Vertex Planning Partners LLC Decreases Stake in JPMorgan Ultra-Short Municipal ETF (BATS:JMST)

Vertex Planning Partners LLC lessened its stake in JPMorgan Ultra-Short Municipal ETF (BATS:JMST) by 2.6% in the fourth quarter, according to its most recent 13F filing with the Securities & Exchange Commission. The institutional investor owned 48,525 shares of the company’s stock after selling 1,316 shares during the quarter. Vertex Planning Partners LLC owned 0.09% of JPMorgan Ultra-Short Municipal ETF worth $2,461,000 at the end of the most recent quarter.

Other large investors have also made changes to their positions in the company. Howe & Rusling Inc. acquired a new stake in JPMorgan Ultra-Short Municipal ETF in the 4th quarter valued at about $33,000. JPMorgan Chase & Co. raised its holdings in shares of JPMorgan Ultra-Short Municipal ETF by 5.6% in the fourth quarter. JPMorgan Chase & Co. now owns 912,989 shares of the company’s stock worth $46,298,000 after acquiring an additional 48,049 shares during the last quarter. Tyler Stone Wealth Management raised its stake in JPMorgan Ultra-Short Municipal ETF by 18.9% in the 4th quarter. Tyler Stone Wealth Management now owns 13,338 shares of the company’s stock valued at $676,000 after purchasing an additional 2,120 shares during the last quarter. Ariadne Wealth Management LP purchased a new position in JPMorgan Ultra-Short Municipal ETF in the 4th quarter valued at about $2,020,000. Finally, Ashton Thomas Securities LLC lifted its holdings in JPMorgan Ultra-Short Municipal ETF by 13.1% in the 4th quarter. Ashton Thomas Securities LLC now owns 27,269 shares of the company’s stock valued at $1,383,000 after purchasing an additional 3,154 shares in the last quarter.

JPMorgan Ultra-Short Municipal ETF Trading Up 0.1 %

Shares of BATS JMST opened at $50.82 on Friday. The company has a 50-day simple moving average of $50.83 and a 200-day simple moving average of $50.81. JPMorgan Ultra-Short Municipal ETF has a 12 month low of $50.53 and a 12 month high of $50.98.

JPMorgan Ultra-Short Municipal ETF Increases Dividend

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