Thrivent Financial for Lutherans Increases Stock Position in JPMorgan Ultra-Short Municipal ETF (BATS:JMST)

Thrivent Financial for Lutherans boosted its position in JPMorgan Ultra-Short Municipal ETF (BATS:JMST) by 20.3% during the third quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The fund owned 451,352 shares of the company’s stock after acquiring an additional 76,131 shares during the period. Thrivent Financial for Lutherans owned 0.87% of JPMorgan Ultra-Short Municipal ETF worth $22,992,000 at the end of the most recent reporting period.

Other hedge funds have also recently modified their holdings of the company. River Street Advisors LLC bought a new position in JPMorgan Ultra-Short Municipal ETF in the 3rd quarter worth $30,000. Chris Bulman Inc bought a new position in JPMorgan Ultra-Short Municipal ETF in the second quarter worth about $35,000. Financial Perspectives Inc purchased a new stake in JPMorgan Ultra-Short Municipal ETF in the second quarter worth about $40,000. Larson Financial Group LLC bought a new stake in JPMorgan Ultra-Short Municipal ETF during the 2nd quarter valued at approximately $50,000. Finally, International Assets Investment Management LLC bought a new stake in JPMorgan Ultra-Short Municipal ETF during the 2nd quarter valued at approximately $82,000.

JPMorgan Ultra-Short Municipal ETF Stock Up 0.0 %

Shares of JPMorgan Ultra-Short Municipal ETF stock opened at $50.83 on Wednesday. The firm’s 50 day moving average price is $50.82 and its two-hundred day moving average price is $50.78.

JPMorgan Ultra-Short Municipal ETF Increases Dividend

The firm also recently disclosed a dividend, which was paid on Thursday, September 5th. Investors of record on Tuesday, September 3rd were paid a dividend of $0.1451 per share. The ex-dividend date of this dividend was Tuesday, September 3rd. This is a positive change from JPMorgan Ultra-Short Municipal ETF’s previous dividend of $0.14.

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.