Appleton Partners Inc. MA Has $6.39 Million Holdings in JPMorgan Ultra-Short Municipal ETF (BATS:JMST)

Appleton Partners Inc. MA decreased its position in JPMorgan Ultra-Short Municipal ETF (BATS:JMST) by 3.6% during the 4th quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The fund owned 126,059 shares of the company’s stock after selling 4,764 shares during the quarter. Appleton Partners Inc. MA’s holdings in JPMorgan Ultra-Short Municipal ETF were worth $6,392,000 as of its most recent SEC filing.

Several other institutional investors and hedge funds have also modified their holdings of JMST. Albion Financial Group UT increased its stake in shares of JPMorgan Ultra-Short Municipal ETF by 20.4% in the 3rd quarter. Albion Financial Group UT now owns 76,154 shares of the company’s stock valued at $3,879,000 after purchasing an additional 12,890 shares during the last quarter. Red Mountain Financial LLC boosted its stake in JPMorgan Ultra-Short Municipal ETF by 1.4% in the third quarter. Red Mountain Financial LLC now owns 20,831 shares of the company’s stock valued at $1,061,000 after buying an additional 285 shares in the last quarter. Priebe Wealth Holdings LLC grew its position in JPMorgan Ultra-Short Municipal ETF by 20.5% in the third quarter. Priebe Wealth Holdings LLC now owns 22,043 shares of the company’s stock valued at $1,123,000 after acquiring an additional 3,756 shares during the last quarter. Annex Advisory Services LLC acquired a new position in JPMorgan Ultra-Short Municipal ETF during the third quarter worth about $21,711,000. Finally, Adamsbrown Wealth Consultants LLC lifted its stake in JPMorgan Ultra-Short Municipal ETF by 331.7% in the 3rd quarter. Adamsbrown Wealth Consultants LLC now owns 46,412 shares of the company’s stock valued at $2,364,000 after purchasing an additional 35,661 shares during the last quarter.

JPMorgan Ultra-Short Municipal ETF Stock Performance

BATS JMST opened at $50.81 on Friday. The firm’s fifty day moving average price is $50.79 and its two-hundred day moving average price 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 issued a dividend of $0.1208 per share. The ex-dividend date of this dividend was Monday, February 3rd.

JPMorgan Ultra-Short Municipal ETF Company 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.