NewSquare Capital LLC Sells 418 Shares of JPMorgan Ultra-Short Municipal ETF (BATS:JMST)

NewSquare Capital LLC lowered its holdings in shares of JPMorgan Ultra-Short Municipal ETF (BATS:JMST) by 1.3% during the 4th quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 31,040 shares of the company’s stock after selling 418 shares during the period. NewSquare Capital LLC’s holdings in JPMorgan Ultra-Short Municipal ETF were worth $1,575,000 at the end of the most recent reporting period.

Several other hedge funds and other institutional investors have also recently made changes to their positions in JMST. RFG Advisory LLC bought a new position in shares of JPMorgan Ultra-Short Municipal ETF in the third quarter worth approximately $379,000. DAVENPORT & Co LLC raised its holdings in shares of JPMorgan Ultra-Short Municipal ETF by 17.4% during the third quarter. DAVENPORT & Co LLC now owns 7,611 shares of the company’s stock valued at $384,000 after purchasing an additional 1,130 shares during the last quarter. Meridian Wealth Management LLC raised its holdings in shares of JPMorgan Ultra-Short Municipal ETF by 57.0% during the third quarter. Meridian Wealth Management LLC now owns 11,644 shares of the company’s stock valued at $587,000 after purchasing an additional 4,227 shares during the last quarter. Private Trust Co. NA raised its holdings in shares of JPMorgan Ultra-Short Municipal ETF by 29.0% during the third quarter. Private Trust Co. NA now owns 19,010 shares of the company’s stock valued at $959,000 after purchasing an additional 4,270 shares during the last quarter. Finally, Opal Wealth Advisors LLC purchased a new position in shares of JPMorgan Ultra-Short Municipal ETF during the third quarter valued at approximately $5,572,000.

JPMorgan Ultra-Short Municipal ETF Stock Up 0.0 %

Shares of JMST traded up $0.01 during mid-day trading on Wednesday, hitting $50.67. 305,647 shares of the company traded hands. The business has a 50-day moving average price of $50.69 and a 200-day moving average price of $50.66.

JPMorgan Ultra-Short Municipal ETF Cuts Dividend

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

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.