JPMorgan Ultra-Short Municipal ETF (BATS:JMST) Shares Purchased by Great Valley Advisor Group Inc.

Great Valley Advisor Group Inc. raised its holdings in shares of JPMorgan Ultra-Short Municipal ETF (BATS:JMST) by 28.5% in the 3rd quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission (SEC). The fund owned 373,960 shares of the company’s stock after purchasing an additional 82,953 shares during the period. Great Valley Advisor Group Inc.’s holdings in JPMorgan Ultra-Short Municipal ETF were worth $19,050,000 as of its most recent SEC filing.

A number of other institutional investors and hedge funds also recently modified their holdings of JMST. Nwam LLC lifted its holdings in shares of JPMorgan Ultra-Short Municipal ETF by 66.0% in the 3rd quarter. Nwam LLC now owns 13,533 shares of the company’s stock worth $689,000 after purchasing an additional 5,380 shares during the last quarter. Allen Capital Group LLC increased its position in JPMorgan Ultra-Short Municipal ETF by 103.5% in the third quarter. Allen Capital Group LLC now owns 34,898 shares of the company’s stock worth $1,778,000 after buying an additional 17,746 shares during the period. LPL Financial LLC increased its position in JPMorgan Ultra-Short Municipal ETF by 9.5% in the third quarter. LPL Financial LLC now owns 1,925,693 shares of the company’s stock worth $98,095,000 after buying an additional 167,861 shares during the period. Citizens Financial Group Inc. RI bought a new stake in JPMorgan Ultra-Short Municipal ETF in the third quarter valued at $239,000. Finally, Thompson Davis & CO. Inc. boosted its holdings in shares of JPMorgan Ultra-Short Municipal ETF by 13.0% during the third quarter. Thompson Davis & CO. Inc. now owns 23,738 shares of the company’s stock valued at $1,209,000 after acquiring an additional 2,722 shares during the period.

JPMorgan Ultra-Short Municipal ETF Stock Performance

JMST stock opened at $50.84 on Friday. The business has a fifty day moving average price of $50.82 and a 200-day moving average price of $50.78.

JPMorgan Ultra-Short Municipal ETF Increases Dividend

The company also recently declared a dividend, which was paid on Thursday, September 5th. Shareholders of record on Tuesday, September 3rd were paid 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.