IAM Advisory LLC Has $442,000 Stake in JPMorgan Ultra-Short Municipal ETF (BATS:JMST)

IAM Advisory LLC trimmed its position in shares of JPMorgan Ultra-Short Municipal ETF (BATS:JMST) by 51.6% in the first quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The firm owned 8,707 shares of the company’s stock after selling 9,276 shares during the period. IAM Advisory LLC’s holdings in JPMorgan Ultra-Short Municipal ETF were worth $442,000 as of its most recent SEC filing.

Several other hedge funds and other institutional investors also recently made changes to their positions in the business. Macroview Investment Management LLC acquired a new stake in JPMorgan Ultra-Short Municipal ETF in the 4th quarter worth $30,000. GAMMA Investing LLC bought a new position in JPMorgan Ultra-Short Municipal ETF during the first quarter valued at about $50,000. Cooksen Wealth LLC acquired a new position in JPMorgan Ultra-Short Municipal ETF in the 4th quarter valued at approximately $51,000. CVA Family Office LLC bought a new stake in shares of JPMorgan Ultra-Short Municipal ETF in the 4th quarter worth approximately $75,000. Finally, Tyler Stone Wealth Management grew its holdings in shares of JPMorgan Ultra-Short Municipal ETF by 33.3% during the 3rd quarter. Tyler Stone Wealth Management now owns 3,200 shares of the company’s stock worth $161,000 after purchasing an additional 800 shares in the last quarter.

JPMorgan Ultra-Short Municipal ETF Trading Down 0.0 %

Shares of JMST traded down $0.02 on Wednesday, reaching $50.73. 318,992 shares of the stock traded hands. The stock’s 50 day moving average is $50.67 and its 200-day moving average is $50.70.

JPMorgan Ultra-Short Municipal ETF Increases Dividend

The firm also recently disclosed a dividend, which was paid on Wednesday, June 5th. Stockholders of record on Monday, June 3rd were paid a $0.1445 dividend. This is a boost from JPMorgan Ultra-Short Municipal ETF’s previous dividend of $0.14. The ex-dividend date of this dividend was Monday, June 3rd.

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.