JPMorgan Ultra-Short Municipal ETF $JMST Shares Bought by Ironwood Investment Counsel LLC

Ironwood Investment Counsel LLC boosted its stake in shares of JPMorgan Ultra-Short Municipal ETF (BATS:JMST) by 245.3% during the 3rd quarter, HoldingsChannel reports. The institutional investor owned 104,135 shares of the company’s stock after purchasing an additional 73,974 shares during the quarter. Ironwood Investment Counsel LLC’s holdings in JPMorgan Ultra-Short Municipal ETF were worth $5,315,000 at the end of the most recent reporting period.

Several other institutional investors and hedge funds also recently modified their holdings of JMST. Castlekeep Investment Advisors LLC grew its holdings in shares of JPMorgan Ultra-Short Municipal ETF by 11.0% during the third quarter. Castlekeep Investment Advisors LLC now owns 60,642 shares of the company’s stock worth $3,095,000 after buying an additional 6,019 shares in the last quarter. SouthState Bank Corp raised its holdings in shares of JPMorgan Ultra-Short Municipal ETF by 80.6% during the 3rd quarter. SouthState Bank Corp now owns 4,451 shares of the company’s stock valued at $227,000 after buying an additional 1,986 shares during the period. Auxano Advisors LLC increased its stake in JPMorgan Ultra-Short Municipal ETF by 38.4% during the 3rd quarter. Auxano Advisors LLC now owns 292,811 shares of the company’s stock worth $14,945,000 after buying an additional 81,277 shares during the period. Envestnet Asset Management Inc. raised its position in shares of JPMorgan Ultra-Short Municipal ETF by 7.9% in the 3rd quarter. Envestnet Asset Management Inc. now owns 268,753 shares of the company’s stock valued at $13,717,000 after purchasing an additional 19,752 shares in the last quarter. Finally, Jones Financial Companies Lllp raised its stake in shares of JPMorgan Ultra-Short Municipal ETF by 38.3% in the 3rd quarter. Jones Financial Companies Lllp now owns 252,646 shares of the company’s stock valued at $12,893,000 after purchasing an additional 69,995 shares in the last quarter.

JPMorgan Ultra-Short Municipal ETF Stock Performance

Shares of JMST opened at $51.06 on Friday. JPMorgan Ultra-Short Municipal ETF has a 12-month low of $50.42 and a 12-month high of $50.98. The business’s fifty day moving average price is $51.00 and its 200 day moving average price is $50.98.

JPMorgan Ultra-Short Municipal ETF Cuts Dividend

The business also recently disclosed a monthly dividend, which was paid on Wednesday, February 4th. Investors of record on Monday, February 2nd were paid a dividend of $0.097 per share. This represents a c) dividend on an annualized basis and a dividend yield of 2.3%. The ex-dividend date was Monday, February 2nd.

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.