JPMorgan Ultra-Short Municipal ETF (BATS:JMST) Shares Acquired by Commonwealth Financial Services LLC

Commonwealth Financial Services LLC boosted its stake in JPMorgan Ultra-Short Municipal ETF (BATS:JMST) by 11.1% during the 3rd quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The firm owned 15,956 shares of the company’s stock after buying an additional 1,588 shares during the period. Commonwealth Financial Services LLC’s holdings in JPMorgan Ultra-Short Municipal ETF were worth $811,000 as of its most recent SEC filing.

A number of other hedge funds also recently added to or reduced their stakes in the stock. Harbor Group Inc. boosted its position in JPMorgan Ultra-Short Municipal ETF by 27.7% during the 1st quarter. Harbor Group Inc. now owns 5,062 shares of the company’s stock worth $257,000 after acquiring an additional 1,097 shares during the period. Raymond James & Associates grew its position in JPMorgan Ultra-Short Municipal ETF by 3.3% in the 2nd quarter. Raymond James & Associates now owns 187,169 shares of the company’s stock valued at $9,498,000 after buying an additional 6,055 shares in the last quarter. Harbour Investments Inc. increased its stake in JPMorgan Ultra-Short Municipal ETF by 2.2% during the 2nd quarter. Harbour Investments Inc. now owns 10,955 shares of the company’s stock valued at $556,000 after buying an additional 238 shares during the period. Krilogy Financial LLC acquired a new position in JPMorgan Ultra-Short Municipal ETF during the 2nd quarter valued at about $518,000. Finally, Choreo LLC bought a new stake in shares of JPMorgan Ultra-Short Municipal ETF during the 2nd quarter worth about $225,000.

JPMorgan Ultra-Short Municipal ETF Stock Performance

Shares of JMST stock traded down $0.03 during mid-day trading on Thursday, hitting $50.79. 353,241 shares of the stock traded hands. The stock’s fifty day simple moving average is $50.87 and its 200-day simple moving average is $50.76.

JPMorgan Ultra-Short Municipal ETF Increases Dividend

The company also recently announced a dividend, which was paid on Thursday, September 5th. Stockholders of record on Tuesday, September 3rd were given a $0.1451 dividend. This is an increase from JPMorgan Ultra-Short Municipal ETF’s previous dividend of $0.14. The ex-dividend date 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.