Ritter Daniher Financial Advisory LLC DE Has $419,000 Stake in JPMorgan Ultra-Short Municipal ETF (BATS:JMST)

Ritter Daniher Financial Advisory LLC DE reduced its stake in shares of JPMorgan Ultra-Short Municipal ETF (BATS:JMST) by 55.6% in the third quarter, according to its most recent filing with the SEC. The institutional investor owned 8,235 shares of the company’s stock after selling 10,300 shares during the period. Ritter Daniher Financial Advisory LLC DE’s holdings in JPMorgan Ultra-Short Municipal ETF were worth $419,000 as of its most recent filing with the SEC.

Several other institutional investors and hedge funds have also recently modified their holdings of JMST. River Street Advisors LLC bought a new position in shares of JPMorgan Ultra-Short Municipal ETF during the third quarter valued at about $30,000. Chris Bulman Inc purchased a new position in shares of JPMorgan Ultra-Short Municipal ETF in the 2nd quarter worth approximately $35,000. Financial Perspectives Inc bought a new position in shares of JPMorgan Ultra-Short Municipal ETF in the second quarter valued at approximately $40,000. Larson Financial Group LLC purchased a new stake in shares of JPMorgan Ultra-Short Municipal ETF during the second quarter valued at approximately $50,000. Finally, International Assets Investment Management LLC bought a new stake in JPMorgan Ultra-Short Municipal ETF during the second quarter worth $82,000.

JPMorgan Ultra-Short Municipal ETF Stock Performance

JMST stock opened at $50.82 on Friday. The stock has a fifty day simple moving average of $50.82 and a two-hundred day simple moving average of $50.77.

JPMorgan Ultra-Short Municipal ETF Increases Dividend

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

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.