JPMorgan Ultra-Short Municipal ETF (BATS:JMST) Shares Acquired by Resonant Capital Advisors LLC

Resonant Capital Advisors LLC boosted its position in JPMorgan Ultra-Short Municipal ETF (BATS:JMST) by 28.8% during the third quarter, HoldingsChannel.com reports. The institutional investor owned 1,150,249 shares of the company’s stock after acquiring an additional 257,415 shares during the quarter. JPMorgan Ultra-Short Municipal ETF makes up approximately 4.3% of Resonant Capital Advisors LLC’s investment portfolio, making the stock its 3rd largest holding. Resonant Capital Advisors LLC’s holdings in JPMorgan Ultra-Short Municipal ETF were worth $58,594,000 at the end of the most recent reporting period.

Several other institutional investors have also recently bought and sold shares of the company. Annex Advisory Services LLC acquired a new stake in shares of JPMorgan Ultra-Short Municipal ETF in the third quarter valued at about $21,711,000. Cambridge Investment Research Advisors Inc. lifted its position in shares of JPMorgan Ultra-Short Municipal ETF by 325.3% during the 2nd quarter. Cambridge Investment Research Advisors Inc. now owns 395,478 shares of the company’s stock worth $20,069,000 after purchasing an additional 302,492 shares during the last quarter. LPL Financial LLC lifted its position in shares of JPMorgan Ultra-Short Municipal ETF by 10.9% during the 2nd quarter. LPL Financial LLC now owns 1,757,832 shares of the company’s stock worth $89,201,000 after purchasing an additional 172,347 shares during the last quarter. NewEdge Advisors LLC lifted its position in shares of JPMorgan Ultra-Short Municipal ETF by 400.5% during the 2nd quarter. NewEdge Advisors LLC now owns 201,965 shares of the company’s stock worth $10,249,000 after purchasing an additional 161,613 shares during the last quarter. Finally, Thrivent Financial for Lutherans lifted its position in shares of JPMorgan Ultra-Short Municipal ETF by 72.9% during the 2nd quarter. Thrivent Financial for Lutherans now owns 375,221 shares of the company’s stock worth $19,041,000 after purchasing an additional 158,170 shares during the last quarter.

JPMorgan Ultra-Short Municipal ETF Stock Up 0.0 %

BATS JMST opened at $50.82 on Friday. The business’s fifty day simple moving average is $50.87 and its 200-day simple moving average is $50.75.

JPMorgan Ultra-Short Municipal ETF Increases Dividend

The firm also recently disclosed 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 boost from JPMorgan Ultra-Short Municipal ETF’s previous dividend of $0.14.

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.