JPMorgan Ultra-Short Income ETF $JPST Shares Purchased by TD Capital Management LLC

TD Capital Management LLC grew its position in JPMorgan Ultra-Short Income ETF (NYSEARCA:JPST) by 16.3% in the 3rd quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The fund owned 264,013 shares of the company’s stock after purchasing an additional 37,056 shares during the period. JPMorgan Ultra-Short Income ETF makes up approximately 1.2% of TD Capital Management LLC’s holdings, making the stock its 21st biggest position. TD Capital Management LLC’s holdings in JPMorgan Ultra-Short Income ETF were worth $13,393,000 at the end of the most recent quarter.

Several other large investors also recently made changes to their positions in JPST. Cardiff Park Advisors LLC acquired a new position in shares of JPMorgan Ultra-Short Income ETF during the third quarter worth approximately $25,000. Rossmore Private Capital acquired a new stake in JPMorgan Ultra-Short Income ETF in the 3rd quarter valued at approximately $25,000. MGB Wealth Management LLC bought a new stake in JPMorgan Ultra-Short Income ETF during the 3rd quarter valued at $30,000. Brentview Investment Management LLC bought a new stake in JPMorgan Ultra-Short Income ETF during the 2nd quarter valued at $35,000. Finally, Silicon Valley Capital Partners acquired a new position in JPMorgan Ultra-Short Income ETF during the 2nd quarter worth $37,000. Institutional investors and hedge funds own 2.17% of the company’s stock.

JPMorgan Ultra-Short Income ETF Stock Performance

NYSEARCA:JPST opened at $50.57 on Wednesday. JPMorgan Ultra-Short Income ETF has a 1 year low of $50.30 and a 1 year high of $50.79. The stock has a market cap of $36.29 billion, a price-to-earnings ratio of 109.93 and a beta of 0.01. The business has a fifty day moving average of $50.66 and a 200-day moving average of $50.67.

JPMorgan Ultra-Short Income ETF Cuts Dividend

The business also recently disclosed a monthly dividend, which was paid on Wednesday, March 4th. Investors of record on Monday, March 2nd were issued a $0.1648 dividend. The ex-dividend date of this dividend was Monday, March 2nd. This represents a c) annualized dividend and a yield of 3.9%. JPMorgan Ultra-Short Income ETF’s dividend payout ratio is presently 478.26%.

JPMorgan Ultra-Short Income ETF Company Profile

The JPMorgan Ultra-Short Income ETF (JPST) is an exchange-traded fund that mostly invests in investment grade fixed income. The fund is an actively managed fund that aims to maximize income and preserve capital using USD-denominated debt securities with an effective duration of one year or less. JPST was launched on May 17, 2017 and is managed by JPMorgan Chase.