JPMorgan Ultra-Short Income ETF $JPST Shares Bought by Matthew Goff Investment Advisor LLC

Matthew Goff Investment Advisor LLC lifted its holdings in shares of JPMorgan Ultra-Short Income ETF (NYSEARCA:JPST) by 62.7% during the fourth quarter, Holdings Channel reports. The fund owned 238,607 shares of the company’s stock after purchasing an additional 91,981 shares during the quarter. JPMorgan Ultra-Short Income ETF accounts for 2.0% of Matthew Goff Investment Advisor LLC’s investment portfolio, making the stock its 16th largest holding. Matthew Goff Investment Advisor LLC’s holdings in JPMorgan Ultra-Short Income ETF were worth $12,071,000 as of its most recent filing with the SEC.

Other institutional investors have also modified their holdings of the company. Rossmore Private Capital purchased a new position in JPMorgan Ultra-Short Income ETF in the third quarter valued at about $25,000. Cardiff Park Advisors LLC purchased a new stake in JPMorgan Ultra-Short Income ETF during the 3rd quarter worth approximately $25,000. MGB Wealth Management LLC purchased a new stake in JPMorgan Ultra-Short Income ETF during the 3rd quarter worth approximately $30,000. Brentview Investment Management LLC acquired a new position in shares of JPMorgan Ultra-Short Income ETF in the 2nd quarter valued at approximately $35,000. Finally, Silicon Valley Capital Partners acquired a new position in shares of JPMorgan Ultra-Short Income ETF in the 2nd quarter valued at approximately $37,000. Institutional investors and hedge funds own 2.17% of the company’s stock.

JPMorgan Ultra-Short Income ETF Stock Performance

JPMorgan Ultra-Short Income ETF stock opened at $50.53 on Monday. JPMorgan Ultra-Short Income ETF has a 52 week low of $50.30 and a 52 week high of $50.79. The stock has a market cap of $36.26 billion, a P/E ratio of 109.85 and a beta of 0.01. The stock has a 50 day moving average of $50.64 and a 200-day moving average of $50.66.

JPMorgan Ultra-Short Income ETF Cuts Dividend

The business also recently declared a monthly dividend, which was paid on Wednesday, February 4th. Investors of record on Monday, February 2nd were issued a $0.172 dividend. 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 is currently 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.