Ritter Daniher Financial Advisory LLC DE Sells 10,300 Shares of JPMorgan Ultra-Short Municipal ETF (BATS:JMST)

Ritter Daniher Financial Advisory LLC DE lessened its position in JPMorgan Ultra-Short Municipal ETF (BATS:JMST) by 55.6% during the third quarter, Holdings Channel reports. The fund owned 8,235 shares of the company’s stock after selling 10,300 shares during the period. Ritter Daniher Financial Advisory LLC DE’s holdings in JPMorgan Ultra-Short Municipal ETF were worth $419,000 at the end of the most recent reporting period.

A number of other large investors have also added to or reduced their stakes in JMST. River Street Advisors LLC purchased a new position in shares of JPMorgan Ultra-Short Municipal ETF in the 3rd quarter worth about $30,000. Chris Bulman Inc bought a new stake in JPMorgan Ultra-Short Municipal ETF in the 2nd quarter worth approximately $35,000. Financial Perspectives Inc purchased a new stake in JPMorgan Ultra-Short Municipal ETF in the second quarter worth approximately $40,000. Larson Financial Group LLC bought a new position in JPMorgan Ultra-Short Municipal ETF during the second quarter valued at approximately $50,000. Finally, International Assets Investment Management LLC purchased a new position in shares of JPMorgan Ultra-Short Municipal ETF during the second quarter worth approximately $82,000.

JPMorgan Ultra-Short Municipal ETF Price Performance

Shares of JPMorgan Ultra-Short Municipal ETF stock opened at $50.82 on Friday. The firm has a 50-day simple moving average of $50.82 and a two-hundred day simple moving average of $50.77.

JPMorgan Ultra-Short Municipal ETF Increases Dividend

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