Orion Portfolio Solutions LLC Has $7.25 Million Stake in JPMorgan Ultra-Short Municipal ETF (BATS:JMST)

Orion Portfolio Solutions LLC cut its holdings in JPMorgan Ultra-Short Municipal ETF (BATS:JMST) by 6.1% during the fourth quarter, according to the company in its most recent Form 13F filing with the SEC. The fund owned 142,893 shares of the company’s stock after selling 9,216 shares during the quarter. Orion Portfolio Solutions LLC owned about 0.28% of JPMorgan Ultra-Short Municipal ETF worth $7,246,000 as of its most recent SEC filing.

A number of other institutional investors have also recently bought and sold shares of JMST. Howe & Rusling Inc. acquired a new stake in shares of JPMorgan Ultra-Short Municipal ETF in the 4th quarter valued at approximately $33,000. Assetmark Inc. boosted 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 worth $56,000 after purchasing an additional 946 shares in the last quarter. Legacy Investment Solutions LLC acquired a new position in shares of JPMorgan Ultra-Short Municipal ETF in the 3rd quarter valued at $60,000. Blue Trust Inc. bought a new stake in shares of JPMorgan Ultra-Short Municipal ETF in the 4th quarter valued at $82,000. Finally, Bank of Jackson Hole Trust acquired a new stake in JPMorgan Ultra-Short Municipal ETF during the 4th quarter worth $99,000.

JPMorgan Ultra-Short Municipal ETF Trading Up 0.1 %

JMST stock opened at $50.82 on Friday. JPMorgan Ultra-Short Municipal ETF has a 1-year low of $50.53 and a 1-year high of $50.98. The business’s 50-day moving average price is $50.83 and its two-hundred day moving average price is $50.81.

JPMorgan Ultra-Short Municipal ETF Increases Dividend

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

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.