JPMorgan Ultra-Short Municipal ETF $JMST Shares Acquired by Parallel Advisors LLC

Parallel Advisors LLC increased its position in JPMorgan Ultra-Short Municipal ETF (BATS:JMST) by 73.2% in the 3rd quarter, according to its most recent filing with the SEC. The fund owned 88,482 shares of the company’s stock after purchasing an additional 37,394 shares during the period. Parallel Advisors LLC owned 0.11% of JPMorgan Ultra-Short Municipal ETF worth $4,516,000 at the end of the most recent quarter.

A number of other large investors have also recently made changes to their positions in the company. Blair William & Co. IL increased its position in JPMorgan Ultra-Short Municipal ETF by 16.8% during the third quarter. Blair William & Co. IL now owns 11,850 shares of the company’s stock worth $605,000 after buying an additional 1,708 shares during the period. Per Stirling Capital Management LLC. boosted its holdings in shares of JPMorgan Ultra-Short Municipal ETF by 45.6% in the third quarter. Per Stirling Capital Management LLC. now owns 120,484 shares of the company’s stock valued at $6,150,000 after acquiring an additional 37,753 shares during the period. Smith Moore & CO. purchased a new position in shares of JPMorgan Ultra-Short Municipal ETF during the third quarter worth approximately $235,000. IFG Advisory LLC grew its position in shares of JPMorgan Ultra-Short Municipal ETF by 3.0% during the third quarter. IFG Advisory LLC now owns 9,152 shares of the company’s stock worth $467,000 after acquiring an additional 267 shares during the last quarter. Finally, NewSquare Capital LLC increased its holdings in shares of JPMorgan Ultra-Short Municipal ETF by 5.6% in the 3rd quarter. NewSquare Capital LLC now owns 26,987 shares of the company’s stock valued at $1,377,000 after acquiring an additional 1,442 shares during the period.

JPMorgan Ultra-Short Municipal ETF Stock Up 0.0%

Shares of JPMorgan Ultra-Short Municipal ETF stock opened at $51.02 on Monday. The firm’s fifty day simple moving average is $51.05 and its 200-day simple moving average is $51.00. JPMorgan Ultra-Short Municipal ETF has a 12 month low of $50.42 and a 12 month high of $51.13.

JPMorgan Ultra-Short Municipal ETF Increases Dividend

The firm also recently disclosed a monthly dividend, which was paid on Wednesday, March 4th. Shareholders of record on Monday, March 2nd were paid a $0.1157 dividend. This is a boost from JPMorgan Ultra-Short Municipal ETF’s previous monthly dividend of $0.10. This represents a c) dividend on an annualized basis and a yield of 2.7%. The ex-dividend date was Monday, March 2nd.

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.