Woodmont Investment Counsel LLC Sells 34,553 Shares of JPMorgan Ultra-Short Municipal ETF $JMST

Woodmont Investment Counsel LLC lessened its stake in shares of JPMorgan Ultra-Short Municipal ETF (BATS:JMST) by 76.3% during the 3rd quarter, according to its most recent filing with the Securities and Exchange Commission. The institutional investor owned 10,731 shares of the company’s stock after selling 34,553 shares during the quarter. Woodmont Investment Counsel LLC’s holdings in JPMorgan Ultra-Short Municipal ETF were worth $548,000 at the end of the most recent reporting period.

Other hedge funds and other institutional investors also recently bought and sold shares of the company. AQR Capital Management LLC lifted its holdings in shares of JPMorgan Ultra-Short Municipal ETF by 48.3% during the first quarter. AQR Capital Management LLC now owns 14,012 shares of the company’s stock worth $713,000 after purchasing an additional 4,561 shares during the period. Janney Montgomery Scott LLC boosted its holdings in JPMorgan Ultra-Short Municipal ETF by 158.8% during the second quarter. Janney Montgomery Scott LLC now owns 13,479 shares of the company’s stock worth $686,000 after buying an additional 8,270 shares in the last quarter. Truist Financial Corp increased its stake in shares of JPMorgan Ultra-Short Municipal ETF by 12.5% in the 2nd quarter. Truist Financial Corp now owns 83,167 shares of the company’s stock valued at $4,235,000 after purchasing an additional 9,224 shares in the last quarter. Ameritas Advisory Services LLC purchased a new stake in shares of JPMorgan Ultra-Short Municipal ETF in the second quarter valued at approximately $106,000. Finally, Wealthcare Advisory Partners LLC raised its position in JPMorgan Ultra-Short Municipal ETF by 83.9% during the second quarter. Wealthcare Advisory Partners LLC now owns 116,154 shares of the company’s stock worth $5,915,000 after acquiring an additional 52,996 shares during the period.

JPMorgan Ultra-Short Municipal ETF Stock Up 0.5%

Shares of JMST opened at $51.02 on Tuesday. The firm’s fifty day moving average is $50.99 and its two-hundred day moving average is $50.98. JPMorgan Ultra-Short Municipal ETF has a 52-week low of $50.42 and a 52-week high of $50.98.

JPMorgan Ultra-Short Municipal ETF Cuts Dividend

The business also recently announced a monthly dividend, which will be paid on Wednesday, February 4th. Investors of record on Monday, February 2nd will be paid a dividend of $0.097 per share. This represents a c) annualized dividend and a yield of 2.3%. The ex-dividend date of this dividend is Monday, February 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.