Thrivent Financial for Lutherans Buys 151,260 Shares of JPMorgan Ultra-Short Municipal ETF (BATS:JMST)

Thrivent Financial for Lutherans boosted its stake in shares of JPMorgan Ultra-Short Municipal ETF (BATS:JMST) by 33.5% in the fourth quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The firm owned 602,612 shares of the company’s stock after purchasing an additional 151,260 shares during the quarter. Thrivent Financial for Lutherans owned about 1.17% of JPMorgan Ultra-Short Municipal ETF worth $30,563,000 at the end of the most recent reporting period.

A number of other hedge funds and other institutional investors have also recently added to or reduced their stakes in the stock. John W. Brooker & Co. CPAs boosted its position in JPMorgan Ultra-Short Municipal ETF by 1.0% during the fourth quarter. John W. Brooker & Co. CPAs now owns 27,303 shares of the company’s stock worth $1,385,000 after purchasing an additional 267 shares during the period. IFP Advisors Inc boosted its position in JPMorgan Ultra-Short Municipal ETF by 0.7% during the fourth quarter. IFP Advisors Inc now owns 43,456 shares of the company’s stock worth $2,204,000 after purchasing an additional 282 shares during the period. Meridian Financial LLC boosted its position in JPMorgan Ultra-Short Municipal ETF by 6.9% during the fourth quarter. Meridian Financial LLC now owns 5,022 shares of the company’s stock worth $255,000 after purchasing an additional 322 shares during the period. Gradient Capital Advisors LLC boosted 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 worth $412,000 after purchasing an additional 333 shares during the period. Finally, Prospera Financial Services Inc boosted its position in JPMorgan Ultra-Short Municipal ETF by 1.6% during the third quarter. Prospera Financial Services Inc now owns 23,605 shares of the company’s stock worth $1,202,000 after purchasing an additional 361 shares during the period.

JPMorgan Ultra-Short Municipal ETF Price Performance

Shares of JPMorgan Ultra-Short Municipal ETF stock opened at $50.85 on Friday. JPMorgan Ultra-Short Municipal ETF has a 52-week low of $50.53 and a 52-week high of $50.97. The firm has a 50-day moving average of $50.82 and a 200-day moving average of $50.82.

JPMorgan Ultra-Short Municipal ETF Increases Dividend

The business also recently disclosed a dividend, which was paid on Wednesday, March 5th. Shareholders of record on Monday, March 3rd were given 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.

About JPMorgan Ultra-Short Municipal ETF

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.