Daymark Wealth Partners LLC Sells 12,001 Shares of JPMorgan Ultra-Short Municipal ETF (BATS:JMST)

Daymark Wealth Partners LLC cut its holdings in JPMorgan Ultra-Short Municipal ETF (BATS:JMST) by 38.7% in the third quarter, according to the company in its most recent Form 13F filing with the SEC. The institutional investor owned 18,975 shares of the company’s stock after selling 12,001 shares during the quarter. Daymark Wealth Partners LLC’s holdings in JPMorgan Ultra-Short Municipal ETF were worth $967,000 at the end of the most recent reporting period.

A number of other institutional investors have also made changes to their positions in the business. Chris Bulman Inc acquired a new position in JPMorgan Ultra-Short Municipal ETF during the 2nd quarter valued at about $35,000. Financial Perspectives Inc acquired a new position in JPMorgan Ultra-Short Municipal ETF in the second quarter valued at approximately $40,000. GAMMA Investing LLC acquired a new position in JPMorgan Ultra-Short Municipal ETF in the first quarter valued at approximately $50,000. Larson Financial Group LLC bought a new position in JPMorgan Ultra-Short Municipal ETF in the second quarter valued at approximately $50,000. Finally, Cooksen Wealth LLC acquired a new stake in JPMorgan Ultra-Short Municipal ETF during the 4th quarter worth $51,000.

JPMorgan Ultra-Short Municipal ETF Price Performance

Shares of JPMorgan Ultra-Short Municipal ETF stock opened at $50.82 on Friday. The company’s 50 day simple moving average is $50.86 and its two-hundred day simple moving average is $50.75.

JPMorgan Ultra-Short Municipal ETF Increases Dividend

The business also recently announced a dividend, which was paid on Thursday, September 5th. Shareholders of record on Tuesday, September 3rd were issued a dividend of $0.1451 per share. The ex-dividend date of this dividend was Tuesday, September 3rd. This is a boost from JPMorgan Ultra-Short Municipal ETF’s previous dividend of $0.14.

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.