Daymark Wealth Partners LLC Acquires 7,031 Shares of JPMorgan Ultra-Short Municipal ETF (BATS:JMST)

Daymark Wealth Partners LLC increased its holdings in shares of JPMorgan Ultra-Short Municipal ETF (BATS:JMST) by 29.4% in the second quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The fund owned 30,976 shares of the company’s stock after buying an additional 7,031 shares during the period. Daymark Wealth Partners LLC owned 0.06% of JPMorgan Ultra-Short Municipal ETF worth $1,572,000 at the end of the most recent quarter.

Several other large investors have also bought and sold shares of JMST. Morningstar Investment Services LLC raised its position in shares of JPMorgan Ultra-Short Municipal ETF by 153.0% during the 4th quarter. Morningstar Investment Services LLC now owns 145,210 shares of the company’s stock valued at $7,359,000 after acquiring an additional 87,817 shares during the last quarter. Franklin Resources Inc. lifted its stake in JPMorgan Ultra-Short Municipal ETF by 16.4% in the fourth quarter. Franklin Resources Inc. now owns 153,287 shares of the company’s stock valued at $7,778,000 after buying an additional 21,635 shares during the period. Harbor Group Inc. lifted its stake in JPMorgan Ultra-Short Municipal ETF by 27.7% in the first quarter. Harbor Group Inc. now owns 5,062 shares of the company’s stock valued at $257,000 after buying an additional 1,097 shares during the period. Cambridge Investment Research Advisors Inc. boosted its holdings in JPMorgan Ultra-Short Municipal ETF by 43.4% during the first quarter. Cambridge Investment Research Advisors Inc. now owns 92,986 shares of the company’s stock worth $4,718,000 after buying an additional 28,132 shares during the last quarter. Finally, Raymond James & Associates grew its position in shares of JPMorgan Ultra-Short Municipal ETF by 3.3% during the 2nd quarter. Raymond James & Associates now owns 187,169 shares of the company’s stock worth $9,498,000 after buying an additional 6,055 shares during the period.

JPMorgan Ultra-Short Municipal ETF Price Performance

Shares of JMST stock opened at $50.94 on Friday. The company has a 50 day moving average of $50.86 and a 200-day moving average of $50.74.

JPMorgan Ultra-Short Municipal ETF Increases Dividend

The company also recently announced a dividend, which was paid on Thursday, September 5th. Shareholders of record on Tuesday, September 3rd were issued a $0.1451 dividend. The ex-dividend date of this dividend was Tuesday, September 3rd. This is a positive change from JPMorgan Ultra-Short Municipal ETF’s previous dividend of $0.14.

JPMorgan Ultra-Short Municipal ETF Company 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.