Klingman & Associates LLC Sells 3,394 Shares of JPMorgan Ultra-Short Municipal ETF (BATS:JMST)

Klingman & Associates LLC reduced its position in shares of JPMorgan Ultra-Short Municipal ETF (BATS:JMST) by 8.9% during the third quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The institutional investor owned 34,723 shares of the company’s stock after selling 3,394 shares during the period. Klingman & Associates LLC owned 0.07% of JPMorgan Ultra-Short Municipal ETF worth $1,769,000 at the end of the most recent quarter.

Other large investors also recently made changes to their positions in the company. Chris Bulman Inc bought a new stake in JPMorgan Ultra-Short Municipal ETF in the second quarter worth about $35,000. Financial Perspectives Inc purchased a new stake in JPMorgan Ultra-Short Municipal ETF in the second quarter worth $40,000. Larson Financial Group LLC bought a new stake in shares of JPMorgan Ultra-Short Municipal ETF in the second quarter valued at $50,000. International Assets Investment Management LLC purchased a new position in shares of JPMorgan Ultra-Short Municipal ETF during the 2nd quarter valued at $82,000. Finally, Key Financial Inc grew its stake in shares of JPMorgan Ultra-Short Municipal ETF by 65.6% during the 3rd quarter. Key Financial Inc now owns 2,116 shares of the company’s stock worth $108,000 after acquiring an additional 838 shares during the period.

JPMorgan Ultra-Short Municipal ETF Price Performance

JMST opened at $50.77 on Friday. The stock has a fifty day simple moving average of $50.83 and a 200-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. Investors 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 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.