Auxano Advisors LLC Increases Stock Holdings in JPMorgan Ultra-Short Municipal ETF $JMST

Auxano Advisors LLC increased its holdings in JPMorgan Ultra-Short Municipal ETF (BATS:JMST) by 38.4% in the 3rd quarter, according to the company in its most recent filing with the Securities and Exchange Commission (SEC). The institutional investor owned 292,811 shares of the company’s stock after acquiring an additional 81,277 shares during the quarter. JPMorgan Ultra-Short Municipal ETF comprises about 3.2% of Auxano Advisors LLC’s investment portfolio, making the stock its 9th biggest holding. Auxano Advisors LLC’s holdings in JPMorgan Ultra-Short Municipal ETF were worth $14,945,000 at the end of the most recent quarter.

A number of other large investors also recently bought and sold shares of the business. Envestnet Asset Management Inc. boosted its stake in JPMorgan Ultra-Short Municipal ETF by 7.9% during the third quarter. Envestnet Asset Management Inc. now owns 268,753 shares of the company’s stock worth $13,717,000 after acquiring an additional 19,752 shares in the last quarter. Jones Financial Companies Lllp lifted its holdings in shares of JPMorgan Ultra-Short Municipal ETF by 38.3% during the third quarter. Jones Financial Companies Lllp now owns 252,646 shares of the company’s stock valued at $12,893,000 after purchasing an additional 69,995 shares during the last quarter. Capital Management Corp VA boosted its position in shares of JPMorgan Ultra-Short Municipal ETF by 14.4% in the 3rd quarter. Capital Management Corp VA now owns 91,405 shares of the company’s stock worth $4,665,000 after purchasing an additional 11,492 shares in the last quarter. Mutual Advisors LLC boosted its position in shares of JPMorgan Ultra-Short Municipal ETF by 2.6% in the 3rd quarter. Mutual Advisors LLC now owns 93,686 shares of the company’s stock worth $4,774,000 after purchasing an additional 2,409 shares in the last quarter. Finally, Thrivent Financial for Lutherans grew its stake in shares of JPMorgan Ultra-Short Municipal ETF by 5.8% in the 3rd quarter. Thrivent Financial for Lutherans now owns 395,314 shares of the company’s stock worth $20,177,000 after buying an additional 21,598 shares during the last quarter.

JPMorgan Ultra-Short Municipal ETF Stock Up 0.5%

JMST stock opened at $51.02 on Wednesday. The business has a 50 day moving average of $51.00 and a 200 day moving average of $50.98. JPMorgan Ultra-Short Municipal ETF has a twelve month low of $50.42 and a twelve month high of $50.98.

JPMorgan Ultra-Short Municipal ETF Cuts Dividend

The business also recently declared a monthly dividend, which will be paid on Wednesday, February 4th. Stockholders of record on Monday, February 2nd will be given a $0.097 dividend. This represents a c) annualized dividend and a dividend 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.