Webster Bank N. A. Lowers Stake in JPMorgan Ultra-Short Municipal ETF (BATS:JMST)

Webster Bank N. A. cut its position in shares of JPMorgan Ultra-Short Municipal ETF (BATS:JMSTFree Report) by 3.4% in the fourth quarter, HoldingsChannel reports. The firm owned 11,316 shares of the company’s stock after selling 400 shares during the period. Webster Bank N. A.’s holdings in JPMorgan Ultra-Short Municipal ETF were worth $574,000 as of its most recent SEC filing.

Other hedge funds and other institutional investors have also made changes to their positions in the company. LWM Advisory Services LLC bought a new stake in JPMorgan Ultra-Short Municipal ETF during the 3rd quarter valued at $38,000. Advisory Services Network LLC raised its holdings in JPMorgan Ultra-Short Municipal ETF by 41.4% in the first quarter. Advisory Services Network LLC now owns 854 shares of the company’s stock worth $43,000 after purchasing an additional 250 shares in the last quarter. CVA Family Office LLC purchased a new stake in shares of JPMorgan Ultra-Short Municipal ETF during the fourth quarter valued at about $75,000. Bessemer Group Inc. bought a new stake in shares of JPMorgan Ultra-Short Municipal ETF in the 4th quarter valued at about $81,000. Finally, AdvisorNet Financial Inc grew its position in shares of JPMorgan Ultra-Short Municipal ETF by 38.1% in the 3rd quarter. AdvisorNet Financial Inc now owns 1,986 shares of the company’s stock worth $100,000 after buying an additional 548 shares during the last quarter.

JPMorgan Ultra-Short Municipal ETF Price Performance

BATS:JMST opened at $50.58 on Wednesday. The company’s 50 day moving average price is $50.72 and its 200 day moving average price is $50.64.

JPMorgan Ultra-Short Municipal ETF Cuts Dividend

The firm also recently disclosed a dividend, which will be paid on Thursday, April 4th. Stockholders of record on Tuesday, April 2nd will be issued a dividend of $0.1399 per share. The ex-dividend date of this dividend is Monday, April 1st.

JPMorgan Ultra-Short Municipal ETF Company Profile

(Free Report)

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.

See Also

Want to see what other hedge funds are holding JMST? Visit HoldingsChannel.com to get the latest 13F filings and insider trades for JPMorgan Ultra-Short Municipal ETF (BATS:JMSTFree Report).

Institutional Ownership by Quarter for JPMorgan Ultra-Short Municipal ETF (BATS:JMST)

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