Oak Harvest Investment Services Has $9.17 Million Stock Position in JPMorgan Ultra-Short Municipal ETF (BATS:JMST)

Oak Harvest Investment Services boosted its holdings in JPMorgan Ultra-Short Municipal ETF (BATS:JMST) by 14.3% during the 3rd quarter, HoldingsChannel.com reports. The institutional investor owned 179,924 shares of the company’s stock after purchasing an additional 22,490 shares during the period. JPMorgan Ultra-Short Municipal ETF accounts for approximately 1.3% of Oak Harvest Investment Services’ portfolio, making the stock its 25th largest position. Oak Harvest Investment Services’ holdings in JPMorgan Ultra-Short Municipal ETF were worth $9,165,000 as of its most recent SEC filing.

A number of other large investors also recently modified their holdings of JMST. Chris Bulman Inc acquired a new stake in JPMorgan Ultra-Short Municipal ETF during the second quarter worth about $35,000. Financial Perspectives Inc bought a new stake in shares of JPMorgan Ultra-Short Municipal ETF during the second quarter valued at approximately $40,000. Larson Financial Group LLC acquired a new position in shares of JPMorgan Ultra-Short Municipal ETF in the second quarter valued at $50,000. International Assets Investment Management LLC bought a new position in JPMorgan Ultra-Short Municipal ETF in the second quarter worth $82,000. Finally, Centaurus Financial Inc. bought a new stake in JPMorgan Ultra-Short Municipal ETF in the 2nd quarter valued at $112,000.

JPMorgan Ultra-Short Municipal ETF Stock Down 0.0 %

Shares of JMST stock opened at $50.81 on Thursday. The firm has a 50-day simple moving average of $50.86 and a two-hundred day simple moving average of $50.77.

JPMorgan Ultra-Short Municipal ETF Increases Dividend

The business also recently disclosed a dividend, which was paid on Thursday, September 5th. Shareholders 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 of this dividend 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.