Laurel Wealth Planning LLC Has $2.08 Million Stock Holdings in JPMorgan Ultra-Short Municipal ETF (BATS:JMST)

Laurel Wealth Planning LLC lifted its position in shares of JPMorgan Ultra-Short Municipal ETF (BATS:JMST) by 8.9% in the fourth quarter, according to its most recent disclosure with the SEC. The institutional investor owned 41,066 shares of the company’s stock after buying an additional 3,343 shares during the quarter. JPMorgan Ultra-Short Municipal ETF comprises 1.3% of Laurel Wealth Planning LLC’s holdings, making the stock its 25th biggest position. Laurel Wealth Planning LLC owned 0.08% of JPMorgan Ultra-Short Municipal ETF worth $2,082,000 at the end of the most recent quarter.

A number of other institutional investors also recently modified their holdings of the business. John W. Brooker & Co. CPAs raised its stake in JPMorgan Ultra-Short Municipal ETF by 1.0% in the 4th quarter. John W. Brooker & Co. CPAs now owns 27,303 shares of the company’s stock worth $1,385,000 after purchasing an additional 267 shares in the last quarter. Essex Savings Bank increased its holdings in shares of JPMorgan Ultra-Short Municipal ETF by 4.6% during the third quarter. Essex Savings Bank now owns 6,319 shares of the company’s stock worth $322,000 after purchasing an additional 276 shares during the period. Meridian Financial LLC raised its position in shares of JPMorgan Ultra-Short Municipal ETF by 6.9% in the fourth quarter. Meridian Financial LLC now owns 5,022 shares of the company’s stock valued at $255,000 after buying an additional 322 shares in the last quarter. Gradient Capital Advisors LLC boosted its stake in shares of JPMorgan Ultra-Short Municipal ETF by 4.3% in the fourth quarter. Gradient Capital Advisors LLC now owns 8,127 shares of the company’s stock valued at $412,000 after buying an additional 333 shares during the period. Finally, Apollon Wealth Management LLC grew its position in JPMorgan Ultra-Short Municipal ETF by 5.0% during the third quarter. Apollon Wealth Management LLC now owns 7,244 shares of the company’s stock worth $369,000 after buying an additional 348 shares in the last quarter.

JPMorgan Ultra-Short Municipal ETF Stock Up 0.1 %

BATS:JMST opened at $50.84 on Thursday. The firm’s fifty day moving average is $50.79 and its two-hundred day moving average is $50.82.

JPMorgan Ultra-Short Municipal ETF Cuts Dividend

The firm also recently disclosed a dividend, which was paid on Wednesday, February 5th. Investors of record on Monday, February 3rd were paid a $0.1208 dividend. The ex-dividend date of this dividend was Monday, February 3rd.

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.