Auxano Advisors LLC Raises Stock Holdings in JPMorgan Ultra-Short Municipal ETF (BATS:JMST)

Auxano Advisors LLC increased its holdings in JPMorgan Ultra-Short Municipal ETF (BATS:JMST) by 0.5% in the fourth quarter, Holdings Channel.com reports. The firm owned 292,230 shares of the company’s stock after acquiring an additional 1,425 shares during the period. JPMorgan Ultra-Short Municipal ETF makes up approximately 5.0% of Auxano Advisors LLC’s investment portfolio, making the stock its 6th biggest position. Auxano Advisors LLC’s holdings in JPMorgan Ultra-Short Municipal ETF were worth $14,828,000 as of its most recent filing with the SEC.

Several other institutional investors and hedge funds also recently made changes to their positions in the business. Macroview Investment Management LLC bought a new position in JPMorgan Ultra-Short Municipal ETF in the 4th quarter worth $30,000. LWM Advisory Services LLC purchased a new position in JPMorgan Ultra-Short Municipal ETF during the 3rd quarter valued at about $38,000. CVA Family Office LLC bought a new stake in JPMorgan Ultra-Short Municipal ETF during the fourth quarter worth about $75,000. Tyler Stone Wealth Management boosted its position in shares of JPMorgan Ultra-Short Municipal ETF by 33.3% in the 3rd quarter. Tyler Stone Wealth Management now owns 3,200 shares of the company’s stock worth $161,000 after purchasing an additional 800 shares in the last quarter. Finally, West Paces Advisors Inc. grew its stake in shares of JPMorgan Ultra-Short Municipal ETF by 16.4% in the 4th quarter. West Paces Advisors Inc. now owns 3,510 shares of the company’s stock worth $178,000 after buying an additional 495 shares during the last quarter.

JPMorgan Ultra-Short Municipal ETF Price Performance

JPMorgan Ultra-Short Municipal ETF stock traded down $0.01 during mid-day trading on Tuesday, reaching $50.69. The stock had a trading volume of 248,457 shares. The company’s 50 day moving average price is $50.69 and its 200-day moving average price is $50.66.

JPMorgan Ultra-Short Municipal ETF Cuts Dividend

The company also recently disclosed a dividend, which was paid on Thursday, April 4th. Investors of record on Tuesday, April 2nd were issued a $0.1399 dividend. The ex-dividend date of this dividend was Monday, April 1st.

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.