Advisor OS LLC Has $18.14 Million Position in JPMorgan Ultra-Short Municipal ETF (BATS:JMST)

Advisor OS LLC lowered its stake in shares of JPMorgan Ultra-Short Municipal ETF (BATS:JMST) by 5.8% during the fourth quarter, according to its most recent disclosure with the Securities and Exchange Commission. The firm owned 357,769 shares of the company’s stock after selling 21,869 shares during the quarter. JPMorgan Ultra-Short Municipal ETF comprises approximately 2.1% of Advisor OS LLC’s holdings, making the stock its 10th largest holding. Advisor OS LLC owned 0.69% of JPMorgan Ultra-Short Municipal ETF worth $18,142,000 as of its most recent SEC filing.

Other institutional investors and hedge funds have also bought and sold shares of the company. River Street Advisors LLC acquired a new position in JPMorgan Ultra-Short Municipal ETF in the 3rd quarter valued at approximately $30,000. Legacy Investment Solutions LLC bought a new stake in shares of JPMorgan Ultra-Short Municipal ETF during the third quarter valued at approximately $60,000. MidAtlantic Capital Management Inc. acquired a new position in shares of JPMorgan Ultra-Short Municipal ETF in the third quarter valued at $80,000. Blue Trust Inc. bought a new position in JPMorgan Ultra-Short Municipal ETF in the fourth quarter worth $82,000. Finally, Bank of Jackson Hole Trust acquired a new stake in JPMorgan Ultra-Short Municipal ETF during the fourth quarter worth $99,000.

JPMorgan Ultra-Short Municipal ETF Stock Performance

Shares of JPMorgan Ultra-Short Municipal ETF stock opened at $50.89 on Wednesday. The firm has a 50-day simple moving average of $50.80 and a two-hundred day simple moving average of $50.82.

JPMorgan Ultra-Short Municipal ETF Cuts Dividend

The firm also recently announced a dividend, which was paid on Wednesday, February 5th. Investors of record on Monday, February 3rd were paid a $0.1208 dividend. The ex-dividend date of this dividend was Monday, February 3rd.

JPMorgan Ultra-Short Municipal ETF Company 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.