CENTRAL TRUST Co Grows Stock Position in JPMorgan Ultra-Short Municipal ETF (BATS:JMST)

CENTRAL TRUST Co grew its position in shares of JPMorgan Ultra-Short Municipal ETF (BATS:JMST) by 27.7% during the third quarter, Holdings Channel reports. The institutional investor owned 24,228 shares of the company’s stock after purchasing an additional 5,253 shares during the quarter. CENTRAL TRUST Co’s holdings in JPMorgan Ultra-Short Municipal ETF were worth $1,234,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

Several other institutional investors and hedge funds also recently made changes to their positions in JMST. Chris Bulman Inc purchased a new stake in JPMorgan Ultra-Short Municipal ETF during the second quarter valued at about $35,000. Financial Perspectives Inc bought a new stake in shares of JPMorgan Ultra-Short Municipal ETF in the second quarter valued at approximately $40,000. Larson Financial Group LLC purchased a new stake in shares of JPMorgan Ultra-Short Municipal ETF during the 2nd quarter valued at approximately $50,000. International Assets Investment Management LLC purchased a new stake in shares of JPMorgan Ultra-Short Municipal ETF during the 2nd quarter valued at approximately $82,000. Finally, Centaurus Financial Inc. bought a new position in JPMorgan Ultra-Short Municipal ETF in the 2nd quarter worth approximately $112,000.

JPMorgan Ultra-Short Municipal ETF Trading Up 0.0 %

Shares of JMST stock opened at $50.81 on Friday. The firm’s 50-day simple moving average is $50.86 and its two-hundred day simple moving average is $50.76.

JPMorgan Ultra-Short Municipal ETF Increases Dividend

The business also recently disclosed a dividend, which was paid on Thursday, September 5th. Investors of record on Tuesday, September 3rd were issued a dividend of $0.1451 per share. This is a boost from JPMorgan Ultra-Short Municipal ETF’s previous dividend of $0.14. The ex-dividend date of this dividend was Tuesday, September 3rd.

About JPMorgan Ultra-Short Municipal ETF

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.