Axxcess Wealth Management LLC Buys 4,752 Shares of JPMorgan Ultra-Short Municipal ETF (BATS:JMST)

Axxcess Wealth Management LLC grew its stake in shares of JPMorgan Ultra-Short Municipal ETF (BATS:JMST) by 5.5% during the 2nd quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The firm owned 91,942 shares of the company’s stock after purchasing an additional 4,752 shares during the period. Axxcess Wealth Management LLC owned approximately 0.18% of JPMorgan Ultra-Short Municipal ETF worth $4,666,000 as of its most recent filing with the Securities and Exchange Commission.

A number of other institutional investors and hedge funds also recently made changes to their positions in the stock. Chris Bulman Inc bought a new stake in JPMorgan Ultra-Short Municipal ETF during the 2nd quarter valued at $35,000. Financial Perspectives Inc acquired a new position in shares of JPMorgan Ultra-Short Municipal ETF during the second quarter valued at about $40,000. Larson Financial Group LLC bought a new stake in shares of JPMorgan Ultra-Short Municipal ETF during the second quarter worth about $50,000. GAMMA Investing LLC acquired a new stake in shares of JPMorgan Ultra-Short Municipal ETF in the 1st quarter worth about $50,000. Finally, Cooksen Wealth LLC acquired a new stake in shares of JPMorgan Ultra-Short Municipal ETF in the 4th quarter worth about $51,000.

JPMorgan Ultra-Short Municipal ETF Price Performance

JMST stock opened at $50.87 on Wednesday. The company’s 50-day moving average is $50.84 and its 200-day moving average is $50.73.

JPMorgan Ultra-Short Municipal ETF Increases Dividend

The business also recently announced a dividend, which was paid on Thursday, September 5th. Investors of record on Tuesday, September 3rd were given 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 of this dividend 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.