CAP Partners LLC Buys 784 Shares of JPMorgan Ultra-Short Municipal ETF (BATS:JMST)

CAP Partners LLC boosted its stake in JPMorgan Ultra-Short Municipal ETF (BATS:JMST) by 13.4% during the 3rd quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The institutional investor owned 6,643 shares of the company’s stock after purchasing an additional 784 shares during the quarter. CAP Partners LLC’s holdings in JPMorgan Ultra-Short Municipal ETF were worth $338,000 as of its most recent SEC filing.

Other hedge funds and other institutional investors have also made changes to their positions in the company. LPL Financial LLC lifted its position in shares of JPMorgan Ultra-Short Municipal ETF by 10.9% in the second quarter. LPL Financial LLC now owns 1,757,832 shares of the company’s stock worth $89,201,000 after buying an additional 172,347 shares in the last quarter. Northwestern Mutual Wealth Management Co. increased its stake in JPMorgan Ultra-Short Municipal ETF by 4.0% in the 2nd quarter. Northwestern Mutual Wealth Management Co. now owns 1,744,345 shares of the company’s stock worth $88,517,000 after acquiring an additional 67,868 shares during the last quarter. Resonant Capital Advisors LLC raised its holdings in shares of JPMorgan Ultra-Short Municipal ETF by 28.8% during the 3rd quarter. Resonant Capital Advisors LLC now owns 1,150,249 shares of the company’s stock worth $58,594,000 after acquiring an additional 257,415 shares in the last quarter. Salomon & Ludwin LLC boosted its position in shares of JPMorgan Ultra-Short Municipal ETF by 438.4% during the 3rd quarter. Salomon & Ludwin LLC now owns 1,019,611 shares of the company’s stock valued at $51,939,000 after acquiring an additional 830,218 shares during the last quarter. Finally, FSM Wealth Advisors LLC boosted its position in shares of JPMorgan Ultra-Short Municipal ETF by 676.0% during the 3rd quarter. FSM Wealth Advisors LLC now owns 593,698 shares of the company’s stock valued at $30,243,000 after acquiring an additional 517,187 shares during the last quarter.

JPMorgan Ultra-Short Municipal ETF Trading Up 0.1 %

Shares of JMST opened at $50.82 on Monday. The stock has a fifty day simple moving average of $50.82 and a two-hundred day simple moving average of $50.77.

JPMorgan Ultra-Short Municipal ETF Increases Dividend

The firm also recently announced a dividend, which was paid on Thursday, September 5th. Stockholders of record on Tuesday, September 3rd were issued a $0.1451 dividend. The ex-dividend date of this dividend was Tuesday, September 3rd. This is an increase 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.