Evergreen Wealth Solutions LLC Boosts Position in JPMorgan Ultra-Short Municipal ETF (BATS:JMST)

Evergreen Wealth Solutions LLC raised its stake in JPMorgan Ultra-Short Municipal ETF (BATS:JMST) by 109.4% during the 4th quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The fund owned 36,858 shares of the company’s stock after purchasing an additional 19,257 shares during the period. JPMorgan Ultra-Short Municipal ETF accounts for about 1.3% of Evergreen Wealth Solutions LLC’s holdings, making the stock its 13th biggest position. Evergreen Wealth Solutions LLC owned 0.07% of JPMorgan Ultra-Short Municipal ETF worth $1,869,000 as of its most recent filing with the Securities & Exchange Commission.

A number of other hedge funds and other institutional investors also recently added to or reduced their stakes in JMST. LPL Financial LLC boosted its position in shares of JPMorgan Ultra-Short Municipal ETF by 20.9% in the 4th quarter. LPL Financial LLC now owns 2,328,339 shares of the company’s stock valued at $118,070,000 after purchasing an additional 402,646 shares during the period. FMR LLC boosted its holdings in shares of JPMorgan Ultra-Short Municipal ETF by 2.3% in the fourth quarter. FMR LLC now owns 1,837,552 shares of the company’s stock valued at $93,182,000 after acquiring an additional 41,774 shares during the period. Resonant Capital Advisors LLC grew its position in shares of JPMorgan Ultra-Short Municipal ETF by 1.9% during the fourth quarter. Resonant Capital Advisors LLC now owns 1,171,600 shares of the company’s stock worth $59,512,000 after acquiring an additional 21,351 shares during the last quarter. Salomon & Ludwin LLC increased its holdings in shares of JPMorgan Ultra-Short Municipal ETF by 0.8% in the 4th quarter. Salomon & Ludwin LLC now owns 1,027,536 shares of the company’s stock valued at $52,106,000 after acquiring an additional 7,925 shares during the period. Finally, JPMorgan Chase & Co. raised its position in JPMorgan Ultra-Short Municipal ETF by 5.6% in the 4th quarter. JPMorgan Chase & Co. now owns 912,989 shares of the company’s stock valued at $46,298,000 after purchasing an additional 48,049 shares during the last quarter.

JPMorgan Ultra-Short Municipal ETF Trading Up 0.1 %

Shares of BATS:JMST opened at $50.80 on Tuesday. JPMorgan Ultra-Short Municipal ETF has a 1-year low of $50.42 and a 1-year high of $50.98. The firm has a fifty day moving average price of $50.75 and a 200 day moving average price of $50.78.

JPMorgan Ultra-Short Municipal ETF Increases Dividend

The firm also recently announced a dividend, which was paid on Wednesday, March 5th. Stockholders of record on Monday, March 3rd were paid a dividend of $0.1277 per share. This is an increase from JPMorgan Ultra-Short Municipal ETF’s previous dividend of $0.12. The ex-dividend date was Monday, March 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.