Walkner Condon Financial Advisors LLC Sells 2,865 Shares of JPMorgan Ultra-Short Municipal ETF (BATS:JMST)

Walkner Condon Financial Advisors LLC cut its stake in JPMorgan Ultra-Short Municipal ETF (BATS:JMST) by 15.7% during the 3rd quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The firm owned 15,404 shares of the company’s stock after selling 2,865 shares during the quarter. Walkner Condon Financial Advisors LLC’s holdings in JPMorgan Ultra-Short Municipal ETF were worth $785,000 as of its most recent SEC filing.

A number of other hedge funds also recently modified their holdings of the stock. NorthRock Partners LLC boosted its stake in JPMorgan Ultra-Short Municipal ETF by 2,344.8% in the 3rd quarter. NorthRock Partners LLC now owns 150,480 shares of the company’s stock valued at $7,665,000 after purchasing an additional 144,325 shares during the period. United Advisor Group LLC grew its stake in shares of JPMorgan Ultra-Short Municipal ETF by 14.9% in the third quarter. United Advisor Group LLC now owns 19,846 shares of the company’s stock valued at $1,011,000 after acquiring an additional 2,579 shares in the last quarter. FSM Wealth Advisors LLC boosted its holdings in JPMorgan Ultra-Short Municipal ETF by 676.0% in the 3rd quarter. FSM Wealth Advisors LLC now owns 593,698 shares of the company’s stock valued at $30,243,000 after purchasing an additional 517,187 shares during the period. Legacy CG LLC increased its holdings in shares of JPMorgan Ultra-Short Municipal ETF by 6.2% during the third quarter. Legacy CG LLC now owns 95,035 shares of the company’s stock worth $4,841,000 after purchasing an additional 5,574 shares during the period. Finally, Harbour Investment Management LLC raised its position in shares of JPMorgan Ultra-Short Municipal ETF by 86.9% in the third quarter. Harbour Investment Management LLC now owns 32,470 shares of the company’s stock valued at $1,654,000 after buying an additional 15,100 shares in the last quarter.

JPMorgan Ultra-Short Municipal ETF Price Performance

Shares of JMST stock opened at $50.64 on Thursday. The company has a 50-day moving average of $50.84 and a 200 day moving average of $50.77.

JPMorgan Ultra-Short Municipal ETF Increases Dividend

The business also recently announced 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 positive change from JPMorgan Ultra-Short Municipal ETF’s previous dividend of $0.14. The ex-dividend date was Tuesday, September 3rd.

About JPMorgan Ultra-Short Municipal ETF

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.