Naviter Wealth LLC Sells 26,240 Shares of JPMorgan Ultra-Short Municipal ETF (BATS:JMST)

Naviter Wealth LLC lowered its holdings in JPMorgan Ultra-Short Municipal ETF (BATS:JMST) by 85.2% during the first quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The firm owned 4,550 shares of the company’s stock after selling 26,240 shares during the quarter. Naviter Wealth LLC’s holdings in JPMorgan Ultra-Short Municipal ETF were worth $231,000 at the end of the most recent quarter.

Other large investors have also recently bought and sold shares of the company. Fiduciary Trust Co lifted its holdings in shares of JPMorgan Ultra-Short Municipal ETF by 18.9% during the 4th quarter. Fiduciary Trust Co now owns 1,456,283 shares of the company’s stock valued at $73,892,000 after purchasing an additional 231,636 shares in the last quarter. Wells Fargo & Company MN grew its position in JPMorgan Ultra-Short Municipal ETF by 21.5% during the fourth quarter. Wells Fargo & Company MN now owns 963,543 shares of the company’s stock worth $48,890,000 after buying an additional 170,642 shares in the last quarter. UBS Group AG raised its stake in JPMorgan Ultra-Short Municipal ETF by 14.0% in the fourth quarter. UBS Group AG now owns 778,850 shares of the company’s stock valued at $39,519,000 after purchasing an additional 95,378 shares in the last quarter. Resonant Capital Advisors LLC boosted its holdings in shares of JPMorgan Ultra-Short Municipal ETF by 3.6% in the 4th quarter. Resonant Capital Advisors LLC now owns 678,912 shares of the company’s stock valued at $34,542,000 after purchasing an additional 23,850 shares in the last quarter. Finally, CWM LLC grew its position in JPMorgan Ultra-Short Municipal ETF by 75.7% in the fourth quarter. CWM LLC now owns 667,926 shares of the company’s stock valued at $33,891,000 after acquiring an additional 287,684 shares during the last quarter.

JPMorgan Ultra-Short Municipal ETF Stock Up 0.0 %

Shares of BATS:JMST traded up $0.01 during mid-day trading on Tuesday, hitting $50.62. The company had a trading volume of 274,415 shares. The company has a 50 day moving average of $50.67 and a two-hundred day moving average of $50.70.

JPMorgan Ultra-Short Municipal ETF Cuts Dividend

The company also recently declared a dividend, which will be paid on Wednesday, July 3rd. Stockholders of record on Monday, July 1st will be paid a dividend of $0.1405 per share. The ex-dividend date is Monday, July 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.