BlackDiamond Wealth Management LLC Purchases 2,206 Shares of JPMorgan Ultra-Short Municipal ETF (BATS:JMST)

BlackDiamond Wealth Management LLC raised its stake in JPMorgan Ultra-Short Municipal ETF (BATS:JMST) by 21.8% during the fourth quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission. The fund owned 12,319 shares of the company’s stock after acquiring an additional 2,206 shares during the period. BlackDiamond Wealth Management LLC’s holdings in JPMorgan Ultra-Short Municipal ETF were worth $625,000 as of its most recent SEC filing.

A number of other institutional investors have also recently modified their holdings of the stock. Assetmark Inc. raised its stake in shares of JPMorgan Ultra-Short Municipal ETF by 591.3% in the fourth quarter. Assetmark Inc. now owns 1,106 shares of the company’s stock worth $56,000 after buying an additional 946 shares during the period. Legacy Investment Solutions LLC bought a new stake in JPMorgan Ultra-Short Municipal ETF in the 3rd quarter worth approximately $60,000. MidAtlantic Capital Management Inc. bought a new stake in JPMorgan Ultra-Short Municipal ETF in the 3rd quarter worth approximately $80,000. Blue Trust Inc. bought a new position in shares of JPMorgan Ultra-Short Municipal ETF during the 4th quarter valued at approximately $82,000. Finally, Bank of Jackson Hole Trust bought a new position in shares of JPMorgan Ultra-Short Municipal ETF during the 4th quarter valued at approximately $99,000.

JPMorgan Ultra-Short Municipal ETF Price Performance

BATS JMST opened at $50.83 on Tuesday. The business’s 50 day moving average price is $50.81 and its 200-day moving average price is $50.82. JPMorgan Ultra-Short Municipal ETF has a fifty-two week low of $50.53 and a fifty-two week high of $50.97.

JPMorgan Ultra-Short Municipal ETF Increases Dividend

The company also recently announced a dividend, which was paid on Wednesday, March 5th. Shareholders of record on Monday, March 3rd were issued a $0.1277 dividend. This is a boost 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.