Hills Bank & Trust Co Buys Shares of 3,574 JPMorgan Ultra-Short Municipal ETF (BATS:JMST)

Hills Bank & Trust Co bought a new stake in shares of JPMorgan Ultra-Short Municipal ETF (BATS:JMSTFree Report) in the fourth quarter, Holdings Channel reports. The fund bought 3,574 shares of the company’s stock, valued at approximately $181,000.

Other institutional investors and hedge funds have also made changes to their positions in the company. River Street Advisors LLC bought a new position in shares of JPMorgan Ultra-Short Municipal ETF during the third quarter valued at approximately $30,000. Assetmark Inc. increased its position in shares of JPMorgan Ultra-Short Municipal ETF by 591.3% during the fourth quarter. Assetmark Inc. now owns 1,106 shares of the company’s stock valued at $56,000 after acquiring an additional 946 shares in the last quarter. Legacy Investment Solutions LLC bought a new stake in shares of JPMorgan Ultra-Short Municipal ETF during the third quarter valued at approximately $60,000. MidAtlantic Capital Management Inc. bought a new stake in shares of JPMorgan Ultra-Short Municipal ETF during the third quarter valued at approximately $80,000. Finally, Blue Trust Inc. bought a new stake in shares of JPMorgan Ultra-Short Municipal ETF during the fourth quarter valued at approximately $82,000.

JPMorgan Ultra-Short Municipal ETF Price Performance

Shares of JMST opened at $50.82 on Friday. The firm has a 50 day moving average of $50.81 and a 200 day moving average of $50.82. JPMorgan Ultra-Short Municipal ETF has a twelve month low of $50.53 and a twelve month high of $50.97.

JPMorgan Ultra-Short Municipal ETF Increases Dividend

The company also recently declared a dividend, which was paid on Wednesday, March 5th. Investors of record on Monday, March 3rd were given a dividend of $0.1277 per share. The ex-dividend date was Monday, March 3rd. This is an increase from JPMorgan Ultra-Short Municipal ETF’s previous dividend of $0.12.

JPMorgan Ultra-Short Municipal ETF Profile

(Free Report)

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.

Further Reading

Want to see what other hedge funds are holding JMST? Visit HoldingsChannel.com to get the latest 13F filings and insider trades for JPMorgan Ultra-Short Municipal ETF (BATS:JMSTFree Report).

Institutional Ownership by Quarter for JPMorgan Ultra-Short Municipal ETF (BATS:JMST)

Receive News & Ratings for JPMorgan Ultra-Short Municipal ETF Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for JPMorgan Ultra-Short Municipal ETF and related companies with MarketBeat.com's FREE daily email newsletter.