Vawter Financial Ltd. Sells 6,041 Shares of JPMorgan Ultra-Short Municipal ETF (BATS:JMST)

Vawter Financial Ltd. trimmed its position in JPMorgan Ultra-Short Municipal ETF (BATS:JMST) by 9.8% during the third quarter, according to its most recent 13F filing with the SEC. The fund owned 55,540 shares of the company’s stock after selling 6,041 shares during the period. JPMorgan Ultra-Short Municipal ETF comprises approximately 1.7% of Vawter Financial Ltd.’s holdings, making the stock its 17th largest holding. Vawter Financial Ltd.’s holdings in JPMorgan Ultra-Short Municipal ETF were worth $2,829,000 at the end of the most recent reporting period.

Several other institutional investors and hedge funds have also recently added to or reduced their stakes in JMST. Chris Bulman Inc bought a new stake in shares of JPMorgan Ultra-Short Municipal ETF during the 2nd quarter worth about $35,000. Financial Perspectives Inc acquired a new position in JPMorgan Ultra-Short Municipal ETF in the second quarter valued at $40,000. Larson Financial Group LLC acquired a new stake in shares of JPMorgan Ultra-Short Municipal ETF during the 2nd quarter worth approximately $50,000. International Assets Investment Management LLC acquired a new position in JPMorgan Ultra-Short Municipal ETF during the 2nd quarter worth approximately $82,000. Finally, Key Financial Inc increased its position in shares of JPMorgan Ultra-Short Municipal ETF by 65.6% during the third quarter. Key Financial Inc now owns 2,116 shares of the company’s stock worth $108,000 after acquiring an additional 838 shares in the last quarter.

JPMorgan Ultra-Short Municipal ETF Price Performance

Shares of JMST opened at $50.82 on Friday. The firm’s 50 day simple moving average is $50.82 and its 200 day simple moving average is $50.77.

JPMorgan Ultra-Short Municipal ETF Increases Dividend

The firm also recently declared a dividend, which was paid on Thursday, September 5th. Stockholders of record on Tuesday, September 3rd were given a dividend of $0.1451 per share. The ex-dividend date of this dividend was Tuesday, September 3rd. This is an increase from JPMorgan Ultra-Short Municipal ETF’s previous dividend of $0.14.

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.