U.S. Capital Wealth Advisors LLC Has $584,000 Stock Holdings in JPMorgan Ultra-Short Municipal ETF (BATS:JMST)

U.S. Capital Wealth Advisors LLC lifted its holdings in shares of JPMorgan Ultra-Short Municipal ETF (BATS:JMST) by 6.5% in the fourth quarter, according to its most recent filing with the SEC. The firm owned 11,504 shares of the company’s stock after acquiring an additional 700 shares during the period. U.S. Capital Wealth Advisors LLC’s holdings in JPMorgan Ultra-Short Municipal ETF were worth $584,000 as of its most recent filing with the SEC.

Several other institutional investors have also made changes to their positions in JMST. Independent Advisor Alliance bought a new position in shares of JPMorgan Ultra-Short Municipal ETF during the third quarter valued at $249,000. Bank of New York Mellon Corp boosted its position in JPMorgan Ultra-Short Municipal ETF by 101.9% in the third quarter. Bank of New York Mellon Corp now owns 240,496 shares of the company’s stock valued at $12,133,000 after buying an additional 121,369 shares in the last quarter. Laurel Wealth Planning LLC grew its stake in JPMorgan Ultra-Short Municipal ETF by 5.9% during the third quarter. Laurel Wealth Planning LLC now owns 20,797 shares of the company’s stock worth $1,049,000 after buying an additional 1,154 shares during the last quarter. Perigon Wealth Management LLC grew its stake in JPMorgan Ultra-Short Municipal ETF by 76.1% during the third quarter. Perigon Wealth Management LLC now owns 131,766 shares of the company’s stock worth $6,648,000 after buying an additional 56,949 shares during the last quarter. Finally, Boothe Investment Group Inc. increased its holdings in shares of JPMorgan Ultra-Short Municipal ETF by 256.2% during the third quarter. Boothe Investment Group Inc. now owns 281,834 shares of the company’s stock worth $14,219,000 after buying an additional 202,710 shares in the last quarter.

JPMorgan Ultra-Short Municipal ETF Price Performance

Shares of BATS:JMST opened at $50.62 on Tuesday. The firm has a fifty day simple moving average of $50.67 and a two-hundred day simple moving average of $50.67.

JPMorgan Ultra-Short Municipal ETF Cuts Dividend

The business also recently announced a dividend, which was paid on Thursday, April 4th. Shareholders of record on Tuesday, April 2nd were paid a $0.1399 dividend. The ex-dividend date of this dividend was Monday, April 1st.

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.