JPMorgan Ultra-Short Municipal ETF $JMST Stock Holdings Lifted by Weatherly Asset Management L. P.

Weatherly Asset Management L. P. increased its position in shares of JPMorgan Ultra-Short Municipal ETF (BATS:JMST) by 3.8% during the fourth quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The firm owned 707,636 shares of the company’s stock after acquiring an additional 25,812 shares during the quarter. JPMorgan Ultra-Short Municipal ETF accounts for about 2.8% of Weatherly Asset Management L. P.’s holdings, making the stock its 7th largest position. Weatherly Asset Management L. P. owned approximately 0.89% of JPMorgan Ultra-Short Municipal ETF worth $36,115,000 at the end of the most recent reporting period.

A number of other hedge funds and other institutional investors have also recently added to or reduced their stakes in the company. Rice Partnership LLC acquired a new stake in JPMorgan Ultra-Short Municipal ETF during the 3rd quarter valued at $43,000. Financial Network Wealth Advisors LLC raised its position in JPMorgan Ultra-Short Municipal ETF by 2,202.2% during the third quarter. Financial Network Wealth Advisors LLC now owns 1,059 shares of the company’s stock valued at $54,000 after buying an additional 1,013 shares during the period. US Bancorp DE lifted its stake in JPMorgan Ultra-Short Municipal ETF by 130.6% in the 3rd quarter. US Bancorp DE now owns 1,153 shares of the company’s stock worth $59,000 after acquiring an additional 653 shares in the last quarter. Park Place Capital Corp boosted its position in JPMorgan Ultra-Short Municipal ETF by 118.3% during the 4th quarter. Park Place Capital Corp now owns 1,757 shares of the company’s stock worth $90,000 after acquiring an additional 952 shares during the period. Finally, Triumph Capital Management acquired a new stake in JPMorgan Ultra-Short Municipal ETF during the 3rd quarter worth about $96,000.

JPMorgan Ultra-Short Municipal ETF Stock Down 0.1%

BATS:JMST opened at $50.91 on Thursday. JPMorgan Ultra-Short Municipal ETF has a fifty-two week low of $50.42 and a fifty-two week high of $51.13. The stock’s 50-day moving average is $51.04 and its two-hundred day moving average is $50.99.

JPMorgan Ultra-Short Municipal ETF Increases Dividend

The business also recently disclosed a monthly dividend, which was paid on Wednesday, March 4th. Investors of record on Monday, March 2nd were given a dividend of $0.1157 per share. The ex-dividend date of this dividend was Monday, March 2nd. This is a boost from JPMorgan Ultra-Short Municipal ETF’s previous monthly dividend of $0.10. This represents a c) dividend on an annualized basis and a yield of 2.7%.

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.