Aptus Capital Advisors LLC Acquires 92,132 Shares of JPMorgan Ultra-Short Municipal ETF (BATS:JMST)

Aptus Capital Advisors LLC boosted its position in JPMorgan Ultra-Short Municipal ETF (BATS:JMST) by 129.9% in the third quarter, according to its most recent filing with the SEC. The institutional investor owned 163,063 shares of the company’s stock after purchasing an additional 92,132 shares during the period. Aptus Capital Advisors LLC’s holdings in JPMorgan Ultra-Short Municipal ETF were worth $8,306,000 as of its most recent SEC filing.

A number of other institutional investors have also added to or reduced their stakes in the company. Prime Capital Investment Advisors LLC purchased a new position in JPMorgan Ultra-Short Municipal ETF in the third quarter valued at about $288,000. Apollon Wealth Management LLC boosted its stake in JPMorgan Ultra-Short Municipal ETF by 5.0% in the third quarter. Apollon Wealth Management LLC now owns 7,244 shares of the company’s stock valued at $369,000 after acquiring an additional 348 shares during the last quarter. Venturi Wealth Management LLC boosted its stake in JPMorgan Ultra-Short Municipal ETF by 31.9% in the third quarter. Venturi Wealth Management LLC now owns 48,162 shares of the company’s stock valued at $2,453,000 after acquiring an additional 11,639 shares during the last quarter. 1900 Wealth Management LLC boosted its stake in JPMorgan Ultra-Short Municipal ETF by 32.2% in the third quarter. 1900 Wealth Management LLC now owns 43,914 shares of the company’s stock valued at $2,228,000 after acquiring an additional 10,699 shares during the last quarter. Finally, Tyler Stone Wealth Management lifted its stake in shares of JPMorgan Ultra-Short Municipal ETF by 43.8% during the 3rd quarter. Tyler Stone Wealth Management now owns 11,218 shares of the company’s stock valued at $571,000 after buying an additional 3,416 shares in the last quarter.

JPMorgan Ultra-Short Municipal ETF Stock Performance

Shares of JMST stock opened at $50.75 on Wednesday. The company’s 50 day simple moving average is $50.83 and its 200 day simple moving average is $50.77.

JPMorgan Ultra-Short Municipal ETF Increases Dividend

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