MidAtlantic Capital Management Inc. Purchases Shares of 1,565 JPMorgan Ultra-Short Municipal ETF (BATS:JMST)

MidAtlantic Capital Management Inc. purchased a new stake in shares of JPMorgan Ultra-Short Municipal ETF (BATS:JMST) in the third quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The fund purchased 1,565 shares of the company’s stock, valued at approximately $80,000.

A number of other institutional investors have also recently added to or reduced their stakes in the company. River Street Advisors LLC purchased a new stake in shares of JPMorgan Ultra-Short Municipal ETF in the third quarter worth about $30,000. Chris Bulman Inc purchased a new stake in shares of JPMorgan Ultra-Short Municipal ETF in the second quarter worth about $35,000. Financial Perspectives Inc purchased a new stake in shares of JPMorgan Ultra-Short Municipal ETF in the second quarter worth about $40,000. Larson Financial Group LLC purchased a new stake in shares of JPMorgan Ultra-Short Municipal ETF in the second quarter worth about $50,000. Finally, International Assets Investment Management LLC purchased a new stake in shares of JPMorgan Ultra-Short Municipal ETF in the second quarter worth about $82,000.

JPMorgan Ultra-Short Municipal ETF Stock Up 0.1 %

Shares of BATS JMST opened at $50.82 on Monday. The stock has a fifty day moving average of $50.82 and a 200-day moving average of $50.77.

JPMorgan Ultra-Short Municipal ETF Increases Dividend

The firm also recently declared a dividend, which was paid on Thursday, September 5th. Investors of record on Tuesday, September 3rd were issued a $0.1451 dividend. The ex-dividend date was Tuesday, September 3rd. This is an increase from JPMorgan Ultra-Short Municipal ETF’s previous dividend of $0.14.

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.