JPMorgan Ultra-Short Municipal ETF (BATS:JMST) Shares Acquired by Tranquility Partners LLC

Tranquility Partners LLC lifted its stake in shares of JPMorgan Ultra-Short Municipal ETF (BATS:JMST) by 146.8% during the 4th quarter, according to the company in its most recent filing with the Securities and Exchange Commission (SEC). The fund owned 20,049 shares of the company’s stock after purchasing an additional 11,926 shares during the period. Tranquility Partners LLC’s holdings in JPMorgan Ultra-Short Municipal ETF were worth $1,017,000 as of its most recent SEC filing.

Several other institutional investors and hedge funds have also made changes to their positions in JMST. Moneta Group Investment Advisors LLC purchased a new stake in shares of JPMorgan Ultra-Short Municipal ETF during the 4th quarter valued at approximately $1,023,233,000. CI Private Wealth LLC purchased a new stake in shares of JPMorgan Ultra-Short Municipal ETF during the 4th quarter valued at approximately $32,032,000. Jane Street Group LLC raised its position in shares of JPMorgan Ultra-Short Municipal ETF by 373.4% during the 1st quarter. Jane Street Group LLC now owns 727,926 shares of the company’s stock valued at $36,971,000 after buying an additional 574,170 shares during the period. Cerity Partners LLC raised its position in shares of JPMorgan Ultra-Short Municipal ETF by 137.8% during the 4th quarter. Cerity Partners LLC now owns 765,360 shares of the company’s stock valued at $38,704,000 after buying an additional 443,506 shares during the period. Finally, Slow Capital Inc. raised its position in shares of JPMorgan Ultra-Short Municipal ETF by 173.1% during the 3rd quarter. Slow Capital Inc. now owns 561,014 shares of the company’s stock valued at $28,303,000 after buying an additional 355,573 shares during the period.

JPMorgan Ultra-Short Municipal ETF Stock Performance

Shares of JMST stock traded up $0.02 during trading on Wednesday, hitting $50.65. 208,009 shares of the stock traded hands. The firm’s 50-day moving average price is $50.69 and its two-hundred day moving average price is $50.64.

JPMorgan Ultra-Short Municipal ETF Cuts Dividend

The company also recently declared a dividend, which was paid on Thursday, April 4th. Stockholders of record on Tuesday, April 2nd were given a dividend of $0.1399 per share. The ex-dividend date of this dividend was Monday, April 1st.

JPMorgan Ultra-Short Municipal ETF 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.