Tradewinds LLC. Buys New Holdings in JPMorgan Ultra-Short Municipal ETF (BATS:JMST)

Tradewinds LLC. purchased a new stake in JPMorgan Ultra-Short Municipal ETF (BATS:JMST) during the 4th quarter, Holdings Channel.com reports. The fund purchased 11,600 shares of the company’s stock, valued at approximately $589,000.

A number of other hedge funds also recently made changes to their positions in the business. John W. Brooker & Co. CPAs raised its stake in JPMorgan Ultra-Short Municipal ETF by 1.0% during the fourth quarter. John W. Brooker & Co. CPAs now owns 27,303 shares of the company’s stock worth $1,385,000 after acquiring an additional 267 shares in the last quarter. IFP Advisors Inc increased its position in shares of JPMorgan Ultra-Short Municipal ETF by 0.7% during the 4th quarter. IFP Advisors Inc now owns 43,456 shares of the company’s stock worth $2,204,000 after purchasing an additional 282 shares in the last quarter. Meridian Financial LLC lifted its holdings in JPMorgan Ultra-Short Municipal ETF by 6.9% during the 4th quarter. Meridian Financial LLC now owns 5,022 shares of the company’s stock valued at $255,000 after purchasing an additional 322 shares during the last quarter. Gradient Capital Advisors LLC boosted its position in JPMorgan Ultra-Short Municipal ETF by 4.3% in the fourth quarter. Gradient Capital Advisors LLC now owns 8,127 shares of the company’s stock valued at $412,000 after buying an additional 333 shares in the last quarter. Finally, Weaver Consulting Group grew its stake in JPMorgan Ultra-Short Municipal ETF by 9.3% during the fourth quarter. Weaver Consulting Group now owns 5,650 shares of the company’s stock worth $287,000 after buying an additional 480 shares during the last quarter.

JPMorgan Ultra-Short Municipal ETF Trading Up 0.2 %

BATS:JMST opened at $50.86 on Tuesday. JPMorgan Ultra-Short Municipal ETF has a 1 year low of $50.53 and a 1 year high of $50.98. The firm has a 50 day moving average of $50.83 and a 200-day moving average of $50.81.

JPMorgan Ultra-Short Municipal ETF Increases Dividend

The firm also recently disclosed a dividend, which was paid on Wednesday, March 5th. Shareholders of record on Monday, March 3rd were paid a $0.1277 dividend. The ex-dividend date was 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 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.