Truist Financial Corp Decreases Position in JPMorgan Ultra-Short Municipal ETF (BATS:JMST)

Truist Financial Corp decreased its holdings in JPMorgan Ultra-Short Municipal ETF (BATS:JMST) by 8.1% during the 4th quarter, according to the company in its most recent disclosure with the SEC. The institutional investor owned 108,112 shares of the company’s stock after selling 9,504 shares during the quarter. Truist Financial Corp’s holdings in JPMorgan Ultra-Short Municipal ETF were worth $5,486,000 as of its most recent filing with the SEC.

Several other institutional investors have also modified their holdings of JMST. Asio Capital LLC acquired a new position in shares of JPMorgan Ultra-Short Municipal ETF in the fourth quarter worth about $16,121,000. CWM LLC lifted its stake in shares of JPMorgan Ultra-Short Municipal ETF by 75.7% in the fourth quarter. CWM LLC now owns 667,926 shares of the company’s stock worth $33,891,000 after acquiring an additional 287,684 shares in the last quarter. LPL Financial LLC lifted its stake in shares of JPMorgan Ultra-Short Municipal ETF by 20.6% in the third quarter. LPL Financial LLC now owns 1,562,506 shares of the company’s stock worth $78,828,000 after acquiring an additional 266,857 shares in the last quarter. Boothe Investment Group Inc. lifted its stake in shares of JPMorgan Ultra-Short Municipal ETF by 256.2% in the third quarter. Boothe Investment Group Inc. now owns 281,834 shares of the company’s stock worth $14,219,000 after acquiring an additional 202,710 shares in the last quarter. Finally, Cerity Partners LLC lifted its stake in shares of JPMorgan Ultra-Short Municipal ETF by 39.8% in the fourth quarter. Cerity Partners LLC now owns 664,597 shares of the company’s stock worth $33,766,000 after acquiring an additional 189,351 shares in the last quarter.

JPMorgan Ultra-Short Municipal ETF Stock Performance

Shares of BATS JMST opened at $50.61 on Friday. The company’s 50-day moving average price is $50.68 and its 200 day moving average price is $50.67.

JPMorgan Ultra-Short Municipal ETF Cuts Dividend

The company also recently disclosed a dividend, which was paid on Thursday, April 4th. Shareholders of record on Tuesday, April 2nd were paid a dividend of $0.1399 per share. The ex-dividend date was Monday, April 1st.

JPMorgan Ultra-Short Municipal ETF 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.