Sigma Planning Corp Grows Position in JPMorgan Ultra-Short Municipal ETF (BATS:JMST)

Sigma Planning Corp grew its stake in shares of JPMorgan Ultra-Short Municipal ETF (BATS:JMST) by 9.4% in the third quarter, HoldingsChannel.com reports. The firm owned 12,200 shares of the company’s stock after buying an additional 1,048 shares during the quarter. Sigma Planning Corp’s holdings in JPMorgan Ultra-Short Municipal ETF were worth $621,000 at the end of the most recent quarter.

Other hedge funds and other institutional investors also recently made changes to their positions in the company. Chris Bulman Inc bought a new position in shares of JPMorgan Ultra-Short Municipal ETF during the second quarter valued at approximately $35,000. Financial Perspectives Inc bought a new position in JPMorgan Ultra-Short Municipal ETF in the second quarter worth $40,000. Larson Financial Group LLC bought a new position in JPMorgan Ultra-Short Municipal ETF in the second quarter worth $50,000. International Assets Investment Management LLC bought a new position in JPMorgan Ultra-Short Municipal ETF in the second quarter worth $82,000. Finally, Key Financial Inc raised its holdings in JPMorgan Ultra-Short Municipal ETF by 65.6% in the third quarter. Key Financial Inc now owns 2,116 shares of the company’s stock worth $108,000 after purchasing an additional 838 shares in the last quarter.

JPMorgan Ultra-Short Municipal ETF Stock Up 0.0 %

JMST opened at $50.77 on Friday. The business has a 50-day moving average price of $50.82 and a two-hundred day moving average price of $50.77.

JPMorgan Ultra-Short Municipal ETF Increases Dividend

The company also recently disclosed a dividend, which was paid on Thursday, September 5th. Shareholders of record on Tuesday, September 3rd were issued a $0.1451 dividend. This is an increase from JPMorgan Ultra-Short Municipal ETF’s previous dividend of $0.14. The ex-dividend date was Tuesday, September 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.