm owned 14,434 shares of the company’s stock after purchasing an additional 1,533 shares during the quarter. Collaborative Wealth Managment Inc.’s holdings in JPMorgan Ultra-Short Municipal ETF were worth $732,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

Other hedge funds and other institutional investors also recently made changes to their positions in the company. River Street Advisors LLC acquired a new position in shares of JPMorgan Ultra-Short Municipal ETF in the 3rd quarter valued at about $30,000. Assetmark Inc. increased its position in JPMorgan Ultra-Short Municipal ETF by 591.3% in the 4th quarter. Assetmark Inc. now owns 1,106 shares of the company’s stock valued at $56,000 after buying an additional 946 shares in the last quarter. Legacy Investment Solutions LLC bought a new stake in JPMorgan Ultra-Short Municipal ETF in the 3rd quarter valued at about $60,000. MidAtlantic Capital Management Inc. bought a new stake in JPMorgan Ultra-Short Municipal ETF in the 3rd quarter valued at about $80,000. Finally, Blue Trust Inc. bought a new stake in JPMorgan Ultra-Short Municipal ETF in the 4th quarter valued at about $82,000.

JPMorgan Ultra-Short Municipal ETF Stock Up 0.1 %

Shares of JPMorgan Ultra-Short Municipal ETF stock opened at $50.82 on Friday. JPMorgan Ultra-Short Municipal ETF has a one year low of $50.53 and a one year high of $50.97. The business has a 50-day simple moving average of $50.81 and a 200 day simple moving average of $50.82.

JPMorgan Ultra-Short Municipal ETF Increases Dividend

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

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.