Interchange Capital Partners LLC Purchases 57,936 Shares of JPMorgan Ultra-Short Municipal ETF $JMST

Interchange Capital Partners LLC lifted its position in shares of JPMorgan Ultra-Short Municipal ETF (BATS:JMST) by 8.3% in the 3rd quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The fund owned 752,356 shares of the company’s stock after purchasing an additional 57,936 shares during the period. JPMorgan Ultra-Short Municipal ETF comprises approximately 7.5% of Interchange Capital Partners LLC’s portfolio, making the stock its largest position. Interchange Capital Partners LLC owned approximately 0.94% of JPMorgan Ultra-Short Municipal ETF worth $38,400,000 at the end of the most recent quarter.

Other large investors have also recently bought and sold shares of the company. Creative Financial Designs Inc. ADV raised its stake in JPMorgan Ultra-Short Municipal ETF by 414.0% in the second quarter. Creative Financial Designs Inc. ADV now owns 514 shares of the company’s stock valued at $26,000 after buying an additional 414 shares in the last quarter. Legacy Investment Solutions LLC purchased a new stake in shares of JPMorgan Ultra-Short Municipal ETF in the 2nd quarter valued at about $26,000. Atlantic Union Bankshares Corp acquired a new stake in shares of JPMorgan Ultra-Short Municipal ETF in the 2nd quarter valued at about $42,000. Rice Partnership LLC purchased a new position in JPMorgan Ultra-Short Municipal ETF during the 3rd quarter worth approximately $43,000. Finally, Financial Network Wealth Advisors LLC grew its stake in JPMorgan Ultra-Short Municipal ETF by 2,202.2% during the 3rd quarter. Financial Network Wealth Advisors LLC now owns 1,059 shares of the company’s stock worth $54,000 after buying an additional 1,013 shares during the last quarter.

JPMorgan Ultra-Short Municipal ETF Trading Up 0.0%

Shares of BATS JMST opened at $51.09 on Thursday. JPMorgan Ultra-Short Municipal ETF has a twelve month low of $50.42 and a twelve month high of $51.13. The stock has a 50 day moving average of $51.05 and a two-hundred day moving average of $50.99.

JPMorgan Ultra-Short Municipal ETF Cuts Dividend

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

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.