Boulder Wealth Advisors LLC Trims Stock Holdings in JPMorgan Ultra-Short Municipal ETF (BATS:JMST)

Boulder Wealth Advisors LLC lessened its holdings in JPMorgan Ultra-Short Municipal ETF (BATS:JMST) by 13.1% in the fourth quarter, Holdings Channel reports. The institutional investor owned 110,897 shares of the company’s stock after selling 16,775 shares during the period. JPMorgan Ultra-Short Municipal ETF accounts for approximately 2.9% of Boulder Wealth Advisors LLC’s holdings, making the stock its 10th largest position. Boulder Wealth Advisors LLC’s holdings in JPMorgan Ultra-Short Municipal ETF were worth $5,624,000 as of its most recent SEC filing.

A number of other institutional investors have also recently added to or reduced their stakes in the business. River Street Advisors LLC acquired a new stake in JPMorgan Ultra-Short Municipal ETF during the 3rd quarter valued at approximately $30,000. Assetmark Inc. lifted its holdings in JPMorgan Ultra-Short Municipal ETF by 591.3% in the fourth quarter. Assetmark Inc. now owns 1,106 shares of the company’s stock valued at $56,000 after buying an additional 946 shares during the period. Legacy Investment Solutions LLC bought a new stake in JPMorgan Ultra-Short Municipal ETF during the third quarter valued at $60,000. MidAtlantic Capital Management Inc. acquired a new stake in JPMorgan Ultra-Short Municipal ETF during the 3rd quarter worth about $80,000. Finally, Blue Trust Inc. bought a new position in shares of JPMorgan Ultra-Short Municipal ETF in the 4th quarter worth about $82,000.

JPMorgan Ultra-Short Municipal ETF Stock Up 0.1 %

Shares of JMST stock opened at $50.81 on Wednesday. The business has a fifty day simple moving average of $50.81 and a 200 day simple moving average of $50.82.

JPMorgan Ultra-Short Municipal ETF Increases Dividend

The business also recently announced a dividend, which will be paid on Wednesday, March 5th. Investors of record on Monday, March 3rd will be given a dividend of $0.1277 per share. The ex-dividend date of this dividend is 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.