OneDigital Investment Advisors LLC Acquires 66,095 Shares of JPMorgan Ultra-Short Income ETF $JPST

OneDigital Investment Advisors LLC boosted its stake in JPMorgan Ultra-Short Income ETF (NYSEARCA:JPSTFree Report) by 32.9% during the 3rd quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The institutional investor owned 267,254 shares of the company’s stock after acquiring an additional 66,095 shares during the period. OneDigital Investment Advisors LLC’s holdings in JPMorgan Ultra-Short Income ETF were worth $13,558,000 at the end of the most recent reporting period.

A number of other hedge funds have also added to or reduced their stakes in the stock. Rossmore Private Capital bought a new stake in shares of JPMorgan Ultra-Short Income ETF during the 3rd quarter valued at about $25,000. Brentview Investment Management LLC purchased a new stake in JPMorgan Ultra-Short Income ETF in the second quarter worth about $35,000. Silicon Valley Capital Partners bought a new stake in JPMorgan Ultra-Short Income ETF during the 2nd quarter valued at approximately $37,000. American National Bank & Trust bought a new stake in JPMorgan Ultra-Short Income ETF during the 3rd quarter valued at approximately $38,000. Finally, Quaker Wealth Management LLC grew its holdings in shares of JPMorgan Ultra-Short Income ETF by 173.1% during the 2nd quarter. Quaker Wealth Management LLC now owns 805 shares of the company’s stock worth $41,000 after acquiring an additional 1,906 shares during the period. 2.17% of the stock is owned by hedge funds and other institutional investors.

JPMorgan Ultra-Short Income ETF Stock Performance

Shares of NYSEARCA:JPST opened at $50.73 on Monday. The firm has a market capitalization of $36.41 billion, a P/E ratio of 110.28 and a beta of 0.01. The stock has a 50 day moving average price of $50.68 and a 200-day moving average price of $50.67. JPMorgan Ultra-Short Income ETF has a 52-week low of $50.30 and a 52-week high of $50.79.

JPMorgan Ultra-Short Income ETF Cuts Dividend

The company also recently disclosed a monthly dividend, which was paid on Wednesday, February 4th. Shareholders of record on Monday, February 2nd were given a dividend of $0.172 per share. The ex-dividend date of this dividend was Monday, February 2nd. This represents a c) annualized dividend and a yield of 4.1%. JPMorgan Ultra-Short Income ETF’s dividend payout ratio (DPR) is currently 482.61%.

About JPMorgan Ultra-Short Income ETF

(Free Report)

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.

Further Reading

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Institutional Ownership by Quarter for JPMorgan Ultra-Short Income ETF (NYSEARCA:JPST)

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