JPMorgan Ultra-Short Municipal ETF (BATS:JMST) Stock Position Boosted by Resonant Capital Advisors LLC

Resonant Capital Advisors LLC boosted its stake in JPMorgan Ultra-Short Municipal ETF (BATS:JMST) by 3.6% in the 4th quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The institutional investor owned 678,912 shares of the company’s stock after purchasing an additional 23,850 shares during the period. JPMorgan Ultra-Short Municipal ETF makes up about 3.3% of Resonant Capital Advisors LLC’s investment portfolio, making the stock its 5th biggest holding. Resonant Capital Advisors LLC owned approximately 1.34% of JPMorgan Ultra-Short Municipal ETF worth $34,542,000 as of its most recent filing with the Securities and Exchange Commission.

Several other large investors have also recently added to or reduced their stakes in the stock. Advisory Services Network LLC raised its position in shares of JPMorgan Ultra-Short Municipal ETF by 41.4% during the 1st quarter. Advisory Services Network LLC now owns 854 shares of the company’s stock valued at $43,000 after acquiring an additional 250 shares in the last quarter. Baystate Wealth Management LLC raised its stake in JPMorgan Ultra-Short Municipal ETF by 0.6% during the fourth quarter. Baystate Wealth Management LLC now owns 47,410 shares of the company’s stock worth $2,406,000 after acquiring an additional 269 shares during the period. Ropes Wealth Advisors LLC raised its stake in JPMorgan Ultra-Short Municipal ETF by 2.7% during the third quarter. Ropes Wealth Advisors LLC now owns 11,252 shares of the company’s stock worth $568,000 after acquiring an additional 296 shares during the period. IAM Advisory LLC lifted its holdings in JPMorgan Ultra-Short Municipal ETF by 1.7% in the fourth quarter. IAM Advisory LLC now owns 17,983 shares of the company’s stock worth $912,000 after acquiring an additional 298 shares during the last quarter. Finally, Smith Anglin Financial LLC grew its holdings in shares of JPMorgan Ultra-Short Municipal ETF by 1.5% during the fourth quarter. Smith Anglin Financial LLC now owns 21,054 shares of the company’s stock valued at $1,064,000 after purchasing an additional 320 shares during the last quarter.

JPMorgan Ultra-Short Municipal ETF Trading Up 0.0 %

Shares of JPMorgan Ultra-Short Municipal ETF stock traded up $0.01 on Friday, reaching $50.66. 268,940 shares of the company were exchanged. The stock has a fifty day moving average price of $50.69 and a 200-day moving average price of $50.64.

JPMorgan Ultra-Short Municipal ETF Cuts Dividend

The company also recently disclosed a dividend, which was paid on Thursday, April 4th. Stockholders of record on Tuesday, April 2nd were issued a dividend of $0.1399 per share. The ex-dividend date of this dividend was Monday, April 1st.

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.