JPMorgan Ultra-Short Municipal ETF $JMST Stake Raised by Rosenberg Matthew Hamilton

Rosenberg Matthew Hamilton grew its stake in shares of JPMorgan Ultra-Short Municipal ETF (BATS:JMST) by 4.7% in the 4th quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The institutional investor owned 265,768 shares of the company’s stock after acquiring an additional 12,049 shares during the quarter. JPMorgan Ultra-Short Municipal ETF comprises approximately 2.8% of Rosenberg Matthew Hamilton’s portfolio, making the stock its 7th biggest position. Rosenberg Matthew Hamilton’s holdings in JPMorgan Ultra-Short Municipal ETF were worth $13,538,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

Several other large investors have also recently modified their holdings of the stock. Citizens Financial Group Inc. RI grew its position in JPMorgan Ultra-Short Municipal ETF by 2,677.6% during the 3rd quarter. Citizens Financial Group Inc. RI now owns 136,156 shares of the company’s stock valued at $6,949,000 after purchasing an additional 131,254 shares during the last quarter. Cooper Financial Group increased its stake in JPMorgan Ultra-Short Municipal ETF by 22.2% during the 3rd quarter. Cooper Financial Group now owns 158,260 shares of the company’s stock valued at $8,078,000 after purchasing an additional 28,746 shares in the last quarter. Boothe Investment Group Inc. raised its holdings in JPMorgan Ultra-Short Municipal ETF by 11.5% in the third quarter. Boothe Investment Group Inc. now owns 257,352 shares of the company’s stock worth $13,135,000 after buying an additional 26,528 shares during the last quarter. Forvis Mazars Wealth Advisors LLC raised its holdings in JPMorgan Ultra-Short Municipal ETF by 410.1% in the third quarter. Forvis Mazars Wealth Advisors LLC now owns 23,079 shares of the company’s stock worth $1,178,000 after buying an additional 18,555 shares during the last quarter. Finally, Ashton Thomas Securities LLC lifted its stake in shares of JPMorgan Ultra-Short Municipal ETF by 200.5% in the third quarter. Ashton Thomas Securities LLC now owns 55,310 shares of the company’s stock worth $2,823,000 after buying an additional 36,905 shares in the last quarter.

JPMorgan Ultra-Short Municipal ETF Trading Down 0.1%

BATS:JMST opened at $51.02 on Thursday. The company’s 50 day moving average price is $51.06 and its 200-day moving average price is $51.00. JPMorgan Ultra-Short Municipal ETF has a 52 week low of $50.42 and a 52 week high of $51.13.

JPMorgan Ultra-Short Municipal ETF Increases Dividend

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

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.