Ironwood Investment Counsel LLC Has $1.27 Million Holdings in JPMorgan Ultra-Short Municipal ETF (BATS:JMST)

Ironwood Investment Counsel LLC decreased its position in shares of JPMorgan Ultra-Short Municipal ETF (BATS:JMST) by 29.5% during the 4th quarter, Holdings Channel reports. The institutional investor owned 25,020 shares of the company’s stock after selling 10,474 shares during the quarter. Ironwood Investment Counsel LLC’s holdings in JPMorgan Ultra-Short Municipal ETF were worth $1,269,000 at the end of the most recent quarter.

A number of other hedge funds have also recently bought and sold shares of JMST. Whitegate Investment Counselors Inc. raised its stake in shares of JPMorgan Ultra-Short Municipal ETF by 163.5% during the fourth quarter. Whitegate Investment Counselors Inc. now owns 83,265 shares of the company’s stock worth $4,222,000 after buying an additional 51,660 shares during the last quarter. Impact Capital Partners LLC bought a new stake in shares of JPMorgan Ultra-Short Municipal ETF during the 4th quarter valued at $868,000. Commonwealth Equity Services LLC raised its position in shares of JPMorgan Ultra-Short Municipal ETF by 4.2% during the 4th quarter. Commonwealth Equity Services LLC now owns 227,011 shares of the company’s stock valued at $11,512,000 after acquiring an additional 9,125 shares during the last quarter. CFO4Life Group LLC lifted its stake in shares of JPMorgan Ultra-Short Municipal ETF by 8.0% in the 4th quarter. CFO4Life Group LLC now owns 242,201 shares of the company’s stock valued at $12,282,000 after purchasing an additional 17,893 shares during the period. Finally, Sequoia Financial Advisors LLC boosted its position in shares of JPMorgan Ultra-Short Municipal ETF by 39.2% in the 4th quarter. Sequoia Financial Advisors LLC now owns 169,989 shares of the company’s stock worth $8,620,000 after purchasing an additional 47,884 shares during the last quarter.

JPMorgan Ultra-Short Municipal ETF Trading Up 0.1 %

BATS JMST opened at $50.82 on Friday. JPMorgan Ultra-Short Municipal ETF has a 12 month low of $50.53 and a 12 month high of $50.97. The stock has a 50-day simple moving average of $50.81 and a 200 day simple moving average of $50.82.

JPMorgan Ultra-Short Municipal ETF Increases Dividend

The business also recently declared a dividend, which was paid on Wednesday, March 5th. Stockholders of record on Monday, March 3rd were paid a $0.1277 dividend. The ex-dividend date was Monday, March 3rd. This is a boost from JPMorgan Ultra-Short Municipal ETF’s previous dividend of $0.12.

JPMorgan Ultra-Short Municipal ETF 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.