JPMorgan Ultra-Short Municipal ETF (BATS:JMST) Shares Sold by Skyline Advisors Inc.

Skyline Advisors Inc. decreased its holdings in JPMorgan Ultra-Short Municipal ETF (BATS:JMST) by 1.4% in the third quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The fund owned 55,239 shares of the company’s stock after selling 792 shares during the period. JPMorgan Ultra-Short Municipal ETF makes up approximately 1.2% of Skyline Advisors Inc.’s investment portfolio, making the stock its 16th largest position. Skyline Advisors Inc. owned about 0.11% of JPMorgan Ultra-Short Municipal ETF worth $2,814,000 as of its most recent SEC filing.

A number of other institutional investors have also bought and sold shares of JMST. Chris Bulman Inc purchased a new position in JPMorgan Ultra-Short Municipal ETF during the second quarter worth approximately $35,000. Financial Perspectives Inc purchased a new stake in shares of JPMorgan Ultra-Short Municipal ETF in the second quarter valued at about $40,000. GAMMA Investing LLC purchased a new position in shares of JPMorgan Ultra-Short Municipal ETF during the 1st quarter worth approximately $50,000. Larson Financial Group LLC purchased a new position in JPMorgan Ultra-Short Municipal ETF in the second quarter worth $50,000. Finally, Cooksen Wealth LLC purchased a new position in shares of JPMorgan Ultra-Short Municipal ETF in the 4th quarter valued at about $51,000.

JPMorgan Ultra-Short Municipal ETF Stock Down 0.0 %

Shares of JMST stock opened at $50.80 on Tuesday. The business’s 50-day moving average price is $50.87 and its two-hundred day moving average price is $50.75.

JPMorgan Ultra-Short Municipal ETF Increases Dividend

The firm also recently disclosed a dividend, which was paid on Thursday, September 5th. Stockholders of record on Tuesday, September 3rd were given a $0.1451 dividend. The ex-dividend date 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.