Captrust Financial Advisors Sells 22,617 Shares of JPMorgan Ultra-Short Municipal ETF (BATS:JMST)

Captrust Financial Advisors lowered its position in JPMorgan Ultra-Short Municipal ETF (BATS:JMST) by 6.2% during the 1st quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The institutional investor owned 344,896 shares of the company’s stock after selling 22,617 shares during the quarter. Captrust Financial Advisors’ holdings in JPMorgan Ultra-Short Municipal ETF were worth $17,500,000 as of its most recent SEC filing.

Several other hedge funds and other institutional investors also recently bought and sold shares of JMST. Principle Wealth Partners LLC grew its stake in JPMorgan Ultra-Short Municipal ETF by 3,612.4% in the fourth quarter. Principle Wealth Partners LLC now owns 364,597 shares of the company’s stock worth $18,500,000 after purchasing an additional 354,776 shares in the last quarter. CWM LLC grew its stake in JPMorgan Ultra-Short Municipal ETF by 75.7% in the fourth quarter. CWM LLC now owns 667,926 shares of the company’s stock worth $33,891,000 after purchasing an additional 287,684 shares in the last quarter. Fiduciary Trust Co grew its stake in JPMorgan Ultra-Short Municipal ETF by 18.9% in the fourth quarter. Fiduciary Trust Co now owns 1,456,283 shares of the company’s stock worth $73,892,000 after purchasing an additional 231,636 shares in the last quarter. Cerity Partners LLC grew its stake in JPMorgan Ultra-Short Municipal ETF by 39.8% in the fourth quarter. Cerity Partners LLC now owns 664,597 shares of the company’s stock worth $33,766,000 after purchasing an additional 189,351 shares in the last quarter. Finally, Bridgewater Advisors Inc. grew its stake in JPMorgan Ultra-Short Municipal ETF by 40.4% in the fourth quarter. Bridgewater Advisors Inc. now owns 635,844 shares of the company’s stock worth $32,263,000 after purchasing an additional 183,110 shares in the last quarter.

JPMorgan Ultra-Short Municipal ETF Trading Up 0.0 %

Shares of BATS:JMST opened at $50.86 on Wednesday. The business has a 50-day moving average price of $50.71 and a 200 day moving average price of $50.70.

JPMorgan Ultra-Short Municipal ETF Cuts Dividend

The business also recently announced a dividend, which was paid on Wednesday, July 3rd. Shareholders of record on Monday, July 1st were given a dividend of $0.1405 per share. The ex-dividend date was Monday, July 1st.

JPMorgan Ultra-Short Municipal ETF Company 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.