JPMorgan Ultra-Short Municipal ETF (BATS:JMST) Shares Sold by Alpha Omega Wealth Management LLC

Alpha Omega Wealth Management LLC reduced its stake in JPMorgan Ultra-Short Municipal ETF (BATS:JMST) by 18.3% in the 3rd quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The institutional investor owned 14,083 shares of the company’s stock after selling 3,152 shares during the period. Alpha Omega Wealth Management LLC’s holdings in JPMorgan Ultra-Short Municipal ETF were worth $717,000 at the end of the most recent reporting period.

Several other large investors have also recently added to or reduced their stakes in the stock. IMS Capital Management increased its holdings in JPMorgan Ultra-Short Municipal ETF by 3.9% in the 1st quarter. IMS Capital Management now owns 5,350 shares of the company’s stock valued at $271,000 after purchasing an additional 200 shares in the last quarter. YHB Investment Advisors Inc. increased its holdings in JPMorgan Ultra-Short Municipal ETF by 0.5% in the 1st quarter. YHB Investment Advisors Inc. now owns 42,196 shares of the company’s stock valued at $2,141,000 after purchasing an additional 206 shares in the last quarter. Guardian Asset Advisors LLC increased its holdings in JPMorgan Ultra-Short Municipal ETF by 5.2% in the 2nd quarter. Guardian Asset Advisors LLC now owns 4,452 shares of the company’s stock valued at $226,000 after purchasing an additional 221 shares in the last quarter. Harbour Investments Inc. increased its holdings in JPMorgan Ultra-Short Municipal ETF by 2.2% in the 2nd quarter. Harbour Investments Inc. now owns 10,955 shares of the company’s stock valued at $556,000 after purchasing an additional 238 shares in the last quarter. Finally, HTLF Bank increased its holdings in JPMorgan Ultra-Short Municipal ETF by 3.2% in the 2nd quarter. HTLF Bank now owns 7,909 shares of the company’s stock valued at $401,000 after purchasing an additional 243 shares in the last quarter.

JPMorgan Ultra-Short Municipal ETF Stock Performance

BATS JMST remained flat at $50.81 during trading hours on Friday. The company had a trading volume of 343,371 shares. The company’s 50-day moving average is $50.87 and its two-hundred day moving average is $50.75.

JPMorgan Ultra-Short Municipal ETF Increases Dividend

The firm also recently announced a dividend, which was paid on Thursday, September 5th. Stockholders 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 an increase from JPMorgan Ultra-Short Municipal ETF’s previous dividend of $0.14.

JPMorgan Ultra-Short Municipal ETF 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.