Appleton Partners Inc. MA Trims Stock Position in JPMorgan Ultra-Short Municipal ETF (BATS:JMST)

Appleton Partners Inc. MA trimmed its stake in JPMorgan Ultra-Short Municipal ETF (BATS:JMST) by 19.1% in the 3rd quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The firm owned 130,823 shares of the company’s stock after selling 30,920 shares during the period. Appleton Partners Inc. MA owned 0.25% of JPMorgan Ultra-Short Municipal ETF worth $6,664,000 as of its most recent SEC filing.

A number of other large investors have also recently modified their holdings of the stock. Centaurus Financial Inc. purchased a new position in shares of JPMorgan Ultra-Short Municipal ETF in the 2nd quarter valued at approximately $112,000. Summit Wealth Partners LLC grew its stake in JPMorgan Ultra-Short Municipal ETF by 3.2% in the second quarter. Summit Wealth Partners LLC now owns 12,479 shares of the company’s stock worth $633,000 after purchasing an additional 387 shares during the period. Sanctuary Advisors LLC bought a new position in JPMorgan Ultra-Short Municipal ETF in the second quarter worth $2,031,000. Souders Financial Advisors lifted its position in JPMorgan Ultra-Short Municipal ETF by 18.7% during the second quarter. Souders Financial Advisors now owns 10,737 shares of the company’s stock valued at $545,000 after buying an additional 1,691 shares during the period. Finally, EP Wealth Advisors LLC boosted its holdings in shares of JPMorgan Ultra-Short Municipal ETF by 3.4% during the 2nd quarter. EP Wealth Advisors LLC now owns 85,100 shares of the company’s stock valued at $4,318,000 after buying an additional 2,775 shares in the last quarter.

JPMorgan Ultra-Short Municipal ETF Price Performance

Shares of JPMorgan Ultra-Short Municipal ETF stock opened at $50.79 on Thursday. The stock has a 50-day simple moving average of $50.87 and a 200-day simple moving average of $50.75.

JPMorgan Ultra-Short Municipal ETF Increases Dividend

The firm also recently announced a dividend, which was paid on Thursday, September 5th. Shareholders of record on Tuesday, September 3rd were paid a dividend of $0.1451 per share. This is an increase from JPMorgan Ultra-Short Municipal ETF’s previous dividend of $0.14. The ex-dividend date of this dividend was Tuesday, September 3rd.

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.