Sandbox Financial Partners LLC Sells 1,998 Shares of JPMorgan Ultra-Short Municipal ETF (BATS:JMST)

Sandbox Financial Partners LLC trimmed its holdings in JPMorgan Ultra-Short Municipal ETF (BATS:JMST) by 4.0% in the fourth quarter, according to its most recent disclosure with the Securities & Exchange Commission. The fund owned 47,885 shares of the company’s stock after selling 1,998 shares during the quarter. JPMorgan Ultra-Short Municipal ETF comprises 0.8% of Sandbox Financial Partners LLC’s portfolio, making the stock its 29th biggest holding. Sandbox Financial Partners LLC owned about 0.09% of JPMorgan Ultra-Short Municipal ETF worth $2,428,000 as of its most recent SEC filing.

Several other institutional investors and hedge funds have also added to or reduced their stakes in the stock. Blair William & Co. IL grew its stake in shares of JPMorgan Ultra-Short Municipal ETF by 147.4% during the second quarter. Blair William & Co. IL now owns 9,031 shares of the company’s stock valued at $458,000 after purchasing an additional 5,381 shares during the last quarter. Brighton Jones LLC acquired a new position in shares of JPMorgan Ultra-Short Municipal ETF during the second quarter valued at $308,000. Benjamin F. Edwards & Company Inc. lifted its position in JPMorgan Ultra-Short Municipal ETF by 10.2% during the 2nd quarter. Benjamin F. Edwards & Company Inc. now owns 9,084 shares of the company’s stock valued at $461,000 after purchasing an additional 844 shares during the period. Thrivent Financial for Lutherans lifted its holdings in JPMorgan Ultra-Short Municipal ETF by 72.9% in the second quarter. Thrivent Financial for Lutherans now owns 375,221 shares of the company’s stock valued at $19,041,000 after buying an additional 158,170 shares during the period. Finally, Daymark Wealth Partners LLC lifted its stake in shares of JPMorgan Ultra-Short Municipal ETF by 29.4% in the 2nd quarter. Daymark Wealth Partners LLC now owns 30,976 shares of the company’s stock valued at $1,572,000 after purchasing an additional 7,031 shares during the period.

JPMorgan Ultra-Short Municipal ETF Stock Performance

BATS:JMST opened at $50.81 on Friday. The business has a 50-day moving average of $50.79 and a two-hundred day moving average of $50.81.

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.