JPMorgan Ultra-Short Municipal ETF (BATS:JMST) Shares Bought by Perennial Investment Advisors LLC

Perennial Investment Advisors LLC lifted its position in JPMorgan Ultra-Short Municipal ETF (BATS:JMST) by 14.2% in the second quarter, HoldingsChannel reports. The firm owned 26,064 shares of the company’s stock after buying an additional 3,240 shares during the period. Perennial Investment Advisors LLC’s holdings in JPMorgan Ultra-Short Municipal ETF were worth $1,323,000 at the end of the most recent quarter.

A number of other large investors also recently bought and sold shares of JMST. IMS Capital Management lifted its holdings in JPMorgan Ultra-Short Municipal ETF by 3.9% during the 1st quarter. IMS Capital Management now owns 5,350 shares of the company’s stock worth $271,000 after buying an additional 200 shares during the last quarter. YHB Investment Advisors Inc. grew its holdings in shares of JPMorgan Ultra-Short Municipal ETF by 0.5% during the first quarter. YHB Investment Advisors Inc. now owns 42,196 shares of the company’s stock worth $2,141,000 after buying an additional 206 shares in the last quarter. Guardian Asset Advisors LLC boosted its holdings in shares of JPMorgan Ultra-Short Municipal ETF by 5.2% in the 2nd quarter. Guardian Asset Advisors LLC now owns 4,452 shares of the company’s stock valued at $226,000 after purchasing an additional 221 shares during the last quarter. Harbour Investments Inc. grew its stake in JPMorgan Ultra-Short Municipal ETF by 2.2% during the second quarter. Harbour Investments Inc. now owns 10,955 shares of the company’s stock worth $556,000 after buying an additional 238 shares during the period. Finally, HTLF Bank raised its stake in shares of JPMorgan Ultra-Short Municipal ETF by 3.2% during the second quarter. HTLF Bank now owns 7,909 shares of the company’s stock valued at $401,000 after purchasing an additional 243 shares during the period.

JPMorgan Ultra-Short Municipal ETF Price Performance

JPMorgan Ultra-Short Municipal ETF stock opened at $50.86 on Tuesday. The stock has a 50 day simple moving average of $50.84 and a two-hundred day simple moving average of $50.73.

JPMorgan Ultra-Short Municipal ETF Increases Dividend

The firm also recently declared a dividend, which was paid on Thursday, September 5th. Stockholders of record on Tuesday, September 3rd were issued a dividend of $0.1451 per share. This is an increase from JPMorgan Ultra-Short Municipal ETF’s previous dividend of $0.14. The ex-dividend date was Tuesday, September 3rd.

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.