JPMorgan Ultra-Short Municipal ETF (BATS:JMST) Shares Sold by Walkner Condon Financial Advisors LLC

Walkner Condon Financial Advisors LLC cut its stake in JPMorgan Ultra-Short Municipal ETF (BATS:JMST) by 6.8% in the fourth quarter, HoldingsChannel reports. The institutional investor owned 14,360 shares of the company’s stock after selling 1,044 shares during the quarter. Walkner Condon Financial Advisors LLC’s holdings in JPMorgan Ultra-Short Municipal ETF were worth $728,000 at the end of the most recent reporting period.

A number of other hedge funds and other institutional investors also recently modified their holdings of the stock. River Street Advisors LLC purchased a new position in JPMorgan Ultra-Short Municipal ETF in the 3rd quarter valued at approximately $30,000. Legacy Investment Solutions LLC purchased a new position in shares of JPMorgan Ultra-Short Municipal ETF in the third quarter valued at $60,000. MidAtlantic Capital Management Inc. acquired a new position in shares of JPMorgan Ultra-Short Municipal ETF during the 3rd quarter worth $80,000. Key Financial Inc boosted its position in shares of JPMorgan Ultra-Short Municipal ETF by 65.6% in the 3rd quarter. Key Financial Inc now owns 2,116 shares of the company’s stock worth $108,000 after buying an additional 838 shares in the last quarter. Finally, Continuum Advisory LLC acquired a new stake in JPMorgan Ultra-Short Municipal ETF in the 3rd quarter valued at about $217,000.

JPMorgan Ultra-Short Municipal ETF Stock Up 0.1 %

BATS:JMST opened at $50.81 on Friday. The company’s fifty day simple moving average is $50.79 and its 200-day simple moving average is $50.82.

JPMorgan Ultra-Short Municipal ETF Cuts Dividend

The firm also recently disclosed a dividend, which was paid on Wednesday, February 5th. Stockholders of record on Monday, February 3rd were paid a dividend of $0.1208 per share. The ex-dividend date of this dividend was Monday, February 3rd.

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.