Walkner Condon Financial Advisors LLC Purchases 42,571 Shares of JPMorgan Ultra-Short Municipal ETF $JMST

Walkner Condon Financial Advisors LLC raised its position in JPMorgan Ultra-Short Municipal ETF (BATS:JMST) by 132.0% during the fourth quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The institutional investor owned 74,832 shares of the company’s stock after buying an additional 42,571 shares during the period. Walkner Condon Financial Advisors LLC’s holdings in JPMorgan Ultra-Short Municipal ETF were worth $3,812,000 as of its most recent SEC filing.

Several other large investors have also recently added to or reduced their stakes in the company. Citizens Financial Group Inc. RI increased its holdings in JPMorgan Ultra-Short Municipal ETF by 2,677.6% during the 3rd quarter. Citizens Financial Group Inc. RI now owns 136,156 shares of the company’s stock valued at $6,949,000 after purchasing an additional 131,254 shares in the last quarter. Boothe Investment Group Inc. boosted its stake in JPMorgan Ultra-Short Municipal ETF by 11.5% in the third quarter. Boothe Investment Group Inc. now owns 257,352 shares of the company’s stock worth $13,135,000 after purchasing an additional 26,528 shares in the last quarter. Cooper Financial Group boosted its stake in JPMorgan Ultra-Short Municipal ETF by 22.2% in the third quarter. Cooper Financial Group now owns 158,260 shares of the company’s stock worth $8,078,000 after purchasing an additional 28,746 shares in the last quarter. Forvis Mazars Wealth Advisors LLC grew its holdings in shares of JPMorgan Ultra-Short Municipal ETF by 410.1% during the third quarter. Forvis Mazars Wealth Advisors LLC now owns 23,079 shares of the company’s stock worth $1,178,000 after purchasing an additional 18,555 shares during the last quarter. Finally, Ashton Thomas Securities LLC increased its stake in shares of JPMorgan Ultra-Short Municipal ETF by 200.5% in the third quarter. Ashton Thomas Securities LLC now owns 55,310 shares of the company’s stock valued at $2,823,000 after buying an additional 36,905 shares in the last quarter.

JPMorgan Ultra-Short Municipal ETF Price Performance

JPMorgan Ultra-Short Municipal ETF stock opened at $50.91 on Monday. The stock has a 50-day simple moving average of $51.04 and a 200 day simple moving average of $50.99. 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 announced a monthly dividend, which was paid on Wednesday, March 4th. Shareholders of record on Monday, March 2nd were paid a $0.1157 dividend. This is a boost from JPMorgan Ultra-Short Municipal ETF’s previous monthly dividend of $0.10. This represents a c) dividend on an annualized basis and a dividend yield of 2.7%. The ex-dividend date of this dividend 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.