Axxcess Wealth Management LLC Sells 5,543 Shares of JPMorgan Ultra-Short Municipal ETF (BATS:JMST)

Axxcess Wealth Management LLC trimmed its position in JPMorgan Ultra-Short Municipal ETF (BATS:JMST) by 3.9% during the fourth quarter, according to its most recent 13F filing with the SEC. The fund owned 136,132 shares of the company’s stock after selling 5,543 shares during the period. Axxcess Wealth Management LLC’s holdings in JPMorgan Ultra-Short Municipal ETF were worth $6,903,000 as of its most recent filing with the SEC.

A number of other hedge funds have also recently bought and sold shares of the company. LPL Financial LLC boosted its position in JPMorgan Ultra-Short Municipal ETF by 9.5% in the 3rd quarter. LPL Financial LLC now owns 1,925,693 shares of the company’s stock valued at $98,095,000 after buying an additional 167,861 shares during the last quarter. Resonant Capital Advisors LLC lifted its stake in shares of JPMorgan Ultra-Short Municipal ETF by 1.9% in the 4th quarter. Resonant Capital Advisors LLC now owns 1,171,600 shares of the company’s stock valued at $59,512,000 after purchasing an additional 21,351 shares during the period. Salomon & Ludwin LLC lifted its stake in shares of JPMorgan Ultra-Short Municipal ETF by 0.8% in the 4th quarter. Salomon & Ludwin LLC now owns 1,027,536 shares of the company’s stock valued at $52,106,000 after purchasing an additional 7,925 shares during the period. JPMorgan Chase & Co. lifted its stake in shares of JPMorgan Ultra-Short Municipal ETF by 8.9% in the 3rd quarter. JPMorgan Chase & Co. now owns 864,940 shares of the company’s stock valued at $44,060,000 after purchasing an additional 70,821 shares during the period. Finally, Bailard Inc. acquired a new position in shares of JPMorgan Ultra-Short Municipal ETF in the 4th quarter valued at $43,522,000.

JPMorgan Ultra-Short Municipal ETF Price Performance

JMST stock opened at $50.83 on Tuesday. The business’s fifty day moving average is $50.81 and its 200-day moving average is $50.82. JPMorgan Ultra-Short Municipal ETF has a twelve month low of $50.53 and a twelve month high of $50.97.

JPMorgan Ultra-Short Municipal ETF Increases Dividend

The business also recently declared a dividend, which was paid on Wednesday, March 5th. Stockholders of record on Monday, March 3rd were paid a $0.1277 dividend. The ex-dividend date was Monday, March 3rd. This is an increase 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.