Albion Financial Group UT Buys 12,890 Shares of JPMorgan Ultra-Short Municipal ETF (BATS:JMST)

Albion Financial Group UT raised its stake in JPMorgan Ultra-Short Municipal ETF (BATS:JMST) by 20.4% in the third quarter, Holdings Channel reports. The firm owned 76,154 shares of the company’s stock after acquiring an additional 12,890 shares during the quarter. Albion Financial Group UT’s holdings in JPMorgan Ultra-Short Municipal ETF were worth $3,879,000 as of its most recent SEC filing.

Other institutional investors have also recently made changes to their positions in the company. Harbor Group Inc. raised its holdings in shares of JPMorgan Ultra-Short Municipal ETF by 27.7% in the 1st quarter. Harbor Group Inc. now owns 5,062 shares of the company’s stock valued at $257,000 after purchasing an additional 1,097 shares during the period. Raymond James & Associates raised its stake in JPMorgan Ultra-Short Municipal ETF by 3.3% in the second quarter. Raymond James & Associates now owns 187,169 shares of the company’s stock valued at $9,498,000 after buying an additional 6,055 shares during the period. Aletheian Wealth Advisors LLC acquired a new stake in shares of JPMorgan Ultra-Short Municipal ETF in the first quarter valued at approximately $204,000. Harbour Investments Inc. boosted its stake in shares of JPMorgan Ultra-Short Municipal ETF by 2.2% during the 2nd quarter. Harbour Investments Inc. now owns 10,955 shares of the company’s stock worth $556,000 after acquiring an additional 238 shares during the period. Finally, GAMMA Investing LLC acquired a new position in shares of JPMorgan Ultra-Short Municipal ETF during the 1st quarter worth approximately $50,000.

JPMorgan Ultra-Short Municipal ETF Trading Up 0.0 %

JMST opened at $50.82 on Friday. The firm has a fifty day simple moving average of $50.86 and a two-hundred day simple moving average of $50.75.

JPMorgan Ultra-Short Municipal ETF Increases Dividend

The business also recently disclosed a dividend, which was paid on Thursday, September 5th. Stockholders of record on Tuesday, September 3rd were given a $0.1451 dividend. 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.

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.