James J. Burns & Company LLC Has $663,000 Stock Holdings in JPMorgan Ultra-Short Municipal ETF (BATS:JMST)

James J. Burns & Company LLC trimmed its holdings in shares of JPMorgan Ultra-Short Municipal ETF (BATS:JMST) by 33.0% during the 4th quarter, according to its most recent disclosure with the Securities and Exchange Commission. The firm owned 13,068 shares of the company’s stock after selling 6,450 shares during the period. James J. Burns & Company LLC’s holdings in JPMorgan Ultra-Short Municipal ETF were worth $663,000 as of its most recent filing with the Securities and Exchange Commission.

Several other hedge funds have also recently bought and sold shares of JMST. Sanctuary Advisors LLC purchased a new position in shares of JPMorgan Ultra-Short Municipal ETF during the 2nd quarter valued at $2,031,000. Centaurus Financial Inc. purchased a new position in JPMorgan Ultra-Short Municipal ETF in the second quarter valued at about $112,000. Park Avenue Securities LLC acquired a new stake in shares of JPMorgan Ultra-Short Municipal ETF during the 3rd quarter valued at about $891,000. GAMMA Investing LLC grew its stake in shares of JPMorgan Ultra-Short Municipal ETF by 9.0% in the 3rd quarter. GAMMA Investing LLC now owns 14,036 shares of the company’s stock valued at $715,000 after buying an additional 1,155 shares in the last quarter. Finally, WealthBridge Capital Management LLC increased its holdings in JPMorgan Ultra-Short Municipal ETF by 71.6% in the third quarter. WealthBridge Capital Management LLC now owns 16,816 shares of the company’s stock worth $857,000 after buying an additional 7,015 shares during the last quarter.

JPMorgan Ultra-Short Municipal ETF Stock Performance

Shares of JMST opened at $50.79 on Tuesday. The company’s fifty day simple moving average is $50.80 and its 200 day simple moving average is $50.82.

JPMorgan Ultra-Short Municipal ETF Cuts Dividend

The firm also recently disclosed a dividend, which will be paid on Wednesday, February 5th. Investors of record on Monday, February 3rd will be issued a $0.1208 dividend. The ex-dividend date is Monday, February 3rd.

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.