SFG Wealth Management LLC. Invests $973,000 in JPMorgan Ultra-Short Municipal ETF (BATS:JMST)

Posted by Charles Blunt on Nov 8th, 2024

SFG Wealth Management LLC. bought a new stake in JPMorgan Ultra-Short Municipal ETF (BATS:JMST – Free Report) in the third quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The firm bought 19,109 shares of the company’s stock, valued at approximately $973,000.

Several other large investors also recently bought and sold shares of JMST. Chris Bulman Inc purchased a new position in shares of JPMorgan Ultra-Short Municipal ETF in the 2nd quarter worth $35,000. Financial Perspectives Inc purchased a new position in JPMorgan Ultra-Short Municipal ETF during the second quarter worth $40,000. Larson Financial Group LLC purchased a new position in JPMorgan Ultra-Short Municipal ETF during the second quarter worth $50,000. International Assets Investment Management LLC bought a new position in JPMorgan Ultra-Short Municipal ETF during the second quarter valued at $82,000. Finally, Key Financial Inc raised its stake in shares of JPMorgan Ultra-Short Municipal ETF by 65.6% in the third quarter. Key Financial Inc now owns 2,116 shares of the company’s stock valued at $108,000 after acquiring an additional 838 shares during the period.

JPMorgan Ultra-Short Municipal ETF Trading Up 0.1 %

Shares of JMST stock traded up $0.06 during trading hours on Friday, reaching $50.69. 414,529 shares of the stock were exchanged. The stock’s 50-day moving average is $50.83 and its 200-day moving average is $50.77.

JPMorgan Ultra-Short Municipal ETF Increases Dividend

The firm also recently declared a dividend, which was paid on Thursday, September 5th. Investors of record on Tuesday, September 3rd were paid a dividend of $0.1451 per share. This is a positive change 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 Company Profile

(Free Report)

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.