JPMorgan Ultra-Short Municipal ETF (BATS:JMST) Shares Purchased by Financial Advocates Investment Management

Financial Advocates Investment Management raised its stake in JPMorgan Ultra-Short Municipal ETF (BATS:JMST) by 14.2% in the 3rd quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 5,076 shares of the company’s stock after acquiring an additional 632 shares during the period. Financial Advocates Investment Management’s holdings in JPMorgan Ultra-Short Municipal ETF were worth $259,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

Several other hedge funds also recently made changes to their positions in JMST. Chris Bulman Inc acquired a new position in JPMorgan Ultra-Short Municipal ETF in the 2nd quarter valued at about $35,000. Financial Perspectives Inc acquired a new position in JPMorgan Ultra-Short Municipal ETF during the second quarter worth $40,000. Larson Financial Group LLC acquired a new stake in JPMorgan Ultra-Short Municipal ETF in the 2nd quarter valued at about $50,000. International Assets Investment Management LLC acquired a new stake in shares of JPMorgan Ultra-Short Municipal ETF in the second quarter valued at approximately $82,000. Finally, Centaurus Financial Inc. acquired a new stake in JPMorgan Ultra-Short Municipal ETF during the 2nd quarter valued at $112,000.

JPMorgan Ultra-Short Municipal ETF Stock Up 0.0 %

BATS JMST opened at $50.68 on Monday. The business has a fifty day moving average of $50.85 and a two-hundred day moving average of $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 given a dividend of $0.1451 per share. The ex-dividend date 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.