Helen Stephens Group LLC Grows Position in JPMorgan Ultra-Short Municipal ETF (BATS:JMST)

Helen Stephens Group LLC increased its position in shares of JPMorgan Ultra-Short Municipal ETF (BATS:JMST) by 120.9% during the third quarter, according to its most recent filing with the Securities & Exchange Commission. The fund owned 47,341 shares of the company’s stock after buying an additional 25,913 shares during the quarter. JPMorgan Ultra-Short Municipal ETF comprises 0.7% of Helen Stephens Group LLC’s investment portfolio, making the stock its 22nd biggest holding. Helen Stephens Group LLC owned about 0.09% of JPMorgan Ultra-Short Municipal ETF worth $2,412,000 at the end of the most recent quarter.

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

JPMorgan Ultra-Short Municipal ETF Trading Down 0.0 %

JPMorgan Ultra-Short Municipal ETF stock opened at $50.79 on Wednesday. The company has a fifty day simple moving average of $50.87 and a 200 day simple moving average of $50.75.

JPMorgan Ultra-Short Municipal ETF Increases Dividend

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

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.