Quotient Wealth Partners LLC Acquires 11,672 Shares of JPMorgan Ultra-Short Municipal ETF (BATS:JMST)

Quotient Wealth Partners LLC boosted its holdings in JPMorgan Ultra-Short Municipal ETF (BATS:JMST) by 7.8% in the fourth quarter, Holdings Channel reports. The firm owned 160,426 shares of the company’s stock after purchasing an additional 11,672 shares during the quarter. Quotient Wealth Partners LLC’s holdings in JPMorgan Ultra-Short Municipal ETF were worth $8,135,000 as of its most recent SEC filing.

A number of other hedge funds have also added to or reduced their stakes in JMST. Red Mountain Financial LLC lifted its stake in shares of JPMorgan Ultra-Short Municipal ETF by 1.4% during the 3rd quarter. Red Mountain Financial LLC now owns 20,831 shares of the company’s stock worth $1,061,000 after buying an additional 285 shares during the last quarter. Priebe Wealth Holdings LLC lifted its stake in shares of JPMorgan Ultra-Short Municipal ETF by 20.5% during the 3rd quarter. Priebe Wealth Holdings LLC now owns 22,043 shares of the company’s stock worth $1,123,000 after buying an additional 3,756 shares during the last quarter. Annex Advisory Services LLC acquired a new stake in shares of JPMorgan Ultra-Short Municipal ETF during the 3rd quarter worth about $21,711,000. Adamsbrown Wealth Consultants LLC lifted its stake in shares of JPMorgan Ultra-Short Municipal ETF by 331.7% during the 3rd quarter. Adamsbrown Wealth Consultants LLC now owns 46,412 shares of the company’s stock worth $2,364,000 after buying an additional 35,661 shares during the last quarter. Finally, Elmwood Wealth Management Inc. lifted its stake in shares of JPMorgan Ultra-Short Municipal ETF by 22.9% during the 3rd quarter. Elmwood Wealth Management Inc. now owns 96,752 shares of the company’s stock worth $4,929,000 after buying an additional 18,025 shares during the last quarter.

JPMorgan Ultra-Short Municipal ETF Stock Up 0.1 %

BATS JMST opened at $50.81 on Friday. The business’s 50-day moving average is $50.79 and its 200-day moving average is $50.82.

JPMorgan Ultra-Short Municipal ETF Cuts Dividend

The business also recently announced a dividend, which was paid on Wednesday, February 5th. Stockholders of record on Monday, February 3rd were paid a dividend of $0.1208 per share. The ex-dividend date was Monday, February 3rd.

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.