Vertex Planning Partners LLC Acquires 19,526 Shares of JPMorgan Ultra-Short Municipal ETF $JMST

Vertex Planning Partners LLC increased its holdings in JPMorgan Ultra-Short Municipal ETF (BATS:JMST) by 34.6% during the third quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The fund owned 75,968 shares of the company’s stock after buying an additional 19,526 shares during the quarter. Vertex Planning Partners LLC’s holdings in JPMorgan Ultra-Short Municipal ETF were worth $3,877,000 at the end of the most recent reporting period.

Several other large investors also recently added to or reduced their stakes in JMST. Rice Partnership LLC bought a new position in JPMorgan Ultra-Short Municipal ETF in the third quarter worth approximately $43,000. Financial Network Wealth Advisors LLC boosted its stake in shares of JPMorgan Ultra-Short Municipal ETF by 2,202.2% during the 3rd quarter. Financial Network Wealth Advisors LLC now owns 1,059 shares of the company’s stock worth $54,000 after acquiring an additional 1,013 shares during the last quarter. US Bancorp DE grew its position in shares of JPMorgan Ultra-Short Municipal ETF by 130.6% during the 3rd quarter. US Bancorp DE now owns 1,153 shares of the company’s stock valued at $59,000 after acquiring an additional 653 shares during the period. Triumph Capital Management purchased a new stake in shares of JPMorgan Ultra-Short Municipal ETF in the 3rd quarter worth $96,000. Finally, GGM Financials LLC purchased a new stake in shares of JPMorgan Ultra-Short Municipal ETF in the 3rd quarter worth $100,000.

JPMorgan Ultra-Short Municipal ETF Stock Up 0.0%

Shares of JPMorgan Ultra-Short Municipal ETF stock opened at $51.05 on Wednesday. The stock’s fifty day moving average is $51.06 and its 200 day moving average is $51.00. JPMorgan Ultra-Short Municipal ETF has a one year low of $50.42 and a one year high of $51.13.

JPMorgan Ultra-Short Municipal ETF Increases Dividend

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

JPMorgan Ultra-Short Municipal ETF 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.