Stratos Wealth Partners LTD. Raises Stock Position in JPMorgan Ultra-Short Municipal ETF (BATS:JMST)

Stratos Wealth Partners LTD. grew its holdings in JPMorgan Ultra-Short Municipal ETF (BATS:JMST) by 14.4% during the 4th quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The institutional investor owned 41,649 shares of the company’s stock after acquiring an additional 5,232 shares during the period. Stratos Wealth Partners LTD. owned about 0.08% of JPMorgan Ultra-Short Municipal ETF worth $2,112,000 as of its most recent filing with the Securities & Exchange Commission.

Other hedge funds have also recently made changes to their positions in the company. LPL Financial LLC lifted its holdings in JPMorgan Ultra-Short Municipal ETF by 9.5% in the 3rd quarter. LPL Financial LLC now owns 1,925,693 shares of the company’s stock worth $98,095,000 after purchasing an additional 167,861 shares in the last quarter. Resonant Capital Advisors LLC lifted its holdings in shares of JPMorgan Ultra-Short Municipal ETF by 1.9% in the fourth quarter. Resonant Capital Advisors LLC now owns 1,171,600 shares of the company’s stock worth $59,512,000 after buying an additional 21,351 shares in the last quarter. Salomon & Ludwin LLC boosted its position in shares of JPMorgan Ultra-Short Municipal ETF by 438.4% during the third quarter. Salomon & Ludwin LLC now owns 1,019,611 shares of the company’s stock worth $51,939,000 after acquiring an additional 830,218 shares during the last quarter. JPMorgan Chase & Co. grew its stake in JPMorgan Ultra-Short Municipal ETF by 8.9% during the third quarter. JPMorgan Chase & Co. now owns 864,940 shares of the company’s stock valued at $44,060,000 after acquiring an additional 70,821 shares in the last quarter. Finally, FSM Wealth Advisors LLC increased its holdings in JPMorgan Ultra-Short Municipal ETF by 676.0% in the 3rd quarter. FSM Wealth Advisors LLC now owns 593,698 shares of the company’s stock valued at $30,243,000 after acquiring an additional 517,187 shares during the last quarter.

JPMorgan Ultra-Short Municipal ETF Stock Performance

Shares of JMST stock opened at $50.81 on Friday. The business has a 50 day moving average of $50.79 and a two-hundred day moving average of $50.82.

JPMorgan Ultra-Short Municipal ETF Cuts Dividend

The company also recently declared a dividend, which was paid on Wednesday, February 5th. Investors 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.