JPMorgan Ultra-Short Municipal ETF (BATS:JMST) Shares Bought by EP Wealth Advisors LLC

EP Wealth Advisors LLC grew its holdings in shares of JPMorgan Ultra-Short Municipal ETF (BATS:JMST) by 7.7% in the 4th quarter, Holdings Channel reports. The fund owned 101,385 shares of the company’s stock after acquiring an additional 7,265 shares during the period. EP Wealth Advisors LLC’s holdings in JPMorgan Ultra-Short Municipal ETF were worth $5,144,000 as of its most recent SEC filing.

Several other large investors also recently modified their holdings of JMST. Macroview Investment Management LLC acquired a new stake in shares of JPMorgan Ultra-Short Municipal ETF during the fourth quarter valued at about $30,000. CVA Family Office LLC bought a new position in JPMorgan Ultra-Short Municipal ETF in the fourth quarter worth about $75,000. Tyler Stone Wealth Management lifted its holdings in JPMorgan Ultra-Short Municipal ETF by 33.3% in the third quarter. Tyler Stone Wealth Management now owns 3,200 shares of the company’s stock worth $161,000 after acquiring an additional 800 shares during the last quarter. West Paces Advisors Inc. lifted its holdings in JPMorgan Ultra-Short Municipal ETF by 16.4% in the fourth quarter. West Paces Advisors Inc. now owns 3,510 shares of the company’s stock worth $178,000 after acquiring an additional 495 shares during the last quarter. Finally, Harbor Group Inc. bought a new position in JPMorgan Ultra-Short Municipal ETF in the fourth quarter worth about $201,000.

JPMorgan Ultra-Short Municipal ETF Price Performance

BATS JMST remained flat at $50.68 during trading hours on Friday. 407,527 shares of the company’s stock were exchanged. The business has a 50-day moving average of $50.65 and a 200 day moving average of $50.70.

JPMorgan Ultra-Short Municipal ETF Increases Dividend

The firm also recently announced a dividend, which was paid on Wednesday, June 5th. Shareholders of record on Monday, June 3rd were issued a $0.1445 dividend. The ex-dividend date of this dividend was Monday, June 3rd. This is a boost from JPMorgan Ultra-Short Municipal ETF’s previous dividend of $0.14.

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.