Sonata Capital Group Inc. Purchases Shares of 10,422 JPMorgan Ultra-Short Municipal ETF (BATS:JMST)

Sonata Capital Group Inc. acquired a new position in JPMorgan Ultra-Short Municipal ETF (BATS:JMST) in the 3rd quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The firm acquired 10,422 shares of the company’s stock, valued at approximately $531,000.

A number of other hedge funds and other institutional investors also recently made changes to their positions in JMST. Chris Bulman Inc acquired a new position in JPMorgan Ultra-Short Municipal ETF in the second quarter valued at approximately $35,000. Financial Perspectives Inc acquired a new position in JPMorgan Ultra-Short Municipal ETF during the 2nd quarter worth approximately $40,000. Larson Financial Group LLC bought a new position in JPMorgan Ultra-Short Municipal ETF in the second quarter worth approximately $50,000. International Assets Investment Management LLC acquired a new stake in JPMorgan Ultra-Short Municipal ETF in the second quarter valued at approximately $82,000. Finally, Key Financial Inc increased its holdings in shares of JPMorgan Ultra-Short Municipal ETF by 65.6% during the third quarter. Key Financial Inc now owns 2,116 shares of the company’s stock valued at $108,000 after acquiring an additional 838 shares in the last quarter.

JPMorgan Ultra-Short Municipal ETF Stock Up 0.1 %

Shares of JMST traded up $0.05 during trading hours on Friday, reaching $50.69. The stock had a trading volume of 414,529 shares. The stock’s 50 day moving average is $50.83 and its 200-day moving average is $50.77.

JPMorgan Ultra-Short Municipal ETF Increases Dividend

The firm also recently disclosed a dividend, which was paid on Thursday, September 5th. Stockholders 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.

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.