Webster Bank N. A. Has $600,000 Position in JPMorgan Ultra-Short Municipal ETF (BATS:JMST)

Webster Bank N. A. boosted its holdings in shares of JPMorgan Ultra-Short Municipal ETF (BATS:JMST) by 4.4% during the first quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The fund owned 11,816 shares of the company’s stock after acquiring an additional 500 shares during the quarter. Webster Bank N. A.’s holdings in JPMorgan Ultra-Short Municipal ETF were worth $600,000 at the end of the most recent quarter.

Several other institutional investors and hedge funds have also recently added to or reduced their stakes in JMST. Macroview Investment Management LLC acquired a new position in JPMorgan Ultra-Short Municipal ETF in the fourth quarter valued at $30,000. GAMMA Investing LLC acquired a new position in shares of JPMorgan Ultra-Short Municipal ETF in the 1st quarter valued at about $50,000. Cooksen Wealth LLC bought a new stake in shares of JPMorgan Ultra-Short Municipal ETF during the 4th quarter valued at about $51,000. CVA Family Office LLC acquired a new stake in JPMorgan Ultra-Short Municipal ETF during the fourth quarter worth approximately $75,000. Finally, West Paces Advisors Inc. increased its holdings in JPMorgan Ultra-Short Municipal ETF by 16.4% in the fourth quarter. West Paces Advisors Inc. now owns 3,510 shares of the company’s stock worth $178,000 after purchasing an additional 495 shares in the last quarter.

JPMorgan Ultra-Short Municipal ETF Trading Down 0.0 %

JPMorgan Ultra-Short Municipal ETF stock opened at $50.75 on Friday. The stock’s 50-day simple moving average is $50.67 and its 200 day simple moving average is $50.70.

JPMorgan Ultra-Short Municipal ETF Cuts Dividend

The business also recently announced a dividend, which will be paid on Wednesday, July 3rd. Investors of record on Monday, July 1st will be paid a dividend of $0.1405 per share. The ex-dividend date is Monday, July 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.