JPMorgan Ultra-Short Municipal ETF (BATS:JMST) Shares Sold by Compass Financial Group Inc.

Compass Financial Group Inc. trimmed its position in JPMorgan Ultra-Short Municipal ETF (BATS:JMST) by 6.3% during the 4th quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The fund owned 32,701 shares of the company’s stock after selling 2,195 shares during the quarter. Compass Financial Group Inc. owned about 0.06% of JPMorgan Ultra-Short Municipal ETF worth $1,658,000 as of its most recent SEC filing.

Several other hedge funds have also made changes to their positions in the company. River Street Advisors LLC acquired a new stake in shares of JPMorgan Ultra-Short Municipal ETF in the third quarter valued at $30,000. Legacy Investment Solutions LLC purchased a new stake in JPMorgan Ultra-Short Municipal ETF during the third quarter worth approximately $60,000. MidAtlantic Capital Management Inc. purchased a new position in shares of JPMorgan Ultra-Short Municipal ETF in the 3rd quarter valued at $80,000. Blue Trust Inc. acquired a new stake in shares of JPMorgan Ultra-Short Municipal ETF during the fourth quarter worth about $82,000. Finally, Bank of Jackson Hole Trust acquired a new position in shares of JPMorgan Ultra-Short Municipal ETF in the 4th quarter valued at $99,000.

JPMorgan Ultra-Short Municipal ETF Trading Up 0.2 %

BATS:JMST opened at $50.89 on Friday. The company has a 50-day moving average of $50.80 and a 200 day moving average of $50.82.

JPMorgan Ultra-Short Municipal ETF Cuts Dividend

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

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.