JPMorgan Ultra-Short Municipal ETF (BATS:JMST) Shares Sold by Sunburst Financial Group LLC

Sunburst Financial Group LLC decreased its holdings in shares of JPMorgan Ultra-Short Municipal ETF (BATS:JMST) by 7.0% during the third quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The institutional investor owned 85,351 shares of the company’s stock after selling 6,431 shares during the period. JPMorgan Ultra-Short Municipal ETF comprises approximately 1.1% of Sunburst Financial Group LLC’s investment portfolio, making the stock its 18th largest holding. Sunburst Financial Group LLC owned approximately 0.17% of JPMorgan Ultra-Short Municipal ETF worth $4,348,000 as of its most recent SEC filing.

Other hedge funds and other institutional investors also recently added to or reduced their stakes in the company. Private Advisor Group LLC increased its holdings in shares of JPMorgan Ultra-Short Municipal ETF by 1.9% in the 3rd quarter. Private Advisor Group LLC now owns 78,482 shares of the company’s stock valued at $3,998,000 after acquiring an additional 1,434 shares during the last quarter. Raymond James & Associates increased its holdings in shares of JPMorgan Ultra-Short Municipal ETF by 3.3% in the 2nd quarter. Raymond James & Associates now owns 187,169 shares of the company’s stock valued at $9,498,000 after purchasing an additional 6,055 shares in the last quarter. Harbour Investments Inc. grew its position in JPMorgan Ultra-Short Municipal ETF by 2.2% during the second quarter. Harbour Investments Inc. now owns 10,955 shares of the company’s stock worth $556,000 after buying an additional 238 shares during the period. Krilogy Financial LLC purchased a new position in JPMorgan Ultra-Short Municipal ETF in the second quarter valued at about $518,000. Finally, Choreo LLC acquired a new stake in shares of JPMorgan Ultra-Short Municipal ETF in the 2nd quarter worth approximately $225,000.

JPMorgan Ultra-Short Municipal ETF Trading Up 0.0 %

Shares of BATS JMST traded up $0.01 during trading on Wednesday, reaching $50.83. 495,412 shares of the stock were exchanged. The business’s fifty day moving average price is $50.86 and its 200-day moving average price is $50.77.

JPMorgan Ultra-Short Municipal ETF Increases Dividend

The business also recently declared 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. The ex-dividend date of this dividend was Tuesday, September 3rd. This is a boost from JPMorgan Ultra-Short Municipal ETF’s previous dividend of $0.14.

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.