Nwam LLC Sells 1,822 Shares of JPMorgan Ultra-Short Municipal ETF (BATS:JMST)

Nwam LLC lowered its position in shares of JPMorgan Ultra-Short Municipal ETF (BATS:JMST) by 13.5% during the fourth quarter, Holdings Channel.com reports. The firm owned 11,711 shares of the company’s stock after selling 1,822 shares during the quarter. Nwam LLC’s holdings in JPMorgan Ultra-Short Municipal ETF were worth $594,000 as of its most recent filing with the Securities and Exchange Commission.

A number of other large investors also recently made changes to their positions in JMST. River Street Advisors LLC bought a new position in shares of JPMorgan Ultra-Short Municipal ETF during the third quarter worth approximately $30,000. Legacy Investment Solutions LLC bought a new position in shares of JPMorgan Ultra-Short Municipal ETF during the third quarter worth approximately $60,000. MidAtlantic Capital Management Inc. bought a new position in shares of JPMorgan Ultra-Short Municipal ETF during the third quarter worth approximately $80,000. Blue Trust Inc. bought a new position in shares of JPMorgan Ultra-Short Municipal ETF during the fourth quarter worth approximately $82,000. Finally, Bank of Jackson Hole Trust bought a new position in shares of JPMorgan Ultra-Short Municipal ETF during the fourth quarter worth approximately $99,000.

JPMorgan Ultra-Short Municipal ETF Stock Performance

Shares of BATS JMST opened at $50.92 on Friday. The business’s fifty day moving average price is $50.81 and its 200 day moving average price is $50.82.

JPMorgan Ultra-Short Municipal ETF Cuts Dividend

The business also recently disclosed a dividend, which was paid on Wednesday, February 5th. Shareholders of record on Monday, February 3rd were paid a dividend of $0.1208 per share. The ex-dividend date 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.