JPMorgan Ultra-Short Municipal ETF (BATS:JMST) Shares Bought by Albion Financial Group UT

Albion Financial Group UT boosted its position in JPMorgan Ultra-Short Municipal ETF (BATS:JMST) by 4.0% in the 1st quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The institutional investor owned 59,619 shares of the company’s stock after purchasing an additional 2,280 shares during the period. Albion Financial Group UT owned about 0.11% of JPMorgan Ultra-Short Municipal ETF worth $3,025,000 as of its most recent SEC filing.

Several other hedge funds have also recently bought and sold shares of the company. Principle Wealth Partners LLC boosted its holdings in JPMorgan Ultra-Short Municipal ETF by 3,612.4% in the fourth quarter. Principle Wealth Partners LLC now owns 364,597 shares of the company’s stock valued at $18,500,000 after acquiring an additional 354,776 shares during the last quarter. Asio Capital LLC acquired a new position in JPMorgan Ultra-Short Municipal ETF in the fourth quarter valued at $16,121,000. CWM LLC boosted its holdings in JPMorgan Ultra-Short Municipal ETF by 75.7% in the fourth quarter. CWM LLC now owns 667,926 shares of the company’s stock valued at $33,891,000 after acquiring an additional 287,684 shares during the last quarter. Fiduciary Trust Co lifted its stake in shares of JPMorgan Ultra-Short Municipal ETF by 18.9% during the fourth quarter. Fiduciary Trust Co now owns 1,456,283 shares of the company’s stock worth $73,892,000 after purchasing an additional 231,636 shares in the last quarter. Finally, Cerity Partners LLC lifted its stake in shares of JPMorgan Ultra-Short Municipal ETF by 39.8% during the fourth quarter. Cerity Partners LLC now owns 664,597 shares of the company’s stock worth $33,766,000 after purchasing an additional 189,351 shares in the last quarter.

JPMorgan Ultra-Short Municipal ETF Stock Performance

Shares of JMST remained flat at $50.62 during midday trading on Wednesday. The company’s stock had a trading volume of 620,234 shares. The firm has a 50 day moving average price of $50.67 and a two-hundred day moving average price of $50.70.

JPMorgan Ultra-Short Municipal ETF Cuts Dividend

The company also recently declared a dividend, which will be paid on Wednesday, July 3rd. Stockholders of record on Monday, July 1st will be issued a $0.1405 dividend. The ex-dividend date of this dividend is Monday, July 1st.

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.