JPMorgan Ultra-Short Municipal ETF (BATS:JMST) Holdings Lifted by FAS Wealth Partners Inc.

FAS Wealth Partners Inc. grew its holdings in shares of JPMorgan Ultra-Short Municipal ETF (BATS:JMST) by 6.1% during the fourth quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission. The fund owned 19,526 shares of the company’s stock after buying an additional 1,128 shares during the period. FAS Wealth Partners Inc.’s holdings in JPMorgan Ultra-Short Municipal ETF were worth $990,000 as of its most recent filing with the Securities and Exchange Commission.

Other hedge funds and other institutional investors have also made changes to their positions in the company. Howe & Rusling Inc. bought a new position in shares of JPMorgan Ultra-Short Municipal ETF in the fourth quarter valued at approximately $33,000. Assetmark Inc. boosted its stake in JPMorgan Ultra-Short Municipal ETF by 591.3% during the 4th quarter. Assetmark Inc. now owns 1,106 shares of the company’s stock valued at $56,000 after purchasing an additional 946 shares in the last quarter. Blue Trust Inc. acquired a new position in shares of JPMorgan Ultra-Short Municipal ETF during the 4th quarter valued at $82,000. Bank of Jackson Hole Trust bought a new stake in shares of JPMorgan Ultra-Short Municipal ETF in the 4th quarter worth $99,000. Finally, Millstone Evans Group LLC bought a new position in JPMorgan Ultra-Short Municipal ETF during the fourth quarter valued at about $132,000.

JPMorgan Ultra-Short Municipal ETF Price Performance

Shares of BATS JMST opened at $50.69 on Friday. JPMorgan Ultra-Short Municipal ETF has a twelve month low of $50.42 and a twelve month high of $50.98. The firm has a 50-day moving average of $50.74 and a two-hundred day moving average of $50.78.

JPMorgan Ultra-Short Municipal ETF Increases Dividend

The firm also recently declared a dividend, which was paid on Wednesday, March 5th. Shareholders of record on Monday, March 3rd were issued a $0.1277 dividend. This is an increase from JPMorgan Ultra-Short Municipal ETF’s previous dividend of $0.12. The ex-dividend date was Monday, March 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.