Wealthcare Advisory Partners LLC Has $4.31 Million Stake in JPMorgan Ultra-Short Municipal ETF $JMST

Wealthcare Advisory Partners LLC reduced its holdings in JPMorgan Ultra-Short Municipal ETF (BATS:JMST) by 27.3% in the 3rd quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The institutional investor owned 84,433 shares of the company’s stock after selling 31,721 shares during the quarter. Wealthcare Advisory Partners LLC owned 0.11% of JPMorgan Ultra-Short Municipal ETF worth $4,309,000 at the end of the most recent reporting period.

Other hedge funds also recently modified their holdings of the company. Intergy Private Wealth LLC grew its position in shares of JPMorgan Ultra-Short Municipal ETF by 1.6% in the 3rd quarter. Intergy Private Wealth LLC now owns 16,223 shares of the company’s stock valued at $828,000 after purchasing an additional 260 shares during the period. McCarthy & Cox raised its holdings 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 worth $476,000 after buying an additional 276 shares during the period. Summit Wealth Partners LLC lifted its stake in JPMorgan Ultra-Short Municipal ETF by 0.9% in the third quarter. Summit Wealth Partners LLC now owns 36,374 shares of the company’s stock valued at $1,857,000 after buying an additional 329 shares in the last quarter. Cary Street Partners Investment Advisory LLC boosted its holdings in shares of JPMorgan Ultra-Short Municipal ETF by 1.0% in the second quarter. Cary Street Partners Investment Advisory LLC now owns 34,970 shares of the company’s stock valued at $1,781,000 after buying an additional 360 shares during the period. Finally, Creative Financial Designs Inc. ADV increased its position in shares of JPMorgan Ultra-Short Municipal ETF by 414.0% during the second quarter. Creative Financial Designs Inc. ADV now owns 514 shares of the company’s stock worth $26,000 after acquiring an additional 414 shares in the last quarter.

JPMorgan Ultra-Short Municipal ETF Stock Performance

Shares of BATS:JMST opened at $51.09 on Wednesday. JPMorgan Ultra-Short Municipal ETF has a 12 month low of $50.42 and a 12 month high of $51.13. The company’s fifty day simple moving average is $51.03 and its 200 day simple moving average is $50.99.

JPMorgan Ultra-Short Municipal ETF Cuts Dividend

The company also recently declared a monthly dividend, which was paid on Wednesday, February 4th. Shareholders of record on Monday, February 2nd were paid a $0.097 dividend. The ex-dividend date of this dividend was Monday, February 2nd. This represents a c) annualized dividend and a dividend yield of 2.3%.

JPMorgan Ultra-Short Municipal ETF Company 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.