United Advisor Group LLC Has $1.01 Million Stock Holdings in JPMorgan Ultra-Short Municipal ETF (BATS:JMST)

United Advisor Group LLC raised its stake in shares of JPMorgan Ultra-Short Municipal ETF (BATS:JMST) by 14.9% in the third quarter, HoldingsChannel reports. The institutional investor owned 19,846 shares of the company’s stock after purchasing an additional 2,579 shares during the period. United Advisor Group LLC’s holdings in JPMorgan Ultra-Short Municipal ETF were worth $1,011,000 as of its most recent SEC filing.

Several other institutional investors and hedge funds have also modified their holdings of the stock. Chris Bulman Inc acquired a new stake in JPMorgan Ultra-Short Municipal ETF during the second quarter valued at $35,000. Financial Perspectives Inc bought a new position in JPMorgan Ultra-Short Municipal ETF during the second quarter valued at approximately $40,000. Larson Financial Group LLC acquired a new stake in JPMorgan Ultra-Short Municipal ETF in the second quarter valued at approximately $50,000. International Assets Investment Management LLC acquired a new position in shares of JPMorgan Ultra-Short Municipal ETF during the 2nd quarter worth $82,000. Finally, Key Financial Inc lifted its stake in shares of JPMorgan Ultra-Short Municipal ETF by 65.6% in the 3rd quarter. Key Financial Inc now owns 2,116 shares of the company’s stock valued at $108,000 after purchasing an additional 838 shares during the last quarter.

JPMorgan Ultra-Short Municipal ETF Stock Up 0.0 %

Shares of BATS:JMST opened at $50.70 on Tuesday. The business has a fifty day moving average of $50.85 and a 200-day moving average of $50.77.

JPMorgan Ultra-Short Municipal ETF Increases Dividend

The company also recently declared a dividend, which was paid on Thursday, September 5th. Shareholders of record on Tuesday, September 3rd were issued a dividend of $0.1451 per share. This is a boost from JPMorgan Ultra-Short Municipal ETF’s previous dividend of $0.14. The ex-dividend date was Tuesday, September 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.