JPMorgan Ultra-Short Municipal ETF (BATS:JMST) Stake Decreased by Weatherly Asset Management L. P.

Weatherly Asset Management L. P. cut its holdings in JPMorgan Ultra-Short Municipal ETF (BATS:JMST) by 1.1% during the fourth quarter, Holdings Channel reports. The institutional investor owned 584,147 shares of the company’s stock after selling 6,202 shares during the quarter. JPMorgan Ultra-Short Municipal ETF comprises 2.6% of Weatherly Asset Management L. P.’s investment portfolio, making the stock its 7th biggest holding. Weatherly Asset Management L. P.’s holdings in JPMorgan Ultra-Short Municipal ETF were worth $29,688,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

Other institutional investors have also recently modified their holdings of the company. River Street Advisors LLC purchased a new stake in JPMorgan Ultra-Short Municipal ETF during the third quarter worth $30,000. Legacy Investment Solutions LLC purchased a new stake in JPMorgan Ultra-Short Municipal ETF during the third quarter worth $60,000. MidAtlantic Capital Management Inc. purchased a new stake in JPMorgan Ultra-Short Municipal ETF during the third quarter worth $80,000. Key Financial Inc boosted its position in JPMorgan Ultra-Short Municipal ETF by 65.6% during the third quarter. Key Financial Inc now owns 2,116 shares of the company’s stock worth $108,000 after purchasing an additional 838 shares in the last quarter. Finally, Continuum Advisory LLC purchased a new stake in JPMorgan Ultra-Short Municipal ETF during the third quarter worth $217,000.

JPMorgan Ultra-Short Municipal ETF Trading Up 0.1 %

JMST opened at $50.82 on Tuesday. The business’s 50 day moving average price is $50.79 and its two-hundred day moving average price 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 given a $0.1208 dividend. The ex-dividend date was Monday, February 3rd.

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.