Dogwood Wealth Management LLC Sells 1,188 Shares of JPMorgan Ultra-Short Municipal ETF $JMST

Dogwood Wealth Management LLC lessened its stake in JPMorgan Ultra-Short Municipal ETF (BATS:JMST) by 19.1% in the second quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The firm owned 5,019 shares of the company’s stock after selling 1,188 shares during the period. Dogwood Wealth Management LLC’s holdings in JPMorgan Ultra-Short Municipal ETF were worth $255,000 at the end of the most recent quarter.

Several other institutional investors and hedge funds have also modified their holdings of the business. Laurel Wealth Planning LLC lifted its stake in JPMorgan Ultra-Short Municipal ETF by 19.1% in the 1st quarter. Laurel Wealth Planning LLC now owns 48,914 shares of the company’s stock worth $2,487,000 after purchasing an additional 7,848 shares in the last quarter. Syntegra Private Wealth Group LLC purchased a new stake in JPMorgan Ultra-Short Municipal ETF during the first quarter valued at approximately $386,000. Parallel Advisors LLC raised its holdings in shares of JPMorgan Ultra-Short Municipal ETF by 16.7% in the second quarter. Parallel Advisors LLC now owns 51,088 shares of the company’s stock worth $2,601,000 after buying an additional 7,294 shares during the last quarter. WealthBridge Capital Management LLC raised its holdings in shares of JPMorgan Ultra-Short Municipal ETF by 12.3% in the first quarter. WealthBridge Capital Management LLC now owns 21,652 shares of the company’s stock worth $1,101,000 after buying an additional 2,366 shares during the last quarter. Finally, Royal Bank of Canada raised its holdings in shares of JPMorgan Ultra-Short Municipal ETF by 10.3% during the first quarter. Royal Bank of Canada now owns 400,679 shares of the company’s stock worth $20,375,000 after purchasing an additional 37,544 shares during the last quarter.

JPMorgan Ultra-Short Municipal ETF Trading Up 0.5%

JMST stock opened at $51.04 on Wednesday. JPMorgan Ultra-Short Municipal ETF has a 12-month low of $50.42 and a 12-month high of $50.98. The business’s 50-day moving average is $50.99 and its 200 day moving average is $50.82.

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.