JPMorgan Ultra-Short Municipal ETF $JMST Shares Sold by Legacy Private Trust Co.

Legacy Private Trust Co. cut its holdings in shares of JPMorgan Ultra-Short Municipal ETF (BATS:JMST) by 55.7% during the fourth quarter, Holdings Channel reports. The firm owned 67,150 shares of the company’s stock after selling 84,292 shares during the quarter. Legacy Private Trust Co.’s holdings in JPMorgan Ultra-Short Municipal ETF were worth $3,421,000 at the end of the most recent quarter.

Other hedge funds have also made changes to their positions in the company. Rice Partnership LLC purchased a new position in shares of JPMorgan Ultra-Short Municipal ETF in the third quarter valued at approximately $43,000. Financial Network Wealth Advisors LLC increased its stake in JPMorgan Ultra-Short Municipal ETF by 2,202.2% during the 3rd quarter. Financial Network Wealth Advisors LLC now owns 1,059 shares of the company’s stock worth $54,000 after buying an additional 1,013 shares during the period. US Bancorp DE increased its stake in JPMorgan Ultra-Short Municipal ETF by 130.6% during the 3rd quarter. US Bancorp DE now owns 1,153 shares of the company’s stock worth $59,000 after buying an additional 653 shares during the period. Triumph Capital Management acquired a new stake in JPMorgan Ultra-Short Municipal ETF during the 3rd quarter worth approximately $96,000. Finally, GGM Financials LLC acquired a new stake in JPMorgan Ultra-Short Municipal ETF during the 3rd quarter worth approximately $100,000.

JPMorgan Ultra-Short Municipal ETF Price Performance

Shares of JMST stock opened at $50.98 on Friday. The firm has a 50 day moving average of $51.06 and a two-hundred day moving average of $51.00. JPMorgan Ultra-Short Municipal ETF has a 52 week low of $50.42 and a 52 week high of $51.13.

JPMorgan Ultra-Short Municipal ETF Increases Dividend

The business also recently disclosed a monthly dividend, which was paid on Wednesday, March 4th. Stockholders of record on Monday, March 2nd were paid a $0.1157 dividend. The ex-dividend date was Monday, March 2nd. This is an increase from JPMorgan Ultra-Short Municipal ETF’s previous monthly dividend of $0.10. This represents a c) annualized dividend and a dividend yield of 2.7%.

JPMorgan Ultra-Short Municipal ETF Company 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.