JPMorgan Ultra-Short Municipal ETF (BATS:JMST) Shares Purchased by NorthRock Partners LLC

NorthRock Partners LLC grew its position in shares of JPMorgan Ultra-Short Municipal ETF (BATS:JMST) by 356.6% during the 4th quarter, Holdings Channel.com reports. The firm owned 687,064 shares of the company’s stock after purchasing an additional 536,584 shares during the quarter. JPMorgan Ultra-Short Municipal ETF accounts for 1.1% of NorthRock Partners LLC’s holdings, making the stock its 16th largest holding. NorthRock Partners LLC’s holdings in JPMorgan Ultra-Short Municipal ETF were worth $34,841,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

Several other hedge funds and other institutional investors have also recently bought and sold shares of the company. John W. Brooker & Co. CPAs boosted its holdings in shares of JPMorgan Ultra-Short Municipal ETF by 1.0% in the 4th quarter. John W. Brooker & Co. CPAs now owns 27,303 shares of the company’s stock valued at $1,385,000 after purchasing an additional 267 shares during the last quarter. IFP Advisors Inc raised its position in shares of JPMorgan Ultra-Short Municipal ETF by 0.7% in the 4th quarter. IFP Advisors Inc now owns 43,456 shares of the company’s stock worth $2,204,000 after buying an additional 282 shares during the period. Meridian Financial LLC boosted its holdings in JPMorgan Ultra-Short Municipal ETF by 6.9% in the fourth 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 grew 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 acquiring an additional 333 shares during the period. Finally, Encompass Wealth Advisors LLC increased its stake in JPMorgan Ultra-Short Municipal ETF by 0.9% during the fourth quarter. Encompass Wealth Advisors LLC now owns 54,659 shares of the company’s stock worth $2,772,000 after acquiring an additional 482 shares during the last quarter.

JPMorgan Ultra-Short Municipal ETF Stock Down 0.0%

BATS JMST opened at $50.74 on Wednesday. JPMorgan Ultra-Short Municipal ETF has a 1-year low of $50.42 and a 1-year high of $50.98. The business’s 50-day simple moving average is $50.72 and its 200-day simple moving average is $50.77.

JPMorgan Ultra-Short Municipal ETF Increases Dividend

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

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.