Klingman & Associates LLC Sells 14,522 Shares of JPMorgan Ultra-Short Municipal ETF (BATS:JMST)

Klingman & Associates LLC lowered its stake in JPMorgan Ultra-Short Municipal ETF (BATS:JMST) by 41.8% in the 4th quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The firm owned 20,201 shares of the company’s stock after selling 14,522 shares during the quarter. Klingman & Associates LLC’s holdings in JPMorgan Ultra-Short Municipal ETF were worth $1,024,000 as of its most recent filing with the Securities & Exchange Commission.

Several other large investors have also added to or reduced their stakes in JMST. Evernest Financial Advisors LLC bought a new position in JPMorgan Ultra-Short Municipal ETF in the 3rd quarter worth about $3,452,000. Roof Eidam Maycock Peralta LLC boosted its position in shares of JPMorgan Ultra-Short Municipal ETF by 359.0% during the 3rd quarter. Roof Eidam Maycock Peralta LLC now owns 64,249 shares of the company’s stock valued at $3,273,000 after acquiring an additional 50,250 shares during the last quarter. Private Advisor Group LLC boosted its position in shares of JPMorgan Ultra-Short Municipal ETF by 1.9% during the 3rd quarter. Private Advisor Group LLC now owns 78,482 shares of the company’s stock valued at $3,998,000 after acquiring an additional 1,434 shares during the last quarter. International Assets Investment Management LLC boosted its position in shares of JPMorgan Ultra-Short Municipal ETF by 7,537.1% during the 3rd quarter. International Assets Investment Management LLC now owns 123,416 shares of the company’s stock valued at $6,287,000 after acquiring an additional 121,800 shares during the last quarter. Finally, YHB Investment Advisors Inc. boosted its position in shares of JPMorgan Ultra-Short Municipal ETF by 31.8% during the 3rd quarter. YHB Investment Advisors Inc. now owns 63,042 shares of the company’s stock valued at $3,211,000 after acquiring an additional 15,206 shares during the last quarter.

JPMorgan Ultra-Short Municipal ETF Stock Up 0.1 %

Shares of JMST opened at $50.82 on Wednesday. The firm’s 50-day simple moving average is $50.79 and its 200-day simple moving average is $50.82.

JPMorgan Ultra-Short Municipal ETF Cuts Dividend

The firm also recently declared a dividend, which was paid on Wednesday, February 5th. Stockholders of record on Monday, February 3rd were given a dividend of $0.1208 per share. The ex-dividend date 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.