JPMorgan Ultra-Short Municipal ETF (BATS:JMST) Shares Sold by OneDigital Investment Advisors LLC

OneDigital Investment Advisors LLC trimmed its holdings in shares of JPMorgan Ultra-Short Municipal ETF (BATS:JMST) by 10.8% during the 3rd quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The fund owned 8,179 shares of the company’s stock after selling 990 shares during the quarter. OneDigital Investment Advisors LLC’s holdings in JPMorgan Ultra-Short Municipal ETF were worth $417,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

Several other hedge funds also recently added to or reduced their stakes in the business. LPL Financial LLC raised its holdings in shares of JPMorgan Ultra-Short Municipal ETF by 10.9% during the second quarter. LPL Financial LLC now owns 1,757,832 shares of the company’s stock worth $89,201,000 after purchasing an additional 172,347 shares during the last quarter. Northwestern Mutual Wealth Management Co. lifted its holdings in shares of JPMorgan Ultra-Short Municipal ETF by 4.0% in the 2nd quarter. Northwestern Mutual Wealth Management Co. now owns 1,744,345 shares of the company’s stock valued at $88,517,000 after buying an additional 67,868 shares during the period. Resonant Capital Advisors LLC boosted its stake 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 worth $58,594,000 after buying an additional 257,415 shares during the last quarter. Salomon & Ludwin LLC grew its holdings in JPMorgan Ultra-Short Municipal ETF by 438.4% during the third quarter. Salomon & Ludwin LLC now owns 1,019,611 shares of the company’s stock worth $51,939,000 after acquiring an additional 830,218 shares during the period. Finally, FSM Wealth Advisors LLC raised its position in JPMorgan Ultra-Short Municipal ETF by 676.0% during the third quarter. FSM Wealth Advisors LLC now owns 593,698 shares of the company’s stock valued at $30,243,000 after acquiring an additional 517,187 shares in the last quarter.

JPMorgan Ultra-Short Municipal ETF Stock Performance

JMST stock opened at $50.82 on Friday. The firm’s 50 day moving average price is $50.82 and its two-hundred day moving average price is $50.78.

JPMorgan Ultra-Short Municipal ETF Increases Dividend

The company also recently announced a dividend, which was paid on Thursday, September 5th. Shareholders of record on Tuesday, September 3rd were issued a dividend of $0.1451 per share. The ex-dividend date of this dividend was Tuesday, September 3rd. This is a boost 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.