Tranquility Partners LLC Grows Stock Holdings in JPMorgan Ultra-Short Municipal ETF (BATS:JMST)

Tranquility Partners LLC grew its stake in shares of JPMorgan Ultra-Short Municipal ETF (BATS:JMST) by 146.8% in the 4th quarter, Holdings Channel reports. The institutional investor owned 20,049 shares of the company’s stock after buying an additional 11,926 shares during the quarter. Tranquility Partners LLC’s holdings in JPMorgan Ultra-Short Municipal ETF were worth $1,017,000 at the end of the most recent quarter.

Several other institutional investors also recently made changes to their positions in the stock. Allen Capital Group LLC purchased a new stake in shares of JPMorgan Ultra-Short Municipal ETF during the 4th quarter valued at $957,000. Macroview Investment Management LLC purchased a new stake in shares of JPMorgan Ultra-Short Municipal ETF during the 4th quarter valued at $30,000. West Paces Advisors Inc. lifted its holdings in shares of JPMorgan Ultra-Short Municipal ETF by 16.4% during the 4th quarter. West Paces Advisors Inc. now owns 3,510 shares of the company’s stock valued at $178,000 after acquiring an additional 495 shares in the last quarter. Eagle Bluffs Wealth Management LLC acquired a new position in shares of JPMorgan Ultra-Short Municipal ETF during the 4th quarter valued at $679,000. Finally, Beverly Hills Private Wealth LLC acquired a new position in shares of JPMorgan Ultra-Short Municipal ETF during the 4th quarter valued at $368,000.

JPMorgan Ultra-Short Municipal ETF Trading Up 0.0 %

Shares of BATS:JMST traded up $0.02 during midday trading on Wednesday, hitting $50.65. 208,009 shares of the company’s stock traded hands. The firm has a fifty day moving average price of $50.69 and a two-hundred day moving average price of $50.64.

JPMorgan Ultra-Short Municipal ETF Cuts Dividend

The firm also recently announced a dividend, which was paid on Thursday, April 4th. Investors of record on Tuesday, April 2nd were issued a dividend of $0.1399 per share. The ex-dividend date 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.