YHB Investment Advisors Inc. Acquires 10,086 Shares of JPMorgan Ultra-Short Municipal ETF $JMST

YHB Investment Advisors Inc. lifted its holdings in JPMorgan Ultra-Short Municipal ETF (BATS:JMST) by 9.5% during the fourth quarter, Holdings Channel reports. The institutional investor owned 115,968 shares of the company’s stock after acquiring an additional 10,086 shares during the quarter. YHB Investment Advisors Inc.’s holdings in JPMorgan Ultra-Short Municipal ETF were worth $5,907,000 as of its most recent SEC filing.

A number of other large investors also recently bought and sold shares of the business. Weatherly Asset Management L. P. grew its holdings in JPMorgan Ultra-Short Municipal ETF by 3.8% in the fourth quarter. Weatherly Asset Management L. P. now owns 707,636 shares of the company’s stock worth $36,115,000 after purchasing an additional 25,812 shares during the period. Highline Wealth Partners LLC increased its position in JPMorgan Ultra-Short Municipal ETF by 8.7% during the 4th quarter. Highline Wealth Partners LLC now owns 63,151 shares of the company’s stock valued at $3,217,000 after buying an additional 5,048 shares in the last quarter. ERn Financial LLC raised its stake in JPMorgan Ultra-Short Municipal ETF by 4.3% during the fourth quarter. ERn Financial LLC now owns 91,152 shares of the company’s stock valued at $4,643,000 after buying an additional 3,721 shares during the last quarter. Silver Oak Securities Incorporated raised its stake in JPMorgan Ultra-Short Municipal ETF by 7.0% during the fourth quarter. Silver Oak Securities Incorporated now owns 17,472 shares of the company’s stock valued at $892,000 after buying an additional 1,145 shares during the last quarter. Finally, Paladin Wealth LLC boosted its holdings in JPMorgan Ultra-Short Municipal ETF by 52.3% in the fourth quarter. Paladin Wealth LLC now owns 12,097 shares of the company’s stock worth $616,000 after acquiring an additional 4,154 shares in the last quarter.

JPMorgan Ultra-Short Municipal ETF Price Performance

BATS JMST opened at $50.91 on Thursday. JPMorgan Ultra-Short Municipal ETF has a 12 month low of $50.42 and a 12 month high of $51.13. The stock’s fifty day moving average price is $51.04 and its 200-day moving average price is $50.99.

JPMorgan Ultra-Short Municipal ETF Increases Dividend

The company also recently disclosed a monthly dividend, which was paid on Wednesday, March 4th. Investors of record on Monday, March 2nd were given a dividend of $0.1157 per share. This is a positive change from JPMorgan Ultra-Short Municipal ETF’s previous monthly dividend of $0.10. The ex-dividend date of this dividend was Monday, March 2nd. This represents a c) annualized dividend and a yield of 2.7%.

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.