Annex Advisory Services LLC Purchases Shares of 426,198 JPMorgan Ultra-Short Municipal ETF (BATS:JMST)

Posted by James Conley on Oct 13th, 2024

Annex Advisory Services LLC acquired a new position in shares of JPMorgan Ultra-Short Municipal ETF (BATS:JMST – Free Report) during the 3rd quarter, according to its most recent disclosure with the SEC. The institutional investor acquired 426,198 shares of the company’s stock, valued at approximately $21,711,000. Annex Advisory Services LLC owned approximately 0.82% of JPMorgan Ultra-Short Municipal ETF at the end of the most recent reporting period.

A number of other hedge funds and other institutional investors have also recently modified their holdings of JMST. Chris Bulman Inc purchased a new stake in shares of JPMorgan Ultra-Short Municipal ETF during the 2nd quarter valued at about $35,000. Financial Perspectives Inc purchased a new position in JPMorgan Ultra-Short Municipal ETF during the second quarter worth $40,000. GAMMA Investing LLC bought a new stake in shares of JPMorgan Ultra-Short Municipal ETF in the 1st quarter worth about $50,000. Larson Financial Group LLC bought a new stake in shares of JPMorgan Ultra-Short Municipal ETF in the 2nd quarter worth about $50,000. Finally, Cooksen Wealth LLC purchased a new position in shares of JPMorgan Ultra-Short Municipal ETF during the 4th quarter worth about $51,000.

JPMorgan Ultra-Short Municipal ETF Stock Performance

Shares of BATS:JMST opened at $50.81 on Friday. The firm’s 50 day moving average price is $50.86 and its 200-day moving average price is $50.75.

JPMorgan Ultra-Short Municipal ETF Increases Dividend

The firm also recently declared a dividend, which was paid on Thursday, September 5th. Stockholders 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 of this dividend was Tuesday, September 3rd.

JPMorgan Ultra-Short Municipal ETF Company Profile

(Free Report)

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.