One Capital Management LLC Decreases Position in JPMorgan Ultra-Short Municipal ETF (BATS:JMST)

One Capital Management LLC trimmed its stake in shares of JPMorgan Ultra-Short Municipal ETF (BATS:JMST) by 28.6% in the 4th quarter, according to its most recent disclosure with the Securities & Exchange Commission. The fund owned 33,050 shares of the company’s stock after selling 13,233 shares during the period. One Capital Management LLC’s holdings in JPMorgan Ultra-Short Municipal ETF were worth $1,676,000 as of its most recent filing with the Securities & Exchange Commission.

Several other hedge funds have also recently made changes to their positions in JMST. Bridgewater Advisors Inc. raised its holdings in shares of JPMorgan Ultra-Short Municipal ETF by 12.0% during the third quarter. Bridgewater Advisors Inc. now owns 500,517 shares of the company’s stock valued at $25,439,000 after purchasing an additional 53,601 shares during the last quarter. Woodmont Investment Counsel LLC raised its holdings in shares of JPMorgan Ultra-Short Municipal ETF by 25.4% during the third quarter. Woodmont Investment Counsel LLC now owns 20,054 shares of the company’s stock valued at $1,022,000 after purchasing an additional 4,056 shares during the last quarter. Presidio Capital Management LLC raised its holdings in shares of JPMorgan Ultra-Short Municipal ETF by 9.8% during the third quarter. Presidio Capital Management LLC now owns 12,926 shares of the company’s stock valued at $658,000 after purchasing an additional 1,159 shares during the last quarter. Philip James Wealth Mangement LLC raised its holdings in shares of JPMorgan Ultra-Short Municipal ETF by 282.3% during the third quarter. Philip James Wealth Mangement LLC now owns 27,160 shares of the company’s stock valued at $1,384,000 after purchasing an additional 20,056 shares during the last quarter. Finally, SFG Wealth Management LLC. purchased a new position in shares of JPMorgan Ultra-Short Municipal ETF during the third quarter valued at approximately $973,000.

JPMorgan Ultra-Short Municipal ETF Price Performance

JMST opened at $50.80 on Friday. The firm’s fifty day moving average is $50.81 and its 200 day moving average is $50.82.

JPMorgan Ultra-Short Municipal ETF Increases Dividend

The firm also recently announced a dividend, which was paid on Wednesday, March 5th. Shareholders of record on Monday, March 3rd were issued a dividend of $0.1277 per share. This is a boost from JPMorgan Ultra-Short Municipal ETF’s previous dividend of $0.12. The ex-dividend date was Monday, March 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.