Crossmark Global Holdings Inc. Has $712,000 Stock Position in JPMorgan Ultra-Short Municipal ETF $JMST

Crossmark Global Holdings Inc. lowered its position in JPMorgan Ultra-Short Municipal ETF (BATS:JMST) by 51.0% during the 3rd quarter, according to the company in its most recent Form 13F filing with the SEC. The institutional investor owned 13,960 shares of the company’s stock after selling 14,543 shares during the period. Crossmark Global Holdings Inc.’s holdings in JPMorgan Ultra-Short Municipal ETF were worth $712,000 as of its most recent SEC filing.

A number of other hedge funds have also recently added to or reduced their stakes in the company. AQR Capital Management LLC lifted its holdings in shares of JPMorgan Ultra-Short Municipal ETF by 48.3% in the 1st quarter. AQR Capital Management LLC now owns 14,012 shares of the company’s stock worth $713,000 after purchasing an additional 4,561 shares in the last quarter. Bank of New York Mellon Corp increased its stake in JPMorgan Ultra-Short Municipal ETF by 12.7% during the 2nd quarter. Bank of New York Mellon Corp now owns 809,121 shares of the company’s stock valued at $41,200,000 after purchasing an additional 90,987 shares in the last quarter. Atlantic Union Bankshares Corp bought a new stake in JPMorgan Ultra-Short Municipal ETF during the 2nd quarter valued at $42,000. PFG Advisors raised its holdings in JPMorgan Ultra-Short Municipal ETF by 11.8% during the second quarter. PFG Advisors now owns 8,808 shares of the company’s stock worth $448,000 after buying an additional 929 shares during the last quarter. Finally, Cahill Financial Advisors Inc. bought a new position in shares of JPMorgan Ultra-Short Municipal ETF in the second quarter valued at $364,000.

JPMorgan Ultra-Short Municipal ETF Trading Up 0.0%

Shares of BATS JMST opened at $51.02 on Wednesday. The company has a 50-day moving average price of $51.05 and a 200-day moving average price of $51.00. JPMorgan Ultra-Short Municipal ETF has a 1 year low of $50.42 and a 1 year high of $51.13.

JPMorgan Ultra-Short Municipal ETF Increases Dividend

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

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.