WCG Wealth Advisors LLC Cuts Stock Position in JPMorgan Ultra-Short Municipal ETF $JMST

WCG Wealth Advisors LLC decreased its holdings in shares of JPMorgan Ultra-Short Municipal ETF (BATS:JMST) by 22.9% during the 3rd quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The institutional investor owned 136,078 shares of the company’s stock after selling 40,384 shares during the quarter. WCG Wealth Advisors LLC’s holdings in JPMorgan Ultra-Short Municipal ETF were worth $6,945,000 as of its most recent filing with the Securities and Exchange Commission.

A number of other institutional investors have also recently added to or reduced their stakes in JMST. Sage Financial Group Inc. raised its position in JPMorgan Ultra-Short Municipal ETF by 15.5% in the third quarter. Sage Financial Group Inc. now owns 23,076 shares of the company’s stock valued at $1,178,000 after purchasing an additional 3,099 shares during the period. Boulder Wealth Advisors LLC purchased a new stake in shares of JPMorgan Ultra-Short Municipal ETF in the third quarter worth about $8,133,000. SFG Wealth Management LLC. acquired a new stake in shares of JPMorgan Ultra-Short Municipal ETF in the third quarter valued at about $1,300,000. Vise Technologies Inc. grew its stake in shares of JPMorgan Ultra-Short Municipal ETF by 30.8% in the third quarter. Vise Technologies Inc. now owns 6,438 shares of the company’s stock valued at $329,000 after buying an additional 1,516 shares in the last quarter. Finally, Saiph Capital LLC purchased a new stake in shares of JPMorgan Ultra-Short Municipal ETF during the 3rd quarter valued at about $230,000.

JPMorgan Ultra-Short Municipal ETF Price Performance

JPMorgan Ultra-Short Municipal ETF stock opened at $51.02 on Friday. The stock’s 50 day moving average price is $51.06 and its 200 day moving average price is $51.00. JPMorgan Ultra-Short Municipal ETF has a one year low of $50.42 and a one year high of $51.13.

JPMorgan Ultra-Short Municipal ETF Increases Dividend

The company also recently disclosed a monthly dividend, which was paid on Wednesday, March 4th. Stockholders of record on Monday, March 2nd were paid a dividend of $0.1157 per share. This is an increase from JPMorgan Ultra-Short Municipal ETF’s previous monthly dividend of $0.10. This represents a c) dividend on an annualized basis and a dividend yield of 2.7%. The ex-dividend date was Monday, March 2nd.

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.