YHB Investment Advisors Inc. Buys 10,086 Shares of JPMorgan Ultra-Short Municipal ETF $JMST

YHB Investment Advisors Inc. raised its stake in shares of JPMorgan Ultra-Short Municipal ETF (BATS:JMST) by 9.5% during the fourth quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The firm owned 115,968 shares of the company’s stock after purchasing an additional 10,086 shares during the quarter. YHB Investment Advisors Inc. owned approximately 0.15% of JPMorgan Ultra-Short Municipal ETF worth $5,907,000 at the end of the most recent reporting period.

Several other institutional investors have also added to or reduced their stakes in JMST. Dakota Wealth Management boosted its stake in shares of JPMorgan Ultra-Short Municipal ETF by 1.5% during the 3rd quarter. Dakota Wealth Management now owns 13,815 shares of the company’s stock valued at $705,000 after purchasing an additional 200 shares in the last quarter. Cahaba Wealth Management Inc. raised its stake in JPMorgan Ultra-Short Municipal ETF by 4.2% in the fourth quarter. Cahaba Wealth Management Inc. now owns 6,137 shares of the company’s stock worth $313,000 after buying an additional 245 shares in the last quarter. Intergy Private Wealth LLC lifted its holdings in JPMorgan Ultra-Short Municipal ETF by 1.6% in the third quarter. Intergy Private Wealth LLC now owns 16,223 shares of the company’s stock worth $828,000 after buying an additional 260 shares during the period. Total Clarity Wealth Management Inc. boosted its position in JPMorgan Ultra-Short Municipal ETF by 3.7% during the 3rd quarter. Total Clarity Wealth Management Inc. now owns 7,335 shares of the company’s stock valued at $374,000 after acquiring an additional 264 shares in the last quarter. Finally, IFG Advisory LLC boosted its position in JPMorgan Ultra-Short Municipal ETF by 3.0% during the 3rd quarter. IFG Advisory LLC now owns 9,152 shares of the company’s stock valued at $467,000 after acquiring an additional 267 shares in the last quarter.

JPMorgan Ultra-Short Municipal ETF Trading Down 0.1%

JMST stock opened at $50.91 on Thursday. JPMorgan Ultra-Short Municipal ETF has a fifty-two week low of $50.42 and a fifty-two week high of $51.13. The business’s 50 day moving average price is $51.04 and its two-hundred day moving average price is $50.99.

JPMorgan Ultra-Short Municipal ETF Increases Dividend

The company also recently declared a monthly dividend, which was paid on Wednesday, March 4th. Investors of record on Monday, March 2nd were given a dividend of $0.1157 per share. This is a boost 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%. The ex-dividend date was Monday, March 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.