JPMorgan Ultra-Short Municipal ETF $JMST Shares Sold by Three Bridge Wealth Advisors LLC

Three Bridge Wealth Advisors LLC decreased its stake in JPMorgan Ultra-Short Municipal ETF (BATS:JMST) by 35.3% during the 4th quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The firm owned 41,494 shares of the company’s stock after selling 22,603 shares during the quarter. JPMorgan Ultra-Short Municipal ETF makes up 0.6% of Three Bridge Wealth Advisors LLC’s holdings, making the stock its 28th biggest position. Three Bridge Wealth Advisors LLC owned about 0.05% of JPMorgan Ultra-Short Municipal ETF worth $2,118,000 as of its most recent filing with the Securities & Exchange Commission.

Several other institutional investors have also modified their holdings of the stock. Northwestern Mutual Wealth Management Co. grew its position in shares of JPMorgan Ultra-Short Municipal ETF by 5.1% in the fourth quarter. Northwestern Mutual Wealth Management Co. now owns 3,973,128 shares of the company’s stock valued at $202,391,000 after purchasing an additional 192,499 shares during the period. Bank of America Corp DE grew its position in shares of JPMorgan Ultra-Short Municipal ETF by 13.8% in the third quarter. Bank of America Corp DE now owns 3,786,554 shares of the company’s stock valued at $193,266,000 after purchasing an additional 460,157 shares during the period. HB Wealth Management LLC grew its position in shares of JPMorgan Ultra-Short Municipal ETF by 25.7% in the fourth quarter. HB Wealth Management LLC now owns 2,177,912 shares of the company’s stock valued at $110,943,000 after purchasing an additional 444,793 shares during the period. Resonant Capital Advisors LLC grew its position in shares of JPMorgan Ultra-Short Municipal ETF by 0.8% in the fourth quarter. Resonant Capital Advisors LLC now owns 1,432,023 shares of the company’s stock valued at $73,068,000 after purchasing an additional 11,620 shares during the period. Finally, Wealth Enhancement Advisory Services LLC grew its position in shares of JPMorgan Ultra-Short Municipal ETF by 18.5% in the fourth quarter. Wealth Enhancement Advisory Services LLC now owns 1,268,731 shares of the company’s stock valued at $64,693,000 after purchasing an additional 198,260 shares during the period.

JPMorgan Ultra-Short Municipal ETF Trading Down 0.2%

Shares of BATS JMST opened at $50.85 on Tuesday. The company’s 50-day simple moving average is $50.92 and its 200-day simple moving average is $50.98. JPMorgan Ultra-Short Municipal ETF has a 52-week low of $50.71 and a 52-week 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.