JPMorgan Ultra-Short Municipal ETF (BATS:JMST) Shares Purchased by Bank of New York Mellon Corp

Bank of New York Mellon Corp lifted its holdings in JPMorgan Ultra-Short Municipal ETF (BATS:JMST) by 14.6% in the fourth quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The institutional investor owned 712,875 shares of the company’s stock after purchasing an additional 90,863 shares during the quarter. Bank of New York Mellon Corp owned about 1.38% of JPMorgan Ultra-Short Municipal ETF worth $36,150,000 as of its most recent SEC filing.

A number of other institutional investors have also recently made changes to their positions in the business. River Street Advisors LLC acquired a new stake in JPMorgan Ultra-Short Municipal ETF during the 3rd quarter worth about $30,000. Legacy Investment Solutions LLC acquired a new stake in JPMorgan Ultra-Short Municipal ETF during the 3rd quarter worth about $60,000. MidAtlantic Capital Management Inc. acquired a new stake in JPMorgan Ultra-Short Municipal ETF during the 3rd quarter worth about $80,000. Blue Trust Inc. acquired a new stake in JPMorgan Ultra-Short Municipal ETF during the 4th quarter worth about $82,000. Finally, Bank of Jackson Hole Trust acquired a new stake in JPMorgan Ultra-Short Municipal ETF during the 4th quarter worth about $99,000.

JPMorgan Ultra-Short Municipal ETF Stock Up 0.1 %

BATS JMST opened at $50.81 on Friday. The company’s fifty day moving average is $50.81 and its 200-day moving average is $50.82.

JPMorgan Ultra-Short Municipal ETF Increases Dividend

The company also recently announced a dividend, which was paid on Wednesday, March 5th. Investors of record on Monday, March 3rd were paid a dividend of $0.1277 per share. This is a positive change from JPMorgan Ultra-Short Municipal ETF’s previous dividend of $0.12. The ex-dividend date of this dividend was Monday, March 3rd.

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.