Assetmark Inc. Buys 946 Shares of JPMorgan Ultra-Short Municipal ETF (BATS:JMST)

Assetmark Inc. raised its stake in JPMorgan Ultra-Short Municipal ETF (BATS:JMST) by 591.3% in the 4th quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The institutional investor owned 1,106 shares of the company’s stock after purchasing an additional 946 shares during the period. Assetmark Inc.’s holdings in JPMorgan Ultra-Short Municipal ETF were worth $56,000 as of its most recent SEC filing.

Other hedge funds and other institutional investors also recently made changes to their positions in the company. River Street Advisors LLC purchased a new position in JPMorgan Ultra-Short Municipal ETF during the third quarter worth about $30,000. Legacy Investment Solutions LLC purchased a new position in JPMorgan Ultra-Short Municipal ETF during the third quarter worth about $60,000. MidAtlantic Capital Management Inc. purchased a new position in JPMorgan Ultra-Short Municipal ETF in the third quarter valued at about $80,000. Blue Trust Inc. purchased a new position in JPMorgan Ultra-Short Municipal ETF in the fourth quarter valued at about $82,000. Finally, Bank of Jackson Hole Trust purchased a new position in JPMorgan Ultra-Short Municipal ETF in the fourth quarter valued at about $99,000.

JPMorgan Ultra-Short Municipal ETF Trading Up 0.1 %

JMST opened at $50.82 on Friday. JPMorgan Ultra-Short Municipal ETF has a twelve month low of $50.53 and a twelve month high of $50.97. The company’s 50-day moving average price is $50.81 and its two-hundred day moving average price is $50.82.

JPMorgan Ultra-Short Municipal ETF Increases Dividend

The firm also recently declared a dividend, which was paid on Wednesday, March 5th. Stockholders of record on Monday, March 3rd were given a $0.1277 dividend. The ex-dividend date was Monday, March 3rd. This is a positive change from JPMorgan Ultra-Short Municipal ETF’s previous dividend of $0.12.

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.