JPMorgan Ultra-Short Municipal ETF (BATS:JMST) Shares Bought by Sanctuary Advisors LLC

Sanctuary Advisors LLC increased its stake in JPMorgan Ultra-Short Municipal ETF (BATS:JMST) by 4.7% in the 4th quarter, HoldingsChannel.com reports. The firm owned 67,629 shares of the company’s stock after buying an additional 3,012 shares during the quarter. Sanctuary Advisors LLC’s holdings in JPMorgan Ultra-Short Municipal ETF were worth $3,442,000 at the end of the most recent reporting period.

Other institutional investors and hedge funds have also recently bought and sold shares of the company. Salomon & Ludwin LLC lifted its stake in shares of JPMorgan Ultra-Short Municipal ETF by 438.4% in the 3rd quarter. Salomon & Ludwin LLC now owns 1,019,611 shares of the company’s stock worth $51,939,000 after acquiring an additional 830,218 shares during the period. FSM Wealth Advisors LLC raised its holdings in JPMorgan Ultra-Short Municipal ETF by 676.0% during the third 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 in the last quarter. HB Wealth Management LLC lifted its position in JPMorgan Ultra-Short Municipal ETF by 395.8% in the fourth quarter. HB Wealth Management LLC now owns 580,541 shares of the company’s stock worth $29,439,000 after purchasing an additional 463,452 shares during the period. CWA Asset Management Group LLC bought a new position in JPMorgan Ultra-Short Municipal ETF during the 3rd quarter valued at $19,911,000. Finally, Global Wealth Management LLC acquired a new position in shares of JPMorgan Ultra-Short Municipal ETF during the 3rd quarter valued at $14,993,000.

JPMorgan Ultra-Short Municipal ETF Stock Performance

JMST opened at $50.86 on Friday. The stock has a 50 day moving average price of $50.79 and a two-hundred day moving average price of $50.82.

JPMorgan Ultra-Short Municipal ETF Cuts Dividend

The firm also recently declared a dividend, which was paid on Wednesday, February 5th. Shareholders of record on Monday, February 3rd were issued a $0.1208 dividend. The ex-dividend date was Monday, February 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.