Martin Worley Group Takes $921,000 Position in JPMorgan Ultra-Short Municipal ETF (BATS:JMST)

Martin Worley Group bought a new position in shares of JPMorgan Ultra-Short Municipal ETF (BATS:JMST) in the fourth quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The institutional investor bought 18,170 shares of the company’s stock, valued at approximately $921,000.

Other hedge funds also recently bought and sold shares of the company. Howe & Rusling Inc. acquired a new position in shares of JPMorgan Ultra-Short Municipal ETF in the 4th quarter valued at $33,000. Assetmark Inc. grew its stake in JPMorgan Ultra-Short Municipal ETF by 591.3% during the 4th quarter. Assetmark Inc. now owns 1,106 shares of the company’s stock valued at $56,000 after purchasing an additional 946 shares during the last quarter. Legacy Investment Solutions LLC acquired a new position in shares of JPMorgan Ultra-Short Municipal ETF in the third quarter valued at about $60,000. Blue Trust Inc. purchased a new position in shares of JPMorgan Ultra-Short Municipal ETF in the fourth quarter worth about $82,000. Finally, Bank of Jackson Hole Trust acquired a new stake in shares of JPMorgan Ultra-Short Municipal ETF during the fourth quarter worth about $99,000.

JPMorgan Ultra-Short Municipal ETF Trading Down 0.0 %

BATS:JMST opened at $50.75 on Thursday. The company’s fifty day moving average price is $50.83 and its 200-day moving average price is $50.81. JPMorgan Ultra-Short Municipal ETF has a 1-year low of $50.53 and a 1-year high of $50.98.

JPMorgan Ultra-Short Municipal ETF Increases Dividend

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

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.