Adamsbrown Wealth Consultants LLC Has $2.73 Million Position in JPMorgan Ultra-Short Municipal ETF (BATS:JMST)

Adamsbrown Wealth Consultants LLC lifted its holdings in shares of JPMorgan Ultra-Short Municipal ETF (BATS:JMST) by 16.0% during the fourth quarter, HoldingsChannel reports. The firm owned 53,832 shares of the company’s stock after acquiring an additional 7,420 shares during the quarter. JPMorgan Ultra-Short Municipal ETF comprises 0.9% of Adamsbrown Wealth Consultants LLC’s holdings, making the stock its 16th largest holding. Adamsbrown Wealth Consultants LLC’s holdings in JPMorgan Ultra-Short Municipal ETF were worth $2,730,000 at the end of the most recent reporting period.

A number of other hedge funds also recently modified their holdings of the business. CENTRAL TRUST Co raised its position in JPMorgan Ultra-Short Municipal ETF by 268.5% in the 4th quarter. CENTRAL TRUST Co now owns 89,292 shares of the company’s stock valued at $4,528,000 after buying an additional 65,064 shares during the last quarter. SkyOak Wealth LLC raised its position in JPMorgan Ultra-Short Municipal ETF by 26.7% in the 4th quarter. SkyOak Wealth LLC now owns 68,907 shares of the company’s stock valued at $3,494,000 after buying an additional 14,528 shares during the last quarter. Great Point Wealth Advisors LLC raised its position in JPMorgan Ultra-Short Municipal ETF by 1.5% in the 4th quarter. Great Point Wealth Advisors LLC now owns 156,595 shares of the company’s stock valued at $7,941,000 after buying an additional 2,248 shares during the last quarter. Narus Financial Partners LLC raised its position in JPMorgan Ultra-Short Municipal ETF by 6.7% in the 4th quarter. Narus Financial Partners LLC now owns 65,191 shares of the company’s stock valued at $3,306,000 after buying an additional 4,113 shares during the last quarter. Finally, Evernest Financial Advisors LLC raised its position in JPMorgan Ultra-Short Municipal ETF by 16.5% in the 4th quarter. Evernest Financial Advisors LLC now owns 78,923 shares of the company’s stock valued at $4,002,000 after buying an additional 11,149 shares during the last quarter.

JPMorgan Ultra-Short Municipal ETF Trading Up 0.2 %

Shares of JPMorgan Ultra-Short Municipal ETF stock opened at $50.89 on Monday. The company has a 50-day moving average price of $50.80 and a 200 day moving average price of $50.82.

JPMorgan Ultra-Short Municipal ETF Cuts Dividend

The business also recently declared a dividend, which will be paid on Wednesday, February 5th. Shareholders of record on Monday, February 3rd will be given a dividend of $0.1208 per share. The ex-dividend date of this dividend is Monday, February 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.