Bfsg LLC Trims Stock Holdings in JPMorgan Ultra-Short Municipal ETF (BATS:JMST)

Bfsg LLC lowered its stake in JPMorgan Ultra-Short Municipal ETF (BATS:JMST) by 4.2% during the fourth quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The firm owned 48,370 shares of the company’s stock after selling 2,105 shares during the period. Bfsg LLC’s holdings in JPMorgan Ultra-Short Municipal ETF were worth $2,454,000 at the end of the most recent reporting period.

A number of other institutional investors have also modified their holdings of the stock. Slow Capital Inc. lifted its position in JPMorgan Ultra-Short Municipal ETF by 173.1% during the third quarter. Slow Capital Inc. now owns 561,014 shares of the company’s stock worth $28,303,000 after buying an additional 355,573 shares during the period. Asio Capital LLC acquired a new position in shares of JPMorgan Ultra-Short Municipal ETF in the 4th quarter worth approximately $16,121,000. CWM LLC grew its position in shares of JPMorgan Ultra-Short Municipal ETF by 75.7% in the 4th quarter. CWM LLC now owns 667,926 shares of the company’s stock worth $33,891,000 after acquiring an additional 287,684 shares in the last quarter. LPL Financial LLC boosted its position in JPMorgan Ultra-Short Municipal ETF by 20.6% during the 3rd quarter. LPL Financial LLC now owns 1,562,506 shares of the company’s stock valued at $78,828,000 after purchasing an additional 266,857 shares during the period. Finally, Boothe Investment Group Inc. boosted its position in JPMorgan Ultra-Short Municipal ETF by 256.2% during the 3rd quarter. Boothe Investment Group Inc. now owns 281,834 shares of the company’s stock valued at $14,219,000 after purchasing an additional 202,710 shares during the period.

JPMorgan Ultra-Short Municipal ETF Stock Performance

JMST stock traded down $0.01 during trading on Thursday, reaching $50.66. 346,996 shares of the company’s stock were exchanged. The company has a fifty day simple moving average of $50.69 and a two-hundred day simple moving average of $50.66.

JPMorgan Ultra-Short Municipal ETF Cuts Dividend

The company also recently disclosed a dividend, which was paid on Thursday, April 4th. Stockholders of record on Tuesday, April 2nd were paid a $0.1399 dividend. The ex-dividend date was Monday, April 1st.

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.