JPMorgan Ultra-Short Municipal ETF (BATS:JMST) Stake Raised by Avidian Wealth Enterprises LLC

Avidian Wealth Enterprises LLC boosted its holdings in shares of JPMorgan Ultra-Short Municipal ETF (BATS:JMST) by 24.2% in the fourth quarter, according to its most recent filing with the Securities and Exchange Commission. The firm owned 54,132 shares of the company’s stock after acquiring an additional 10,548 shares during the quarter. Avidian Wealth Enterprises LLC owned 0.10% of JPMorgan Ultra-Short Municipal ETF worth $2,745,000 at the end of the most recent quarter.

Several other institutional investors and hedge funds also recently bought and sold shares of JMST. Cliftonlarsonallen Wealth Advisors LLC boosted its holdings in shares of JPMorgan Ultra-Short Municipal ETF by 0.7% during the third quarter. Cliftonlarsonallen Wealth Advisors LLC now owns 351,993 shares of the company’s stock worth $17,931,000 after purchasing an additional 2,495 shares during the period. HTLF Bank lifted its position in JPMorgan Ultra-Short Municipal ETF by 3.2% in the 3rd quarter. HTLF Bank now owns 8,162 shares of the company’s stock worth $416,000 after buying an additional 253 shares in the last quarter. ERn Financial LLC boosted its stake in shares of JPMorgan Ultra-Short Municipal ETF by 24.6% during the 3rd quarter. ERn Financial LLC now owns 42,514 shares of the company’s stock valued at $2,166,000 after buying an additional 8,405 shares during the period. CCG Wealth Management LLC acquired a new stake in shares of JPMorgan Ultra-Short Municipal ETF during the 3rd quarter valued at $1,562,000. Finally, Opal Wealth Advisors LLC grew its holdings in shares of JPMorgan Ultra-Short Municipal ETF by 9.6% during the 3rd quarter. Opal Wealth Advisors LLC now owns 164,807 shares of the company’s stock valued at $8,395,000 after acquiring an additional 14,460 shares in the last quarter.

JPMorgan Ultra-Short Municipal ETF Stock Performance

BATS JMST opened at $50.82 on Wednesday. The stock has a fifty day moving average of $50.79 and a two-hundred day moving average of $50.82.

JPMorgan Ultra-Short Municipal ETF Cuts Dividend

The company also recently declared a dividend, which was paid on Wednesday, February 5th. Investors of record on Monday, February 3rd were paid a $0.1208 dividend. The ex-dividend date was Monday, February 3rd.

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.