Essex Savings Bank Boosts Stock Holdings in JPMorgan Ultra-Short Municipal ETF (BATS:JMST)

Essex Savings Bank grew its position in shares of JPMorgan Ultra-Short Municipal ETF (BATS:JMST) by 4.6% during the third quarter, HoldingsChannel reports. The institutional investor owned 6,319 shares of the company’s stock after purchasing an additional 276 shares during the period. Essex Savings Bank’s holdings in JPMorgan Ultra-Short Municipal ETF were worth $322,000 as of its most recent SEC filing.

A number of other institutional investors have also recently made changes to their positions in JMST. Private Advisor Group LLC boosted its stake in shares of JPMorgan Ultra-Short Municipal ETF by 1.9% in the 3rd quarter. Private Advisor Group LLC now owns 78,482 shares of the company’s stock worth $3,998,000 after buying an additional 1,434 shares during the last quarter. International Assets Investment Management LLC grew its stake in shares of JPMorgan Ultra-Short Municipal ETF by 7,537.1% during the 3rd quarter. International Assets Investment Management LLC now owns 123,416 shares of the company’s stock valued at $6,287,000 after purchasing an additional 121,800 shares during the period. Raymond James & Associates increased 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 valued at $9,498,000 after purchasing an additional 6,055 shares during the last quarter. Harbour Investments Inc. lifted its stake in shares of JPMorgan Ultra-Short Municipal ETF by 2.2% in the 2nd quarter. Harbour Investments Inc. now owns 10,955 shares of the company’s stock worth $556,000 after purchasing an additional 238 shares during the period. Finally, Krilogy Financial LLC purchased a new position in shares of JPMorgan Ultra-Short Municipal ETF in the second quarter worth approximately $518,000.

JPMorgan Ultra-Short Municipal ETF Price Performance

Shares of BATS JMST opened at $50.77 on Monday. The firm’s 50-day simple moving average is $50.83 and its 200 day simple moving average is $50.77.

JPMorgan Ultra-Short Municipal ETF Increases Dividend

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

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.