WealthBridge Capital Management LLC Purchases 2,470 Shares of JPMorgan Ultra-Short Municipal ETF (BATS:JMST)

WealthBridge Capital Management LLC boosted its position in shares of JPMorgan Ultra-Short Municipal ETF (BATS:JMST) by 14.7% in the fourth quarter, according to its most recent filing with the Securities & Exchange Commission. The fund owned 19,286 shares of the company’s stock after buying an additional 2,470 shares during the quarter. WealthBridge Capital Management LLC’s holdings in JPMorgan Ultra-Short Municipal ETF were worth $978,000 as of its most recent filing with the Securities & Exchange Commission.

A number of other hedge funds and other institutional investors also recently added to or reduced their stakes in JMST. River Street Advisors LLC bought a new position in JPMorgan Ultra-Short Municipal ETF in the 3rd quarter worth $30,000. Legacy Investment Solutions LLC bought a new position in JPMorgan Ultra-Short Municipal ETF in the 3rd quarter worth $60,000. MidAtlantic Capital Management Inc. bought a new position in JPMorgan Ultra-Short Municipal ETF in the 3rd quarter worth $80,000. Blue Trust Inc. bought a new position in JPMorgan Ultra-Short Municipal ETF in the 4th quarter worth $82,000. Finally, Bank of Jackson Hole Trust bought a new position in JPMorgan Ultra-Short Municipal ETF in the 4th quarter worth $99,000.

JPMorgan Ultra-Short Municipal ETF Price Performance

Shares of BATS JMST opened at $50.84 on Thursday. The stock has a 50 day moving average of $50.79 and a two-hundred day moving average of $50.82.

JPMorgan Ultra-Short Municipal ETF Cuts Dividend

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

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.