Middleton & Co. Inc. MA Sells 2,000 Shares of JPMorgan Ultra-Short Municipal ETF (BATS:JMST)

Middleton & Co. Inc. MA cut its holdings in JPMorgan Ultra-Short Municipal ETF (BATS:JMST) by 26.0% in the 3rd quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The firm owned 5,700 shares of the company’s stock after selling 2,000 shares during the period. Middleton & Co. Inc. MA’s holdings in JPMorgan Ultra-Short Municipal ETF were worth $290,000 as of its most recent SEC filing.

Several other institutional investors and hedge funds have also bought and sold shares of JMST. Park Avenue Securities LLC lifted its stake in JPMorgan Ultra-Short Municipal ETF by 25.8% in the 1st quarter. Park Avenue Securities LLC now owns 7,322 shares of the company’s stock worth $372,000 after purchasing an additional 1,503 shares in the last quarter. Webster Bank N. A. lifted its stake in JPMorgan Ultra-Short Municipal ETF by 4.4% in the 1st quarter. Webster Bank N. A. now owns 11,816 shares of the company’s stock worth $600,000 after purchasing an additional 500 shares in the last quarter. Kathleen S. Wright Associates Inc. lifted its stake in JPMorgan Ultra-Short Municipal ETF by 1.9% in the 1st quarter. Kathleen S. Wright Associates Inc. now owns 36,743 shares of the company’s stock worth $1,864,000 after purchasing an additional 682 shares in the last quarter. Narus Financial Partners LLC lifted its stake in JPMorgan Ultra-Short Municipal ETF by 7.1% in the 1st quarter. Narus Financial Partners LLC now owns 57,312 shares of the company’s stock worth $2,908,000 after purchasing an additional 3,777 shares in the last quarter. Finally, CAP Partners LLC purchased a new stake in JPMorgan Ultra-Short Municipal ETF in the 1st quarter worth approximately $245,000.

JPMorgan Ultra-Short Municipal ETF Stock Performance

JPMorgan Ultra-Short Municipal ETF stock opened at $50.81 on Friday. The firm’s fifty day moving average is $50.86 and its two-hundred day moving average is $50.76.

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 issued 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 of this dividend 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.