Global Strategic Investment Solutions LLC Sells 137,702 Shares of JPMorgan Ultra-Short Municipal ETF (BATS:JMST)

Global Strategic Investment Solutions LLC trimmed its holdings in shares of JPMorgan Ultra-Short Municipal ETF (BATS:JMST) by 26.8% in the 4th quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission. The fund owned 375,575 shares of the company’s stock after selling 137,702 shares during the quarter. JPMorgan Ultra-Short Municipal ETF accounts for approximately 2.2% of Global Strategic Investment Solutions LLC’s investment portfolio, making the stock its 11th largest holding. Global Strategic Investment Solutions LLC’s holdings in JPMorgan Ultra-Short Municipal ETF were worth $19,045,000 as of its most recent SEC filing.

Several other institutional investors and hedge funds have also made changes to their positions in the business. LPL Financial LLC lifted its position in shares of JPMorgan Ultra-Short Municipal ETF by 9.5% during the third 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 during the last quarter. Resonant Capital Advisors LLC lifted its position in shares of JPMorgan Ultra-Short Municipal ETF by 1.9% during the fourth quarter. Resonant Capital Advisors LLC now owns 1,171,600 shares of the company’s stock worth $59,512,000 after purchasing an additional 21,351 shares during the last quarter. Salomon & Ludwin LLC lifted its position in shares of JPMorgan Ultra-Short Municipal ETF by 0.8% during the fourth quarter. Salomon & Ludwin LLC now owns 1,027,536 shares of the company’s stock worth $52,106,000 after purchasing an additional 7,925 shares during the last quarter. JPMorgan Chase & Co. raised its holdings in shares of JPMorgan Ultra-Short Municipal ETF by 8.9% in 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, Bailard Inc. bought a new stake in shares of JPMorgan Ultra-Short Municipal ETF in the fourth quarter valued at about $43,522,000.

JPMorgan Ultra-Short Municipal ETF Stock Up 0.1 %

JMST stock opened at $50.79 on Tuesday. The company has a fifty day moving average price of $50.81 and a 200-day moving average price of $50.82.

JPMorgan Ultra-Short Municipal ETF Increases Dividend

The company also recently disclosed a dividend, which will be paid on Wednesday, March 5th. Investors of record on Monday, March 3rd will be issued a $0.1277 dividend. This is an increase from JPMorgan Ultra-Short Municipal ETF’s previous dividend of $0.12. The ex-dividend date of this dividend is Monday, March 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.