JPMorgan Ultra-Short Municipal ETF (BATS:JMST) Shares Sold by Collective Family Office LLC

Collective Family Office LLC lessened its position in JPMorgan Ultra-Short Municipal ETF (BATS:JMST) by 33.7% in the 3rd quarter, Holdings Channel reports. The fund owned 25,629 shares of the company’s stock after selling 13,031 shares during the period. Collective Family Office LLC’s holdings in JPMorgan Ultra-Short Municipal ETF were worth $1,306,000 as of its most recent filing with the SEC.

Several other hedge funds and other institutional investors have also made changes to their positions in the company. Harbor Group Inc. raised its position in JPMorgan Ultra-Short Municipal ETF by 27.7% in the first quarter. Harbor Group Inc. now owns 5,062 shares of the company’s stock worth $257,000 after acquiring an additional 1,097 shares in the last quarter. Cambridge Investment Research Advisors Inc. increased its holdings in shares of JPMorgan Ultra-Short Municipal ETF by 43.4% in the 1st quarter. Cambridge Investment Research Advisors Inc. now owns 92,986 shares of the company’s stock valued at $4,718,000 after purchasing an additional 28,132 shares in the last quarter. Raymond James & Associates lifted its stake in shares of JPMorgan Ultra-Short Municipal ETF by 3.3% in the second quarter. Raymond James & Associates now owns 187,169 shares of the company’s stock valued at $9,498,000 after purchasing an additional 6,055 shares during the period. Aletheian Wealth Advisors LLC purchased a new stake in JPMorgan Ultra-Short Municipal ETF during the first quarter worth about $204,000. Finally, Harbour Investments Inc. grew its position in JPMorgan Ultra-Short Municipal ETF by 2.2% during the second quarter. Harbour Investments Inc. now owns 10,955 shares of the company’s stock worth $556,000 after buying an additional 238 shares during the period.

JPMorgan Ultra-Short Municipal ETF Stock Performance

Shares of JMST remained flat at $50.81 on Friday. The company had a trading volume of 343,371 shares. The firm’s fifty day moving average is $50.87 and its two-hundred day moving average is $50.75.

JPMorgan Ultra-Short Municipal ETF Increases Dividend

The business also recently disclosed a dividend, which was paid on Thursday, September 5th. Investors of record on Tuesday, September 3rd were paid a dividend of $0.1451 per share. The ex-dividend date of this dividend was Tuesday, September 3rd. This is a positive change from JPMorgan Ultra-Short Municipal ETF’s previous dividend of $0.14.

About JPMorgan Ultra-Short Municipal ETF

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.