Aptus Capital Advisors LLC Decreases Stake in JPMorgan Ultra-Short Municipal ETF $JMST

Aptus Capital Advisors LLC lessened its holdings in shares of JPMorgan Ultra-Short Municipal ETF (BATS:JMST) by 14.9% in the third quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The institutional investor owned 130,305 shares of the company’s stock after selling 22,769 shares during the quarter. Aptus Capital Advisors LLC owned 0.16% of JPMorgan Ultra-Short Municipal ETF worth $6,651,000 at the end of the most recent quarter.

Other hedge funds and other institutional investors also recently bought and sold shares of the company. Dakota Wealth Management boosted its stake in shares of JPMorgan Ultra-Short Municipal ETF by 1.5% during the 3rd quarter. Dakota Wealth Management now owns 13,815 shares of the company’s stock valued at $705,000 after buying an additional 200 shares during the last quarter. Intergy Private Wealth LLC increased its stake in shares of JPMorgan Ultra-Short Municipal ETF by 1.6% in the third quarter. Intergy Private Wealth LLC now owns 16,223 shares of the company’s stock worth $828,000 after buying an additional 260 shares during the last quarter. Total Clarity Wealth Management Inc. raised its holdings in JPMorgan Ultra-Short Municipal ETF by 3.7% in the third quarter. Total Clarity Wealth Management Inc. now owns 7,335 shares of the company’s stock valued at $374,000 after acquiring an additional 264 shares in the last quarter. IFG Advisory LLC raised its holdings in JPMorgan Ultra-Short Municipal ETF by 3.0% in the third quarter. IFG Advisory LLC now owns 9,152 shares of the company’s stock valued at $467,000 after acquiring an additional 267 shares in the last quarter. Finally, McCarthy & Cox boosted its stake in JPMorgan Ultra-Short Municipal ETF by 3.1% during the 3rd quarter. McCarthy & Cox now owns 9,320 shares of the company’s stock valued at $476,000 after acquiring an additional 276 shares during the last quarter.

JPMorgan Ultra-Short Municipal ETF Price Performance

Shares of JMST stock opened at $51.02 on Friday. JPMorgan Ultra-Short Municipal ETF has a 1-year low of $50.42 and a 1-year high of $51.13. The firm has a fifty day moving average of $51.05 and a two-hundred day moving average of $51.00.

JPMorgan Ultra-Short Municipal ETF Increases Dividend

The firm also recently declared a monthly dividend, which was paid on Wednesday, March 4th. Stockholders of record on Monday, March 2nd were issued a dividend of $0.1157 per share. This represents a c) dividend on an annualized basis and a dividend yield of 2.7%. This is a boost from JPMorgan Ultra-Short Municipal ETF’s previous monthly dividend of $0.10. The ex-dividend date was Monday, March 2nd.

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.