1,625 Shares in JPMorgan Ultra-Short Municipal ETF (BATS:JMST) Bought by Blue Trust Inc.

Blue Trust Inc. bought a new stake in JPMorgan Ultra-Short Municipal ETF (BATS:JMST) during the 4th quarter, Holdings Channel reports. The institutional investor bought 1,625 shares of the company’s stock, valued at approximately $82,000.

A number of other hedge funds and other institutional investors also recently bought and sold shares of JMST. River Street Advisors LLC purchased a new position in shares of JPMorgan Ultra-Short Municipal ETF in the 3rd quarter valued at about $30,000. Legacy Investment Solutions LLC purchased a new position in JPMorgan Ultra-Short Municipal ETF in the third quarter valued at approximately $60,000. MidAtlantic Capital Management Inc. acquired a new stake in JPMorgan Ultra-Short Municipal ETF during the third quarter worth approximately $80,000. Key Financial Inc lifted its position in shares of JPMorgan Ultra-Short Municipal ETF by 65.6% during the 3rd quarter. Key Financial Inc now owns 2,116 shares of the company’s stock worth $108,000 after buying an additional 838 shares during the last quarter. Finally, Continuum Advisory LLC acquired a new position in shares of JPMorgan Ultra-Short Municipal ETF in the 3rd quarter valued at $217,000.

JPMorgan Ultra-Short Municipal ETF Trading Up 0.2 %

BATS JMST opened at $50.86 on Monday. The firm has a 50 day moving average of $50.80 and a two-hundred day moving average of $50.82.

JPMorgan Ultra-Short Municipal ETF Cuts Dividend

The company also recently announced a dividend, which was paid on Wednesday, February 5th. Stockholders of record on Monday, February 3rd were given a dividend of $0.1208 per share. The ex-dividend date of this dividend 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.