JPMorgan Ultra-Short Municipal ETF (BATS:JMST) Shares Sold by Mission Wealth Management LP

Mission Wealth Management LP lessened its position in JPMorgan Ultra-Short Municipal ETF (BATS:JMST) by 9.0% in the first quarter, HoldingsChannel.com reports. The institutional investor owned 8,907 shares of the company’s stock after selling 882 shares during the period. Mission Wealth Management LP’s holdings in JPMorgan Ultra-Short Municipal ETF were worth $452,000 at the end of the most recent quarter.

A number of other institutional investors have also modified their holdings of the company. YHB Investment Advisors Inc. raised its stake in shares of JPMorgan Ultra-Short Municipal ETF by 0.5% in the 1st quarter. YHB Investment Advisors Inc. now owns 42,196 shares of the company’s stock valued at $2,141,000 after acquiring an additional 206 shares during the period. Baystate Wealth Management LLC grew its holdings in JPMorgan Ultra-Short Municipal ETF by 0.6% during the 4th quarter. Baystate Wealth Management LLC now owns 47,410 shares of the company’s stock valued at $2,406,000 after purchasing an additional 269 shares in the last quarter. IAM Advisory LLC grew its holdings in JPMorgan Ultra-Short Municipal ETF by 1.7% during the 4th quarter. IAM Advisory LLC now owns 17,983 shares of the company’s stock valued at $912,000 after purchasing an additional 298 shares in the last quarter. West Paces Advisors Inc. grew its holdings in JPMorgan Ultra-Short Municipal ETF by 16.4% during the 4th quarter. West Paces Advisors Inc. now owns 3,510 shares of the company’s stock valued at $178,000 after purchasing an additional 495 shares in the last quarter. Finally, Webster Bank N. A. grew its holdings in JPMorgan Ultra-Short Municipal ETF by 4.4% during the 1st quarter. Webster Bank N. A. now owns 11,816 shares of the company’s stock valued at $600,000 after purchasing an additional 500 shares in the last quarter.

JPMorgan Ultra-Short Municipal ETF Trading Up 0.1 %

JMST traded up $0.06 during trading hours on Friday, reaching $50.67. 155,796 shares of the stock traded hands. The business’s fifty day moving average price is $50.67 and its two-hundred day moving average price is $50.70.

JPMorgan Ultra-Short Municipal ETF Cuts Dividend

The company also recently declared a dividend, which was paid on Wednesday, July 3rd. Investors of record on Monday, July 1st were issued a dividend of $0.1405 per share. The ex-dividend date of this dividend was Monday, July 1st.

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.