NewSquare Capital LLC Sells 1,138 Shares of JPMorgan Ultra-Short Municipal ETF (BATS:JMST)

NewSquare Capital LLC reduced its holdings in JPMorgan Ultra-Short Municipal ETF (BATS:JMST) by 4.9% during the 4th quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The firm owned 22,286 shares of the company’s stock after selling 1,138 shares during the period. NewSquare Capital LLC’s holdings in JPMorgan Ultra-Short Municipal ETF were worth $1,130,000 as of its most recent SEC filing.

Other large investors also recently modified their holdings of the company. Farther Finance Advisors LLC increased its position in JPMorgan Ultra-Short Municipal ETF by 3,340.1% during the third quarter. Farther Finance Advisors LLC now owns 15,790 shares of the company’s stock worth $804,000 after acquiring an additional 15,331 shares during the period. Legacy CG LLC grew its position in JPMorgan Ultra-Short Municipal ETF by 6.2% in the 3rd 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 last quarter. FSM Wealth Advisors LLC increased its holdings in shares of JPMorgan Ultra-Short Municipal ETF by 676.0% during the 3rd quarter. FSM Wealth Advisors LLC now owns 593,698 shares of the company’s stock worth $30,243,000 after purchasing an additional 517,187 shares during the period. United Advisor Group LLC raised its position in shares of JPMorgan Ultra-Short Municipal ETF by 14.9% during the third quarter. United Advisor Group LLC now owns 19,846 shares of the company’s stock valued at $1,011,000 after buying an additional 2,579 shares during the last quarter. Finally, NorthRock Partners LLC lifted its stake in shares of 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 buying an additional 144,325 shares during the period.

JPMorgan Ultra-Short Municipal ETF Stock Performance

JMST stock opened at $50.81 on Wednesday. The business’s fifty day moving average price is $50.81 and its 200-day moving average price is $50.82.

JPMorgan Ultra-Short Municipal ETF Increases Dividend

The company also recently disclosed a dividend, which will be paid on Wednesday, March 5th. Stockholders of record on Monday, March 3rd will be issued a dividend of $0.1277 per share. The ex-dividend date is Monday, March 3rd. This is a positive change from JPMorgan Ultra-Short Municipal ETF’s previous dividend of $0.12.

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.