Narus Financial Partners LLC Purchases 3,777 Shares of JPMorgan Ultra-Short Municipal ETF (BATS:JMST)

Narus Financial Partners LLC lifted its position in JPMorgan Ultra-Short Municipal ETF (BATS:JMST) by 7.1% during the 1st quarter, according to its most recent disclosure with the SEC. The fund owned 57,312 shares of the company’s stock after purchasing an additional 3,777 shares during the period. JPMorgan Ultra-Short Municipal ETF comprises approximately 1.2% of Narus Financial Partners LLC’s portfolio, making the stock its 14th biggest holding. Narus Financial Partners LLC owned about 0.11% of JPMorgan Ultra-Short Municipal ETF worth $2,908,000 at the end of the most recent reporting period.

Other large investors have also added to or reduced their stakes in the company. Lincoln National Corp boosted its holdings in JPMorgan Ultra-Short Municipal ETF by 126.7% in the fourth quarter. Lincoln National Corp now owns 9,271 shares of the company’s stock valued at $470,000 after acquiring an additional 5,182 shares in the last quarter. RFG Advisory LLC lifted its position in JPMorgan Ultra-Short Municipal ETF by 35.2% during the fourth quarter. RFG Advisory LLC now owns 10,146 shares of the company’s stock valued at $515,000 after buying an additional 2,639 shares during the period. Chesley Taft & Associates LLC lifted its position in JPMorgan Ultra-Short Municipal ETF by 1.7% during the fourth quarter. Chesley Taft & Associates LLC now owns 41,825 shares of the company’s stock valued at $2,122,000 after buying an additional 700 shares during the period. Morningstar Investment Services LLC lifted its position in JPMorgan Ultra-Short Municipal ETF by 153.0% during the fourth quarter. Morningstar Investment Services LLC now owns 145,210 shares of the company’s stock valued at $7,359,000 after buying an additional 87,817 shares during the period. Finally, Corient Private Wealth LLC lifted its position in JPMorgan Ultra-Short Municipal ETF by 3.8% during the fourth quarter. Corient Private Wealth LLC now owns 494,775 shares of the company’s stock valued at $25,105,000 after buying an additional 18,051 shares during the period.

JPMorgan Ultra-Short Municipal ETF Price Performance

Shares of JMST traded up $0.01 during trading hours on Tuesday, hitting $50.61. The company had a trading volume of 325,907 shares. The company’s 50-day moving average is $50.67 and its two-hundred day moving average is $50.70.

JPMorgan Ultra-Short Municipal ETF Cuts Dividend

The business also recently declared a dividend, which will be paid on Wednesday, July 3rd. Stockholders of record on Monday, July 1st will be given a $0.1405 dividend. The ex-dividend date is Monday, July 1st.

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.