11,187 Shares in JPMorgan Ultra-Short Municipal ETF (BATS:JMST) Purchased by RWA Wealth Partners LLC

RWA Wealth Partners LLC bought a new stake in JPMorgan Ultra-Short Municipal ETF (BATS:JMST) during the fourth quarter, according to its most recent 13F filing with the SEC. The institutional investor bought 11,187 shares of the company’s stock, valued at approximately $568,000.

A number of other institutional investors and hedge funds also recently added to or reduced their stakes in the company. CWM LLC increased its position in JPMorgan Ultra-Short Municipal ETF by 75.7% during the 4th quarter. CWM LLC now owns 667,926 shares of the company’s stock worth $33,891,000 after purchasing an additional 287,684 shares in the last quarter. Capital Management Corp VA increased its position in JPMorgan Ultra-Short Municipal ETF by 10.5% during the 4th quarter. Capital Management Corp VA now owns 90,306 shares of the company’s stock worth $4,582,000 after purchasing an additional 8,590 shares in the last quarter. Pathway Financial Advisors LLC acquired a new stake in JPMorgan Ultra-Short Municipal ETF during the 4th quarter worth approximately $210,000. J.W. Cole Advisors Inc. increased its position in JPMorgan Ultra-Short Municipal ETF by 16.0% during the 4th quarter. J.W. Cole Advisors Inc. now owns 5,987 shares of the company’s stock worth $304,000 after purchasing an additional 824 shares in the last quarter. Finally, Paladin Advisory Group LLC increased its position in JPMorgan Ultra-Short Municipal ETF by 20.8% during the 4th quarter. Paladin Advisory Group LLC now owns 30,444 shares of the company’s stock worth $1,545,000 after purchasing an additional 5,252 shares in the last quarter.

JPMorgan Ultra-Short Municipal ETF Price Performance

JMST opened at $50.67 on Friday. The business’s 50-day simple moving average is $50.69 and its 200 day simple moving average is $50.66.

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 given a $0.1399 dividend. The ex-dividend date was Monday, April 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.