Graves Light Lenhart Wealth Inc. Has $5.03 Million Holdings in JPMorgan Ultra-Short Municipal ETF $JMST

Graves Light Lenhart Wealth Inc. boosted its position in shares of JPMorgan Ultra-Short Municipal ETF (BATS:JMST) by 22.9% in the fourth quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The fund owned 98,716 shares of the company’s stock after acquiring an additional 18,399 shares during the period. Graves Light Lenhart Wealth Inc.’s holdings in JPMorgan Ultra-Short Municipal ETF were worth $5,029,000 at the end of the most recent quarter.

Other hedge funds also recently bought and sold shares of the company. AQR Capital Management LLC grew its position in shares of JPMorgan Ultra-Short Municipal ETF by 48.3% in the first quarter. AQR Capital Management LLC now owns 14,012 shares of the company’s stock valued at $713,000 after purchasing an additional 4,561 shares during the last quarter. JPMorgan Chase & Co. lifted its position in shares of JPMorgan Ultra-Short Municipal ETF by 17.6% during the 2nd quarter. JPMorgan Chase & Co. now owns 1,011,957 shares of the company’s stock worth $51,529,000 after purchasing an additional 151,379 shares during the last quarter. Franklin Resources Inc. lifted its position in shares of JPMorgan Ultra-Short Municipal ETF by 16.7% during the 2nd quarter. Franklin Resources Inc. now owns 216,874 shares of the company’s stock worth $11,043,000 after purchasing an additional 31,098 shares during the last quarter. Cozad Asset Management Inc. boosted its stake in JPMorgan Ultra-Short Municipal ETF by 10.3% during the 2nd quarter. Cozad Asset Management Inc. now owns 21,107 shares of the company’s stock valued at $1,075,000 after purchasing an additional 1,975 shares during the period. Finally, Global Retirement Partners LLC bought a new stake in JPMorgan Ultra-Short Municipal ETF during the 2nd quarter valued at approximately $2,988,000.

JPMorgan Ultra-Short Municipal ETF Stock Down 0.1%

JMST opened at $50.98 on Monday. The stock’s 50 day moving average price is $51.06 and its two-hundred day moving average price is $51.00. JPMorgan Ultra-Short Municipal ETF has a 12-month low of $50.42 and a 12-month high of $51.13.

JPMorgan Ultra-Short Municipal ETF Increases Dividend

The business also recently disclosed a monthly dividend, which was paid on Wednesday, March 4th. Stockholders of record on Monday, March 2nd were paid a $0.1157 dividend. The ex-dividend date was Monday, March 2nd. This is a positive change from JPMorgan Ultra-Short Municipal ETF’s previous monthly dividend of $0.10. This represents a c) annualized dividend and a dividend yield of 2.7%.

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.