Keybank National Association OH Raises Stock Position in JPMorgan Ultra-Short Municipal ETF (BATS:JMST)

Keybank National Association OH raised its stake in shares of JPMorgan Ultra-Short Municipal ETF (BATS:JMST) by 117.4% in the fourth quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission (SEC). The fund owned 123,044 shares of the company’s stock after acquiring an additional 66,453 shares during the period. Keybank National Association OH’s holdings in JPMorgan Ultra-Short Municipal ETF were worth $6,240,000 as of its most recent SEC filing.

Other institutional investors have also made changes to their positions in the company. River Street Advisors LLC acquired a new stake in shares of JPMorgan Ultra-Short Municipal ETF during the third quarter valued at about $30,000. Legacy Investment Solutions LLC acquired a new stake in shares of JPMorgan Ultra-Short Municipal ETF during the third quarter valued at about $60,000. MidAtlantic Capital Management Inc. acquired a new stake in shares of JPMorgan Ultra-Short Municipal ETF during the third quarter valued at about $80,000. Blue Trust Inc. acquired a new position in shares of JPMorgan Ultra-Short Municipal ETF in the fourth quarter valued at approximately $82,000. Finally, Bank of Jackson Hole Trust acquired a new position in shares of JPMorgan Ultra-Short Municipal ETF in the fourth quarter valued at approximately $99,000.

JPMorgan Ultra-Short Municipal ETF Stock Up 0.1 %

Shares of JMST stock opened at $50.80 on Thursday. The company has a fifty day simple moving average of $50.81 and a 200 day simple moving average of $50.82.

JPMorgan Ultra-Short Municipal ETF Increases Dividend

The firm also recently disclosed a dividend, which was paid on Wednesday, March 5th. Investors of record on Monday, March 3rd were issued a $0.1277 dividend. The ex-dividend date was Monday, March 3rd. This is a boost from JPMorgan Ultra-Short Municipal ETF’s previous dividend of $0.12.

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.