JPMorgan Ultra-Short Municipal ETF (BATS:JMST) Shares Acquired by Goelzer Investment Management Inc.

Goelzer Investment Management Inc. lifted its stake in shares of JPMorgan Ultra-Short Municipal ETF (BATS:JMST) by 25.6% during the third quarter, according to its most recent disclosure with the Securities & Exchange Commission. The firm owned 95,255 shares of the company’s stock after purchasing an additional 19,396 shares during the period. Goelzer Investment Management Inc. owned approximately 0.18% of JPMorgan Ultra-Short Municipal ETF worth $4,852,000 at the end of the most recent quarter.

Several other hedge funds have also modified their holdings of JMST. Cambridge Investment Research Advisors Inc. raised its holdings in JPMorgan Ultra-Short Municipal ETF by 325.3% during the 2nd quarter. Cambridge Investment Research Advisors Inc. now owns 395,478 shares of the company’s stock worth $20,069,000 after buying an additional 302,492 shares during the period. LPL Financial LLC raised its holdings in shares of JPMorgan Ultra-Short Municipal ETF by 10.9% during the second quarter. LPL Financial LLC now owns 1,757,832 shares of the company’s stock valued at $89,201,000 after acquiring an additional 172,347 shares during the period. Resonant Capital Advisors LLC lifted its position in shares of JPMorgan Ultra-Short Municipal ETF by 22.5% in the 2nd quarter. Resonant Capital Advisors LLC now owns 892,834 shares of the company’s stock valued at $45,307,000 after acquiring an additional 163,699 shares in the last quarter. NewEdge Advisors LLC boosted its stake in JPMorgan Ultra-Short Municipal ETF by 400.5% in the 2nd quarter. NewEdge Advisors LLC now owns 201,965 shares of the company’s stock worth $10,249,000 after purchasing an additional 161,613 shares during the period. Finally, Thrivent Financial for Lutherans boosted its stake in JPMorgan Ultra-Short Municipal ETF by 72.9% in the 2nd quarter. Thrivent Financial for Lutherans now owns 375,221 shares of the company’s stock worth $19,041,000 after purchasing an additional 158,170 shares during the period.

JPMorgan Ultra-Short Municipal ETF Stock Performance

BATS:JMST remained flat at $50.81 during trading hours on Friday. 343,371 shares of the company’s stock traded hands. The business’s 50 day moving average is $50.87 and its two-hundred day moving average is $50.75.

JPMorgan Ultra-Short Municipal ETF Increases Dividend

The business also recently declared a dividend, which was paid on Thursday, September 5th. Shareholders of record on Tuesday, September 3rd were paid 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

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.