TD Capital Management LLC Sells 1,370 Shares of JPMorgan Ultra-Short Municipal ETF (BATS:JMST)

TD Capital Management LLC decreased its position in JPMorgan Ultra-Short Municipal ETF (BATS:JMST) by 0.6% during the 4th quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The fund owned 247,170 shares of the company’s stock after selling 1,370 shares during the quarter. JPMorgan Ultra-Short Municipal ETF comprises approximately 1.3% of TD Capital Management LLC’s investment portfolio, making the stock its 20th biggest position. TD Capital Management LLC’s holdings in JPMorgan Ultra-Short Municipal ETF were worth $12,534,000 at the end of the most recent reporting period.

Several other hedge funds have also added to or reduced their stakes in JMST. FSM Wealth Advisors LLC boosted its position in shares of JPMorgan Ultra-Short Municipal ETF by 676.0% in the third quarter. FSM Wealth Advisors LLC now owns 593,698 shares of the company’s stock valued at $30,243,000 after acquiring an additional 517,187 shares during the period. HB Wealth Management LLC raised its stake in JPMorgan Ultra-Short Municipal ETF by 395.8% in the fourth quarter. HB Wealth Management LLC now owns 580,541 shares of the company’s stock valued at $29,439,000 after purchasing an additional 463,452 shares in the last quarter. CWA Asset Management Group LLC acquired a new position in JPMorgan Ultra-Short Municipal ETF in the third quarter valued at about $19,911,000. LPL Financial LLC raised its stake in JPMorgan Ultra-Short Municipal ETF by 9.5% in the third quarter. LPL Financial LLC now owns 1,925,693 shares of the company’s stock valued at $98,095,000 after purchasing an additional 167,861 shares in the last quarter. Finally, NorthRock Partners LLC raised its stake in JPMorgan Ultra-Short Municipal ETF by 2,344.8% in the third 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 in the last quarter.

JPMorgan Ultra-Short Municipal ETF Trading Up 0.2 %

JPMorgan Ultra-Short Municipal ETF stock opened at $50.89 on Friday. The company has a 50-day simple moving average of $50.80 and a 200-day simple moving average of $50.82.

JPMorgan Ultra-Short Municipal ETF Cuts Dividend

The firm also recently announced a dividend, which was paid on Wednesday, February 5th. Shareholders of record on Monday, February 3rd were given a $0.1208 dividend. The ex-dividend date was Monday, February 3rd.

JPMorgan Ultra-Short Municipal ETF Company 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.