Sunflower Bank N.A. Trims Holdings in JPMorgan Ultra-Short Municipal ETF $JMST

Sunflower Bank N.A. reduced its position in shares of JPMorgan Ultra-Short Municipal ETF (BATS:JMST) by 88.9% during the 4th quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The fund owned 23,018 shares of the company’s stock after selling 183,553 shares during the period. Sunflower Bank N.A.’s holdings in JPMorgan Ultra-Short Municipal ETF were worth $1,173,000 at the end of the most recent quarter.

Other institutional investors have also modified their holdings of the company. Rice Partnership LLC purchased a new position in shares of JPMorgan Ultra-Short Municipal ETF during the third quarter valued at approximately $43,000. Financial Network Wealth Advisors LLC grew its stake in JPMorgan Ultra-Short Municipal ETF by 2,202.2% in the 3rd quarter. Financial Network Wealth Advisors LLC now owns 1,059 shares of the company’s stock worth $54,000 after acquiring an additional 1,013 shares during the period. US Bancorp DE grew its stake in JPMorgan Ultra-Short Municipal ETF by 130.6% in the 3rd quarter. US Bancorp DE now owns 1,153 shares of the company’s stock worth $59,000 after acquiring an additional 653 shares during the period. Park Place Capital Corp raised its holdings in JPMorgan Ultra-Short Municipal ETF by 118.3% in the 4th quarter. Park Place Capital Corp now owns 1,757 shares of the company’s stock valued at $90,000 after acquiring an additional 952 shares during the last quarter. Finally, Triumph Capital Management acquired a new position in JPMorgan Ultra-Short Municipal ETF in the 3rd quarter valued at $96,000.

JPMorgan Ultra-Short Municipal ETF Price Performance

Shares of JPMorgan Ultra-Short Municipal ETF stock opened at $50.98 on Tuesday. JPMorgan Ultra-Short Municipal ETF has a fifty-two week low of $50.42 and a fifty-two week high of $51.13. The business’s fifty day moving average is $51.06 and its two-hundred day moving average is $51.00.

JPMorgan Ultra-Short Municipal ETF Increases Dividend

The firm also recently announced a monthly dividend, which was paid on Wednesday, March 4th. Investors of record on Monday, March 2nd were given a dividend of $0.1157 per share. This represents a c) annualized dividend and a yield of 2.7%. This is a boost from JPMorgan Ultra-Short Municipal ETF’s previous monthly dividend of $0.10. The ex-dividend date was Monday, March 2nd.

JPMorgan Ultra-Short Municipal ETF Company 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.