17,076 Shares in JPMorgan Ultra-Short Municipal ETF (BATS:JMST) Acquired by Bolthouse Investments LLC

Bolthouse Investments LLC purchased a new stake in JPMorgan Ultra-Short Municipal ETF (BATS:JMST) in the 4th quarter, Holdings Channel.com reports. The institutional investor purchased 17,076 shares of the company’s stock, valued at approximately $866,000. JPMorgan Ultra-Short Municipal ETF accounts for 0.8% of Bolthouse Investments LLC’s holdings, making the stock its 24th largest holding.

A number of other institutional investors and hedge funds have also recently added to or reduced their stakes in JMST. OneDigital Investment Advisors LLC grew its stake in shares of JPMorgan Ultra-Short Municipal ETF by 135.3% in the fourth quarter. OneDigital Investment Advisors LLC now owns 19,242 shares of the company’s stock valued at $976,000 after acquiring an additional 11,063 shares in the last quarter. Transce3nd LLC acquired a new position in shares of JPMorgan Ultra-Short Municipal ETF during the 4th quarter worth approximately $3,812,000. Freedom Investment Management Inc. grew its position in shares of JPMorgan Ultra-Short Municipal ETF by 13.6% during the 4th quarter. Freedom Investment Management Inc. now owns 46,692 shares of the company’s stock worth $2,368,000 after purchasing an additional 5,572 shares in the last quarter. NewEdge Advisors LLC raised its position in shares of JPMorgan Ultra-Short Municipal ETF by 18.0% in the fourth quarter. NewEdge Advisors LLC now owns 235,160 shares of the company’s stock valued at $11,925,000 after buying an additional 35,854 shares in the last quarter. Finally, Lifelong Wealth Advisors Inc. acquired a new stake in shares of JPMorgan Ultra-Short Municipal ETF in the fourth quarter valued at approximately $1,190,000.

JPMorgan Ultra-Short Municipal ETF Price Performance

Shares of BATS:JMST opened at $50.75 on Friday. The business’s 50 day simple moving average is $50.75 and its 200 day simple moving average is $50.78. JPMorgan Ultra-Short Municipal ETF has a 1 year low of $50.42 and a 1 year high of $50.98.

JPMorgan Ultra-Short Municipal ETF Increases Dividend

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

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.