Wealthcare Advisory Partners LLC Has $4.31 Million Stock Position in JPMorgan Ultra-Short Municipal ETF $JMST

Wealthcare Advisory Partners LLC cut its holdings in JPMorgan Ultra-Short Municipal ETF (BATS:JMST) by 27.3% during the third quarter, according to its most recent disclosure with the Securities & Exchange Commission. The fund owned 84,433 shares of the company’s stock after selling 31,721 shares during the period. Wealthcare Advisory Partners LLC’s holdings in JPMorgan Ultra-Short Municipal ETF were worth $4,309,000 at the end of the most recent quarter.

Other institutional investors have also made changes to their positions in the company. Legacy Investment Solutions LLC acquired a new position in JPMorgan Ultra-Short Municipal ETF during the second quarter worth $26,000. Creative Financial Designs Inc. ADV lifted its position in JPMorgan Ultra-Short Municipal ETF by 414.0% during the 2nd quarter. Creative Financial Designs Inc. ADV now owns 514 shares of the company’s stock worth $26,000 after buying an additional 414 shares in the last quarter. Atlantic Union Bankshares Corp bought a new stake in JPMorgan Ultra-Short Municipal ETF during the 2nd quarter worth about $42,000. Briaud Financial Planning Inc acquired a new position in shares of JPMorgan Ultra-Short Municipal ETF during the 2nd quarter worth about $45,000. Finally, Financial Network Wealth Advisors LLC boosted its stake in shares of JPMorgan Ultra-Short Municipal ETF by 2,202.2% during the 3rd quarter. Financial Network Wealth Advisors LLC now owns 1,059 shares of the company’s stock worth $54,000 after buying an additional 1,013 shares during the last quarter.

JPMorgan Ultra-Short Municipal ETF Stock Down 0.1%

BATS:JMST opened at $51.09 on Wednesday. The stock’s 50-day simple moving average is $51.03 and its 200 day simple moving average is $50.99. JPMorgan Ultra-Short Municipal ETF has a 52-week low of $50.42 and a 52-week high of $51.13.

JPMorgan Ultra-Short Municipal ETF Cuts Dividend

The business also recently declared a monthly dividend, which was paid on Wednesday, February 4th. Shareholders of record on Monday, February 2nd were given a dividend of $0.097 per share. The ex-dividend date of this dividend was Monday, February 2nd. This represents a c) annualized dividend and a dividend yield of 2.3%.

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.