Interchange Capital Partners LLC Grows Holdings in JPMorgan Ultra-Short Municipal ETF (BATS:JMST)

Interchange Capital Partners LLC increased its stake in JPMorgan Ultra-Short Municipal ETF (BATS:JMST) by 45.6% during the fourth quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission (SEC). The firm owned 164,661 shares of the company’s stock after acquiring an additional 51,599 shares during the quarter. JPMorgan Ultra-Short Municipal ETF comprises 3.0% of Interchange Capital Partners LLC’s holdings, making the stock its 3rd largest holding. Interchange Capital Partners LLC’s holdings in JPMorgan Ultra-Short Municipal ETF were worth $8,350,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

Other hedge funds and other institutional investors also recently made changes to their positions in the company. GAMMA Investing LLC lifted its stake in shares of JPMorgan Ultra-Short Municipal ETF by 22.7% in the fourth quarter. GAMMA Investing LLC now owns 17,228 shares of the company’s stock worth $874,000 after acquiring an additional 3,192 shares during the period. JPMorgan Chase & Co. lifted its stake in shares of JPMorgan Ultra-Short Municipal ETF by 8.9% in the third quarter. JPMorgan Chase & Co. now owns 864,940 shares of the company’s stock worth $44,060,000 after acquiring an additional 70,821 shares during the period. Stratos Wealth Partners LTD. lifted its stake in shares of JPMorgan Ultra-Short Municipal ETF by 14.4% in the fourth quarter. Stratos Wealth Partners LTD. now owns 41,649 shares of the company’s stock worth $2,112,000 after acquiring an additional 5,232 shares during the period. Townsquare Capital LLC lifted its stake in shares of JPMorgan Ultra-Short Municipal ETF by 29.3% in the third quarter. Townsquare Capital LLC now owns 9,815 shares of the company’s stock worth $500,000 after acquiring an additional 2,227 shares during the period. Finally, Truist Financial Corp lifted its stake in shares of JPMorgan Ultra-Short Municipal ETF by 4.0% in the fourth quarter. Truist Financial Corp now owns 80,823 shares of the company’s stock worth $4,099,000 after acquiring an additional 3,113 shares during the period.

JPMorgan Ultra-Short Municipal ETF Stock Up 0.1 %

JPMorgan Ultra-Short Municipal ETF stock opened at $50.84 on Monday. The stock’s 50 day moving average is $50.82 and its 200 day moving average is $50.81. JPMorgan Ultra-Short Municipal ETF has a one year low of $50.53 and a one year high of $50.97.

JPMorgan Ultra-Short Municipal ETF Increases Dividend

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

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.