Sunbelt Securities Inc. Sells 246 Shares of JPMorgan Ultra-Short Municipal ETF (BATS:JMST)

Sunbelt Securities Inc. lessened its stake in JPMorgan Ultra-Short Municipal ETF (BATS:JMST) by 2.9% during the 2nd quarter, according to its most recent disclosure with the SEC. The institutional investor owned 8,161 shares of the company’s stock after selling 246 shares during the quarter. Sunbelt Securities Inc.’s holdings in JPMorgan Ultra-Short Municipal ETF were worth $414,000 at the end of the most recent reporting period.

Other hedge funds and other institutional investors have also recently modified their holdings of the company. Chris Bulman Inc bought a new stake in shares of JPMorgan Ultra-Short Municipal ETF in the second quarter worth about $35,000. Financial Perspectives Inc purchased a new stake in JPMorgan Ultra-Short Municipal ETF during the second quarter valued at approximately $40,000. Larson Financial Group LLC bought a new stake in shares of JPMorgan Ultra-Short Municipal ETF in the 2nd quarter valued at approximately $50,000. GAMMA Investing LLC bought a new stake in JPMorgan Ultra-Short Municipal ETF in the first quarter worth $50,000. Finally, Cooksen Wealth LLC purchased a new position in JPMorgan Ultra-Short Municipal ETF during the fourth quarter worth $51,000.

JPMorgan Ultra-Short Municipal ETF Stock Performance

Shares of BATS:JMST opened at $50.82 on Wednesday. The firm’s 50 day moving average price is $50.87 and its 200-day moving average price is $50.75.

JPMorgan Ultra-Short Municipal ETF Increases Dividend

The firm also recently declared a dividend, which was paid on Thursday, September 5th. Stockholders of record on Tuesday, September 3rd were issued a $0.1451 dividend. This is an increase from JPMorgan Ultra-Short Municipal ETF’s previous dividend of $0.14. The ex-dividend date was Tuesday, September 3rd.

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.