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

Weatherly Asset Management L. P. cut its stake in shares of JPMorgan Ultra-Short Municipal ETF (BATS:JMST) by 2.4% during the fourth quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The firm owned 571,785 shares of the company’s stock after selling 14,019 shares during the period. JPMorgan Ultra-Short Municipal ETF accounts for about 3.1% of Weatherly Asset Management L. P.’s portfolio, making the stock its 5th biggest position. Weatherly Asset Management L. P.’s holdings in JPMorgan Ultra-Short Municipal ETF were worth $29,090,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

A number of other hedge funds and other institutional investors have also added to or reduced their stakes in JMST. Macroview Investment Management LLC purchased a new stake in JPMorgan Ultra-Short Municipal ETF during the fourth quarter worth $30,000. LWM Advisory Services LLC purchased a new position in shares of JPMorgan Ultra-Short Municipal ETF during the 3rd quarter valued at approximately $38,000. CVA Family Office LLC purchased a new position in JPMorgan Ultra-Short Municipal ETF in the 4th quarter valued at $75,000. AdvisorNet Financial Inc lifted its holdings in JPMorgan Ultra-Short Municipal ETF by 38.1% in the 3rd quarter. AdvisorNet Financial Inc now owns 1,986 shares of the company’s stock valued at $100,000 after purchasing an additional 548 shares in the last quarter. Finally, Tyler Stone Wealth Management lifted its holdings in JPMorgan Ultra-Short Municipal ETF by 33.3% in the 3rd quarter. Tyler Stone Wealth Management now owns 3,200 shares of the company’s stock valued at $161,000 after purchasing an additional 800 shares in the last quarter.

JPMorgan Ultra-Short Municipal ETF Stock Up 0.0 %

Shares of BATS JMST traded up $0.01 during trading on Tuesday, hitting $50.67. 305,647 shares of the company were exchanged. The company’s 50-day moving average is $50.69 and its two-hundred day moving average is $50.65.

JPMorgan Ultra-Short Municipal ETF Cuts Dividend

The firm also recently disclosed a dividend, which was paid on Thursday, April 4th. Investors of record on Tuesday, April 2nd were given a dividend of $0.1399 per share. The ex-dividend date of this dividend was Monday, April 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.