TD Capital Management LLC Has $11.73 Million Stock Holdings in JPMorgan Ultra-Short Municipal ETF $JMST

TD Capital Management LLC reduced its stake in shares of JPMorgan Ultra-Short Municipal ETF (BATS:JMST) by 6.1% during the 4th quarter, according to the company in its most recent 13F filing with the SEC. The institutional investor owned 230,340 shares of the company’s stock after selling 15,019 shares during the quarter. JPMorgan Ultra-Short Municipal ETF accounts for 1.0% of TD Capital Management LLC’s holdings, making the stock its 27th biggest holding. TD Capital Management LLC owned approximately 0.29% of JPMorgan Ultra-Short Municipal ETF worth $11,734,000 as of its most recent filing with the SEC.

A number of other hedge funds also recently modified their holdings of the stock. Rice Partnership LLC bought a new stake in JPMorgan Ultra-Short Municipal ETF during the third quarter worth about $43,000. US Bancorp DE raised its position in shares of JPMorgan Ultra-Short Municipal ETF by 130.6% in the 3rd quarter. US Bancorp DE now owns 1,153 shares of the company’s stock valued at $59,000 after buying an additional 653 shares in the last quarter. Godfrey Financial Associates Inc. acquired a new position in shares of JPMorgan Ultra-Short Municipal ETF in the 4th quarter valued at approximately $71,000. MidAtlantic Capital Management Inc. bought a new stake in shares of JPMorgan Ultra-Short Municipal ETF during the 4th quarter worth approximately $80,000. Finally, Core Wealth Advisors LLC acquired a new stake in shares of JPMorgan Ultra-Short Municipal ETF during the 4th quarter worth approximately $83,000.

JPMorgan Ultra-Short Municipal ETF Trading Up 0.1%

BATS JMST opened at $50.96 on Friday. The firm’s 50 day simple moving average is $50.91 and its 200 day simple moving average is $50.98. JPMorgan Ultra-Short Municipal ETF has a 1 year low of $50.79 and a 1 year high of $51.13.

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.