Thrivent Financial for Lutherans Purchases 151,260 Shares of JPMorgan Ultra-Short Municipal ETF (BATS:JMST)

Thrivent Financial for Lutherans raised its position in JPMorgan Ultra-Short Municipal ETF (BATS:JMST) by 33.5% during the fourth quarter, according to the company in its most recent disclosure with the SEC. The firm owned 602,612 shares of the company’s stock after acquiring an additional 151,260 shares during the quarter. Thrivent Financial for Lutherans’ holdings in JPMorgan Ultra-Short Municipal ETF were worth $30,563,000 at the end of the most recent quarter.

Other institutional investors also recently bought and sold shares of the company. Assetmark Inc. lifted its holdings in JPMorgan Ultra-Short Municipal ETF by 591.3% in the fourth quarter. Assetmark Inc. now owns 1,106 shares of the company’s stock valued at $56,000 after acquiring an additional 946 shares during the period. Legacy Investment Solutions LLC bought a new position in JPMorgan Ultra-Short Municipal ETF in the third quarter valued at about $60,000. Blue Trust Inc. bought a new position in JPMorgan Ultra-Short Municipal ETF in the fourth quarter valued at about $82,000. Bank of Jackson Hole Trust bought a new position in JPMorgan Ultra-Short Municipal ETF in the fourth quarter valued at about $99,000. Finally, Hills Bank & Trust Co bought a new position in JPMorgan Ultra-Short Municipal ETF in the fourth quarter valued at about $181,000.

JPMorgan Ultra-Short Municipal ETF Stock Up 0.2 %

BATS JMST opened at $50.85 on Friday. The stock’s 50-day moving average price is $50.82 and its 200-day moving average price is $50.82. JPMorgan Ultra-Short Municipal ETF has a 52 week low of $50.53 and a 52 week high of $50.97.

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 paid a $0.1277 dividend. The ex-dividend date was Monday, March 3rd. This is an increase 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.