Capstone Financial Advisors Inc. Decreases Holdings in JPMorgan Ultra-Short Municipal ETF (BATS:JMST)

Capstone Financial Advisors Inc. reduced its stake in shares of JPMorgan Ultra-Short Municipal ETF (BATS:JMST) by 42.5% in the 4th quarter, according to its most recent disclosure with the Securities and Exchange Commission. The firm owned 6,650 shares of the company’s stock after selling 4,922 shares during the period. Capstone Financial Advisors Inc.’s holdings in JPMorgan Ultra-Short Municipal ETF were worth $337,000 at the end of the most recent quarter.

Other institutional investors and hedge funds also recently added to or reduced their stakes in the company. John W. Brooker & Co. CPAs raised its holdings in shares of JPMorgan Ultra-Short Municipal ETF by 1.0% during the fourth quarter. John W. Brooker & Co. CPAs now owns 27,303 shares of the company’s stock valued at $1,385,000 after acquiring an additional 267 shares during the last quarter. IFP Advisors Inc raised its stake in JPMorgan Ultra-Short Municipal ETF by 0.7% in the fourth quarter. IFP Advisors Inc now owns 43,456 shares of the company’s stock valued at $2,204,000 after buying an additional 282 shares in the last quarter. Meridian Financial LLC lifted its stake in JPMorgan Ultra-Short Municipal ETF by 6.9% in the fourth quarter. Meridian Financial LLC now owns 5,022 shares of the company’s stock valued at $255,000 after buying an additional 322 shares during the last quarter. Gradient Capital Advisors LLC boosted its holdings in shares of JPMorgan Ultra-Short Municipal ETF by 4.3% in the fourth quarter. Gradient Capital Advisors LLC now owns 8,127 shares of the company’s stock valued at $412,000 after acquiring an additional 333 shares during the period. Finally, Weaver Consulting Group raised its stake in shares of JPMorgan Ultra-Short Municipal ETF by 9.3% during the fourth quarter. Weaver Consulting Group now owns 5,650 shares of the company’s stock worth $287,000 after purchasing an additional 480 shares during the last quarter.

JPMorgan Ultra-Short Municipal ETF Trading Down 0.0 %

BATS:JMST opened at $50.75 on Monday. JPMorgan Ultra-Short Municipal ETF has a 1 year low of $50.42 and a 1 year high of $50.98. The stock has a fifty day moving average price of $50.75 and a two-hundred day moving average price of $50.78.

JPMorgan Ultra-Short Municipal ETF Increases Dividend

The company also recently declared a dividend, which was paid on Wednesday, March 5th. Stockholders of record on Monday, March 3rd were given a $0.1277 dividend. The ex-dividend date was Monday, March 3rd. This is a boost from JPMorgan Ultra-Short Municipal ETF’s previous dividend of $0.12.

JPMorgan Ultra-Short Municipal ETF 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.