Sagespring Wealth Partners LLC Buys New Shares in JPMorgan Ultra-Short Municipal ETF (BATS:JMST)

Sagespring Wealth Partners LLC bought a new position in shares of JPMorgan Ultra-Short Municipal ETF (BATS:JMST) during the fourth quarter, according to its most recent 13F filing with the Securities & Exchange Commission. The fund bought 9,734 shares of the company’s stock, valued at approximately $494,000.

Other institutional investors and hedge funds have also recently added to or reduced their stakes in the company. Howe & Rusling Inc. acquired a new position in shares of JPMorgan Ultra-Short Municipal ETF during the 4th quarter worth about $33,000. Assetmark Inc. increased its position in JPMorgan Ultra-Short Municipal ETF by 591.3% during the fourth quarter. Assetmark Inc. now owns 1,106 shares of the company’s stock worth $56,000 after buying an additional 946 shares during the last quarter. Blue Trust Inc. bought a new stake in JPMorgan Ultra-Short Municipal ETF in the fourth quarter valued at approximately $82,000. Bank of Jackson Hole Trust acquired a new stake in shares of JPMorgan Ultra-Short Municipal ETF in the fourth quarter valued at approximately $99,000. Finally, Millstone Evans Group LLC acquired a new stake in shares of JPMorgan Ultra-Short Municipal ETF in the fourth quarter valued at approximately $132,000.

JPMorgan Ultra-Short Municipal ETF Price Performance

JMST stock opened at $50.58 on Tuesday. JPMorgan Ultra-Short Municipal ETF has a 1-year low of $50.42 and a 1-year high of $50.98. The business’s 50 day simple moving average is $50.78 and its 200 day simple moving average is $50.79.

JPMorgan Ultra-Short Municipal ETF Increases Dividend

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