JPMorgan Ultra-Short Municipal ETF (BATS:JMST) Stock Holdings Trimmed by Farther Finance Advisors LLC

Farther Finance Advisors LLC lowered its holdings in shares of JPMorgan Ultra-Short Municipal ETF (BATS:JMST) by 28.2% during the 4th quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 11,339 shares of the company’s stock after selling 4,451 shares during the period. Farther Finance Advisors LLC’s holdings in JPMorgan Ultra-Short Municipal ETF were worth $575,000 as of its most recent SEC filing.

Several other hedge funds have also recently added to or reduced their stakes in the business. LPL Financial LLC increased its position in shares of JPMorgan Ultra-Short Municipal ETF by 9.5% during the 3rd quarter. LPL Financial LLC now owns 1,925,693 shares of the company’s stock valued at $98,095,000 after purchasing an additional 167,861 shares during the period. Resonant Capital Advisors LLC increased its position in shares of JPMorgan Ultra-Short Municipal ETF by 1.9% during the 4th quarter. Resonant Capital Advisors LLC now owns 1,171,600 shares of the company’s stock valued at $59,512,000 after purchasing an additional 21,351 shares during the period. Salomon & Ludwin LLC increased its position in shares of JPMorgan Ultra-Short Municipal ETF by 0.8% during the 4th quarter. Salomon & Ludwin LLC now owns 1,027,536 shares of the company’s stock valued at $52,106,000 after purchasing an additional 7,925 shares during the period. JPMorgan Chase & Co. increased its position in shares of JPMorgan Ultra-Short Municipal ETF by 8.9% during the 3rd quarter. JPMorgan Chase & Co. now owns 864,940 shares of the company’s stock valued at $44,060,000 after purchasing an additional 70,821 shares during the period. Finally, Bailard Inc. acquired a new position in shares of JPMorgan Ultra-Short Municipal ETF during the 4th quarter valued at $43,522,000.

JPMorgan Ultra-Short Municipal ETF Trading Up 0.1 %

Shares of 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 $50.97. The business’s fifty day moving average is $50.81 and its 200-day moving average is $50.82.

JPMorgan Ultra-Short Municipal ETF Increases Dividend

The company also recently declared a dividend, which was paid on Wednesday, March 5th. Stockholders of record on Monday, March 3rd were given a dividend of $0.1277 per share. The ex-dividend date of this dividend was Monday, March 3rd. This is a boost from JPMorgan Ultra-Short Municipal ETF’s previous dividend of $0.12.

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.