Beverly Hills Private Wealth LLC Has $224,000 Position in JPMorgan Ultra-Short Municipal ETF (BATS:JMST)

Beverly Hills Private Wealth LLC reduced its position in shares of JPMorgan Ultra-Short Municipal ETF (BATS:JMST) by 38.8% during the 4th quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission. The fund owned 4,409 shares of the company’s stock after selling 2,793 shares during the period. Beverly Hills Private Wealth LLC’s holdings in JPMorgan Ultra-Short Municipal ETF were worth $224,000 as of its most recent filing with the Securities and Exchange Commission.

Several other institutional investors and hedge funds also recently made changes to their positions in JMST. John W. Brooker & Co. CPAs grew its holdings in JPMorgan Ultra-Short Municipal ETF by 1.0% during the 4th quarter. John W. Brooker & Co. CPAs now owns 27,303 shares of the company’s stock worth $1,385,000 after acquiring an additional 267 shares during the last quarter. IFP Advisors Inc increased its holdings in JPMorgan Ultra-Short Municipal ETF by 0.7% in the fourth quarter. IFP Advisors Inc now owns 43,456 shares of the company’s stock valued at $2,204,000 after purchasing an additional 282 shares during the period. Meridian Financial LLC raised its position in JPMorgan Ultra-Short Municipal ETF by 6.9% during the 4th quarter. Meridian Financial LLC now owns 5,022 shares of the company’s stock worth $255,000 after purchasing an additional 322 shares during the last quarter. Gradient Capital Advisors LLC lifted its holdings in JPMorgan Ultra-Short Municipal ETF by 4.3% during the 4th quarter. Gradient Capital Advisors LLC now owns 8,127 shares of the company’s stock worth $412,000 after buying an additional 333 shares during the period. Finally, Weaver Consulting Group grew its position in shares of JPMorgan Ultra-Short Municipal ETF by 9.3% in the 4th quarter. Weaver Consulting Group now owns 5,650 shares of the company’s stock valued at $287,000 after buying an additional 480 shares during the last quarter.

JPMorgan Ultra-Short Municipal ETF Stock Performance

Shares of JMST opened at $50.69 on Tuesday. The business has a 50-day moving average of $50.74 and a 200-day moving average of $50.78. JPMorgan Ultra-Short Municipal ETF has a 1 year low of $50.42 and a 1 year high of $50.98.

JPMorgan Ultra-Short Municipal ETF Increases Dividend

The company also recently declared a dividend, which was paid on Wednesday, March 5th. Stockholders of record on Monday, March 3rd were given a $0.1277 dividend. The ex-dividend date was Monday, March 3rd. This is an increase from JPMorgan Ultra-Short Municipal ETF’s previous dividend of $0.12.

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.