Souders Financial Advisors Acquires 1,148 Shares of JPMorgan Ultra-Short Municipal ETF (BATS:JMST)

Souders Financial Advisors lifted its holdings in shares of JPMorgan Ultra-Short Municipal ETF (BATS:JMST) by 10.1% during the 4th quarter, according to the company in its most recent filing with the Securities and Exchange Commission (SEC). The institutional investor owned 12,507 shares of the company’s stock after purchasing an additional 1,148 shares during the period. Souders Financial Advisors’ holdings in JPMorgan Ultra-Short Municipal ETF were worth $634,000 at the end of the most recent reporting period.

Several other institutional investors and hedge funds also recently made changes to their positions in JMST. Keybank National Association OH boosted its holdings in JPMorgan Ultra-Short Municipal ETF by 117.4% in the fourth quarter. Keybank National Association OH now owns 123,044 shares of the company’s stock worth $6,240,000 after acquiring an additional 66,453 shares in the last quarter. Amara Financial LLC. bought a new position in JPMorgan Ultra-Short Municipal ETF in the fourth quarter worth approximately $386,000. Jones Financial Companies Lllp boosted its holdings in JPMorgan Ultra-Short Municipal ETF by 168.9% in the fourth quarter. Jones Financial Companies Lllp now owns 79,755 shares of the company’s stock worth $4,044,000 after acquiring an additional 50,100 shares in the last quarter. Bailard Inc. bought a new position in JPMorgan Ultra-Short Municipal ETF in the fourth quarter worth approximately $43,522,000. Finally, Jacobi Capital Management LLC boosted its holdings in JPMorgan Ultra-Short Municipal ETF by 36.3% in the fourth quarter. Jacobi Capital Management LLC now owns 7,436 shares of the company’s stock worth $377,000 after acquiring an additional 1,980 shares in the last quarter.

JPMorgan Ultra-Short Municipal ETF Stock Performance

Shares of BATS:JMST opened at $50.80 on Thursday. The business has a 50-day moving average price of $50.81 and a 200 day moving average price of $50.82.

JPMorgan Ultra-Short Municipal ETF Increases Dividend

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

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.