JPMorgan Ultra-Short Municipal ETF (BATS:JMST) Shares Sold by Boston Family Office LLC

Boston Family Office LLC reduced its stake in shares of JPMorgan Ultra-Short Municipal ETF (BATS:JMST) by 7.2% during the 3rd quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The firm owned 8,989 shares of the company’s stock after selling 700 shares during the quarter. Boston Family Office LLC’s holdings in JPMorgan Ultra-Short Municipal ETF were worth $458,000 as of its most recent filing with the Securities and Exchange Commission.

Other institutional investors and hedge funds also recently added to or reduced their stakes in the company. LPL Financial LLC lifted its holdings in shares of JPMorgan Ultra-Short Municipal ETF by 9.5% in the third quarter. LPL Financial LLC now owns 1,925,693 shares of the company’s stock valued at $98,095,000 after purchasing an additional 167,861 shares in the last quarter. Northwestern Mutual Wealth Management Co. lifted its holdings in shares of JPMorgan Ultra-Short Municipal ETF by 4.0% in the second quarter. Northwestern Mutual Wealth Management Co. now owns 1,744,345 shares of the company’s stock valued at $88,517,000 after purchasing an additional 67,868 shares in the last quarter. Resonant Capital Advisors LLC lifted its holdings in shares of JPMorgan Ultra-Short Municipal ETF by 28.8% in the third quarter. Resonant Capital Advisors LLC now owns 1,150,249 shares of the company’s stock valued at $58,594,000 after purchasing an additional 257,415 shares in the last quarter. Salomon & Ludwin LLC lifted its holdings in shares of JPMorgan Ultra-Short Municipal ETF by 438.4% in the third quarter. Salomon & Ludwin LLC now owns 1,019,611 shares of the company’s stock valued at $51,939,000 after purchasing an additional 830,218 shares in the last quarter. Finally, FSM Wealth Advisors LLC lifted its holdings in shares of JPMorgan Ultra-Short Municipal ETF by 676.0% in the third quarter. FSM Wealth Advisors LLC now owns 593,698 shares of the company’s stock valued at $30,243,000 after purchasing an additional 517,187 shares in the last quarter.

JPMorgan Ultra-Short Municipal ETF Stock Performance

Shares of BATS JMST opened at $50.85 on Tuesday. The firm has a 50-day simple moving average of $50.82 and a 200-day simple moving average of $50.78.

JPMorgan Ultra-Short Municipal ETF Increases Dividend

The firm also recently declared a dividend, which was paid on Thursday, September 5th. Shareholders of record on Tuesday, September 3rd were issued a $0.1451 dividend. The ex-dividend date of this dividend 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.