Sonata Capital Group Inc. Has $586,000 Holdings in JPMorgan Ultra-Short Municipal ETF (BATS:JMST)

Sonata Capital Group Inc. lifted its holdings in shares of JPMorgan Ultra-Short Municipal ETF (BATS:JMST) by 10.8% in the 4th quarter, Holdings Channel reports. The institutional investor owned 11,547 shares of the company’s stock after acquiring an additional 1,125 shares during the period. Sonata Capital Group Inc.’s holdings in JPMorgan Ultra-Short Municipal ETF were worth $586,000 at the end of the most recent quarter.

Other institutional investors and hedge funds have also modified their holdings of the company. River Street Advisors LLC bought a new stake in shares of JPMorgan Ultra-Short Municipal ETF in the 3rd quarter valued at about $30,000. Legacy Investment Solutions LLC acquired a new position in JPMorgan Ultra-Short Municipal ETF during the third quarter valued at approximately $60,000. MidAtlantic Capital Management Inc. bought a new stake in JPMorgan Ultra-Short Municipal ETF in the third quarter valued at approximately $80,000. Key Financial Inc raised its holdings in JPMorgan Ultra-Short Municipal ETF by 65.6% in the third quarter. Key Financial Inc now owns 2,116 shares of the company’s stock worth $108,000 after purchasing an additional 838 shares during the period. Finally, Continuum Advisory LLC acquired a new stake in JPMorgan Ultra-Short Municipal ETF in the third quarter worth $217,000.

JPMorgan Ultra-Short Municipal ETF Price Performance

Shares of JMST stock opened at $50.82 on Wednesday. The company has a 50-day moving average price of $50.79 and a two-hundred day moving average price of $50.82.

JPMorgan Ultra-Short Municipal ETF Cuts Dividend

The firm also recently declared a dividend, which was paid on Wednesday, February 5th. Shareholders of record on Monday, February 3rd were issued a $0.1208 dividend. The ex-dividend date of this dividend was Monday, February 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.