72,446 Shares in JPMorgan Ultra-Short Municipal ETF (BATS:JMST) Acquired by SVB Wealth LLC

SVB Wealth LLC acquired a new stake in JPMorgan Ultra-Short Municipal ETF (BATS:JMST) during the 4th quarter, HoldingsChannel reports. The firm acquired 72,446 shares of the company’s stock, valued at approximately $3,674,000.

Several other large investors have also recently added to or reduced their stakes in the stock. River Street Advisors LLC bought a new position in shares of JPMorgan Ultra-Short Municipal ETF during the 3rd quarter valued at $30,000. Legacy Investment Solutions LLC bought a new stake in shares of JPMorgan Ultra-Short Municipal ETF during the 3rd quarter worth about $60,000. MidAtlantic Capital Management Inc. acquired a new position in shares of JPMorgan Ultra-Short Municipal ETF during the 3rd quarter valued at about $80,000. Blue Trust Inc. bought a new position in shares of JPMorgan Ultra-Short Municipal ETF in the 4th quarter valued at approximately $82,000. Finally, Bank of Jackson Hole Trust bought a new position in shares of JPMorgan Ultra-Short Municipal ETF in the 4th quarter valued at approximately $99,000.

JPMorgan Ultra-Short Municipal ETF Price Performance

Shares of JPMorgan Ultra-Short Municipal ETF stock opened at $50.92 on Friday. The stock’s 50-day moving average is $50.81 and its 200 day moving average is $50.82.

JPMorgan Ultra-Short Municipal ETF Increases Dividend

The company also recently announced a dividend, which will be paid on Wednesday, March 5th. Investors of record on Monday, March 3rd will be paid a $0.1277 dividend. The ex-dividend date of this dividend is Monday, March 3rd. This is a positive change from JPMorgan Ultra-Short Municipal ETF’s previous dividend of $0.12.

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.