International Assets Investment Management LLC Buys Shares of 76,202 JPMorgan Ultra-Short Municipal ETF (BATS:JMST)

International Assets Investment Management LLC bought a new position in JPMorgan Ultra-Short Municipal ETF (BATS:JMST) in the fourth quarter, HoldingsChannel reports. The fund bought 76,202 shares of the company’s stock, valued at approximately $3,866,000.

Several other institutional investors and hedge funds also recently made changes to their positions in JMST. LWM Advisory Services LLC acquired a new stake in JPMorgan Ultra-Short Municipal ETF in the third quarter valued at $38,000. CVA Family Office LLC acquired a new stake in JPMorgan Ultra-Short Municipal ETF during the 4th quarter worth about $75,000. Tyler Stone Wealth Management raised its position in shares of 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 worth $161,000 after acquiring an additional 800 shares in the last quarter. Symphony Financial Ltd. Co. acquired a new position in shares of JPMorgan Ultra-Short Municipal ETF in the 4th quarter valued at about $201,000. Finally, Harbor Group Inc. bought a new stake in shares of JPMorgan Ultra-Short Municipal ETF during the 4th quarter valued at about $201,000.

JPMorgan Ultra-Short Municipal ETF Stock Up 0.1 %

Shares of JMST stock opened at $50.66 on Friday. The business has a fifty day simple moving average of $50.66 and a 200 day simple moving average of $50.67.

JPMorgan Ultra-Short Municipal ETF Cuts Dividend

The business also recently disclosed a dividend, which was paid on Thursday, April 4th. Stockholders of record on Tuesday, April 2nd were paid a $0.1399 dividend. The ex-dividend date 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.