JPMorgan Ultra-Short Municipal ETF $JMST Shares Sold by WCG Wealth Advisors LLC

WCG Wealth Advisors LLC reduced its holdings in JPMorgan Ultra-Short Municipal ETF (BATS:JMST) by 22.9% in the 3rd quarter, according to its most recent disclosure with the Securities and Exchange Commission. The fund owned 136,078 shares of the company’s stock after selling 40,384 shares during the quarter. WCG Wealth Advisors LLC owned approximately 0.17% of JPMorgan Ultra-Short Municipal ETF worth $6,945,000 as of its most recent filing with the Securities and Exchange Commission.

Several other large investors have also recently added to or reduced their stakes in the business. Rice Partnership LLC purchased a new stake in JPMorgan Ultra-Short Municipal ETF in the 3rd quarter valued at about $43,000. Financial Network Wealth Advisors LLC increased its stake in shares of JPMorgan Ultra-Short Municipal ETF by 2,202.2% during the 3rd quarter. Financial Network Wealth Advisors LLC now owns 1,059 shares of the company’s stock valued at $54,000 after acquiring an additional 1,013 shares during the last quarter. US Bancorp DE lifted its holdings in shares of JPMorgan Ultra-Short Municipal ETF by 130.6% during the 3rd quarter. US Bancorp DE now owns 1,153 shares of the company’s stock worth $59,000 after acquiring an additional 653 shares during the period. GGM Financials LLC purchased a new position in shares of JPMorgan Ultra-Short Municipal ETF during the 3rd quarter worth about $100,000. Finally, West Paces Advisors Inc. boosted its position in shares of JPMorgan Ultra-Short Municipal ETF by 148.8% in the third quarter. West Paces Advisors Inc. now owns 2,650 shares of the company’s stock worth $135,000 after acquiring an additional 1,585 shares during the last quarter.

JPMorgan Ultra-Short Municipal ETF Price Performance

BATS:JMST opened at $51.02 on Friday. The firm’s 50 day moving average is $51.06 and its two-hundred day moving average is $51.00. JPMorgan Ultra-Short Municipal ETF has a fifty-two week low of $50.42 and a fifty-two week high of $51.13.

JPMorgan Ultra-Short Municipal ETF Increases Dividend

The company also recently disclosed a monthly dividend, which was paid on Wednesday, March 4th. Stockholders of record on Monday, March 2nd were issued a dividend of $0.1157 per share. This represents a c) dividend on an annualized basis and a dividend yield of 2.7%. The ex-dividend date was Monday, March 2nd. This is a positive change from JPMorgan Ultra-Short Municipal ETF’s previous monthly dividend of $0.10.

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.