JPMorgan Ultra-Short Municipal ETF (BATS:JMST) Shares Sold by Truist Financial Corp

Truist Financial Corp lessened its stake in JPMorgan Ultra-Short Municipal ETF (BATS:JMST) by 9.6% in the 2nd quarter, according to its most recent filing with the SEC. The fund owned 82,264 shares of the company’s stock after selling 8,713 shares during the period. Truist Financial Corp owned about 0.16% of JPMorgan Ultra-Short Municipal ETF worth $4,174,000 at the end of the most recent quarter.

Other institutional investors and hedge funds also recently added to or reduced their stakes in the company. Harbor Group Inc. raised its holdings in shares of JPMorgan Ultra-Short Municipal ETF by 27.7% in the 1st quarter. Harbor Group Inc. now owns 5,062 shares of the company’s stock valued at $257,000 after buying an additional 1,097 shares during the period. Raymond James & Associates increased its stake in JPMorgan Ultra-Short Municipal ETF by 3.3% during the second quarter. Raymond James & Associates now owns 187,169 shares of the company’s stock worth $9,498,000 after purchasing an additional 6,055 shares during the period. Aletheian Wealth Advisors LLC acquired a new stake in shares of JPMorgan Ultra-Short Municipal ETF during the first quarter worth about $204,000. Harbour Investments Inc. boosted its stake in shares of JPMorgan Ultra-Short Municipal ETF by 2.2% in the second quarter. Harbour Investments Inc. now owns 10,955 shares of the company’s stock valued at $556,000 after purchasing an additional 238 shares during the period. Finally, GAMMA Investing LLC acquired a new position in shares of JPMorgan Ultra-Short Municipal ETF in the first quarter valued at approximately $50,000.

JPMorgan Ultra-Short Municipal ETF Trading Down 0.0 %

Shares of JMST opened at $50.79 on Wednesday. The business’s fifty day simple moving average is $50.87 and its 200 day simple moving average is $50.75.

JPMorgan Ultra-Short Municipal ETF Increases Dividend

The business also recently announced a dividend, which was paid on Thursday, September 5th. Investors of record on Tuesday, September 3rd were issued a $0.1451 dividend. The ex-dividend date of this dividend was Tuesday, September 3rd. This is a positive change from JPMorgan Ultra-Short Municipal ETF’s previous dividend of $0.14.

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.