Galvin Gaustad & Stein LLC Reduces Stock Position in JPMorgan Ultra-Short Municipal ETF (BATS:JMST)

Galvin Gaustad & Stein LLC lessened its holdings in JPMorgan Ultra-Short Municipal ETF (BATS:JMST) by 2.6% during the 4th quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The fund owned 41,023 shares of the company’s stock after selling 1,084 shares during the quarter. Galvin Gaustad & Stein LLC’s holdings in JPMorgan Ultra-Short Municipal ETF were worth $2,080,000 at the end of the most recent quarter.

Several other large investors have also recently bought and sold shares of JMST. Blair William & Co. IL increased its holdings in JPMorgan Ultra-Short Municipal ETF by 147.4% in the second quarter. Blair William & Co. IL now owns 9,031 shares of the company’s stock valued at $458,000 after buying an additional 5,381 shares during the last quarter. Benjamin F. Edwards & Company Inc. grew its holdings in shares of JPMorgan Ultra-Short Municipal ETF by 10.2% during the second quarter. Benjamin F. Edwards & Company Inc. now owns 9,084 shares of the company’s stock worth $461,000 after buying an additional 844 shares during the last quarter. Thrivent Financial for Lutherans grew its holdings in shares of JPMorgan Ultra-Short Municipal ETF by 72.9% during the second quarter. Thrivent Financial for Lutherans now owns 375,221 shares of the company’s stock worth $19,041,000 after buying an additional 158,170 shares during the last quarter. Daymark Wealth Partners LLC lifted its position in shares of JPMorgan Ultra-Short Municipal ETF by 29.4% during the 2nd quarter. Daymark Wealth Partners LLC now owns 30,976 shares of the company’s stock valued at $1,572,000 after acquiring an additional 7,031 shares during the period. Finally, Core Wealth Advisors Inc. lifted its position in shares of JPMorgan Ultra-Short Municipal ETF by 2.7% during the 2nd quarter. Core Wealth Advisors Inc. now owns 53,804 shares of the company’s stock valued at $2,730,000 after acquiring an additional 1,435 shares during the period.

JPMorgan Ultra-Short Municipal ETF Price Performance

JMST stock opened at $50.83 on Thursday. The firm’s 50-day moving average is $50.79 and its 200 day moving average is $50.81.

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.