Roberts Wealth Advisors LLC Lowers Position in JPMorgan Ultra-Short Municipal ETF (BATS:JMST)

Roberts Wealth Advisors LLC decreased its position in JPMorgan Ultra-Short Municipal ETF (BATS:JMST) by 27.5% during the 1st quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The institutional investor owned 13,090 shares of the company’s stock after selling 4,967 shares during the period. Roberts Wealth Advisors LLC’s holdings in JPMorgan Ultra-Short Municipal ETF were worth $662,000 at the end of the most recent quarter.

Several other hedge funds and other institutional investors have also made changes to their positions in JMST. Stifel Financial Corp boosted its holdings in shares of JPMorgan Ultra-Short Municipal ETF by 1.3% in the third quarter. Stifel Financial Corp now owns 148,782 shares of the company’s stock valued at $7,506,000 after acquiring an additional 1,871 shares in the last quarter. Axxcess Wealth Management LLC lifted its stake in shares of JPMorgan Ultra-Short Municipal ETF by 51.9% in the third quarter. Axxcess Wealth Management LLC now owns 53,708 shares of the company’s stock valued at $2,710,000 after purchasing an additional 18,361 shares during the period. LaSalle St. Investment Advisors LLC acquired a new stake in shares of JPMorgan Ultra-Short Municipal ETF in the third quarter valued at about $291,000. Mercer Global Advisors Inc. ADV lifted its stake in shares of JPMorgan Ultra-Short Municipal ETF by 1.3% in the third quarter. Mercer Global Advisors Inc. ADV now owns 108,715 shares of the company’s stock valued at $5,485,000 after purchasing an additional 1,434 shares during the period. Finally, EP Wealth Advisors LLC lifted its stake in shares of JPMorgan Ultra-Short Municipal ETF by 55.8% in the third quarter. EP Wealth Advisors LLC now owns 94,120 shares of the company’s stock valued at $4,748,000 after purchasing an additional 33,712 shares during the period.

JPMorgan Ultra-Short Municipal ETF Stock Down 0.0 %

Shares of BATS JMST opened at $50.75 on Monday. The company has a 50 day moving average of $50.67 and a 200-day moving average of $50.70.

JPMorgan Ultra-Short Municipal ETF Cuts Dividend

The business also recently disclosed a dividend, which will be paid on Wednesday, July 3rd. Investors of record on Monday, July 1st will be paid a $0.1405 dividend. The ex-dividend date is Monday, July 1st.

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.