JPMorgan Ultra-Short Municipal ETF $JMST Shares Sold by Sunflower Bank N.A.

Sunflower Bank N.A. reduced its stake in shares of JPMorgan Ultra-Short Municipal ETF (BATS:JMST) by 88.9% during the 4th quarter, HoldingsChannel reports. The fund owned 23,018 shares of the company’s stock after selling 183,553 shares during the period. Sunflower Bank N.A.’s holdings in JPMorgan Ultra-Short Municipal ETF were worth $1,173,000 at the end of the most recent quarter.

Other hedge funds have also modified their holdings of the company. Capital Asset Advisory Services LLC increased its position in JPMorgan Ultra-Short Municipal ETF by 14.1% during the fourth quarter. Capital Asset Advisory Services LLC now owns 281,874 shares of the company’s stock worth $14,373,000 after purchasing an additional 34,766 shares during the last quarter. Appleton Partners Inc. MA boosted its holdings in shares of JPMorgan Ultra-Short Municipal ETF by 1.0% in the 4th quarter. Appleton Partners Inc. MA now owns 119,572 shares of the company’s stock valued at $6,091,000 after purchasing an additional 1,140 shares during the last quarter. Park Place Capital Corp boosted its holdings in shares of JPMorgan Ultra-Short Municipal ETF by 118.3% in the 4th quarter. Park Place Capital Corp now owns 1,757 shares of the company’s stock valued at $90,000 after purchasing an additional 952 shares during the last quarter. Leverty Financial Group LLC grew its stake in shares of JPMorgan Ultra-Short Municipal ETF by 46.9% during the 4th quarter. Leverty Financial Group LLC now owns 28,591 shares of the company’s stock valued at $1,456,000 after buying an additional 9,134 shares during the period. Finally, Graves Light Lenhart Wealth Inc. grew its stake in shares of JPMorgan Ultra-Short Municipal ETF by 22.9% during the 4th quarter. Graves Light Lenhart Wealth Inc. now owns 98,716 shares of the company’s stock valued at $5,029,000 after buying an additional 18,399 shares during the period.

JPMorgan Ultra-Short Municipal ETF Stock Performance

JMST stock opened at $50.98 on Tuesday. The business has a fifty day simple moving average of $51.06 and a 200-day simple moving average of $51.00. 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 Increases Dividend

The company also recently declared a monthly dividend, which was paid on Wednesday, March 4th. Shareholders of record on Monday, March 2nd were paid a dividend of $0.1157 per share. This is a boost from JPMorgan Ultra-Short Municipal ETF’s previous monthly dividend of $0.10. This represents a c) annualized dividend and a 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.