Woodmont Investment Counsel LLC Boosts Holdings in JPMorgan Ultra-Short Municipal ETF (BATS:JMST)

Woodmont Investment Counsel LLC lifted its stake in shares of JPMorgan Ultra-Short Municipal ETF (BATS:JMST) by 2.6% during the 4th quarter, HoldingsChannel reports. The fund owned 20,579 shares of the company’s stock after acquiring an additional 525 shares during the period. Woodmont Investment Counsel LLC’s holdings in JPMorgan Ultra-Short Municipal ETF were worth $1,044,000 at the end of the most recent quarter.

A number of other institutional investors have also recently bought and sold shares of the stock. Bailard Inc. acquired a new position in shares of JPMorgan Ultra-Short Municipal ETF in the 4th quarter valued at about $43,522,000. HB Wealth Management LLC lifted its holdings in shares of JPMorgan Ultra-Short Municipal ETF by 395.8% during the 4th quarter. HB Wealth Management LLC now owns 580,541 shares of the company’s stock valued at $29,439,000 after acquiring an additional 463,452 shares in the last quarter. Raymond James Financial Inc. purchased a new stake in JPMorgan Ultra-Short Municipal ETF during the 4th quarter worth $22,229,000. LPL Financial LLC increased its holdings in 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 in the last quarter. Finally, Corient Private Wealth LLC raised its position in JPMorgan Ultra-Short Municipal ETF by 30.3% in the fourth quarter. Corient Private Wealth LLC now owns 695,881 shares of the company’s stock valued at $35,288,000 after purchasing an additional 161,884 shares during the period.

JPMorgan Ultra-Short Municipal ETF Stock Up 0.2 %

Shares of BATS JMST opened at $50.85 on Tuesday. JPMorgan Ultra-Short Municipal ETF has a 1-year low of $50.53 and a 1-year high of $50.97. The business has a 50-day moving average of $50.82 and a 200-day moving average of $50.81.

JPMorgan Ultra-Short Municipal ETF Increases Dividend

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

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.