JPMorgan Ultra-Short Income ETF $JPST Shares Acquired by Stewardship Advisors LLC

Stewardship Advisors LLC boosted its holdings in JPMorgan Ultra-Short Income ETF (NYSEARCA:JPST) by 13.0% in the fourth quarter, according to its most recent Form 13F filing with the SEC. The fund owned 168,609 shares of the company’s stock after purchasing an additional 19,356 shares during the period. JPMorgan Ultra-Short Income ETF comprises 2.0% of Stewardship Advisors LLC’s portfolio, making the stock its 15th largest position. Stewardship Advisors LLC’s holdings in JPMorgan Ultra-Short Income ETF were worth $8,530,000 as of its most recent SEC filing.

A number of other hedge funds have also recently bought and sold shares of JPST. Archer Investment Corp raised its position in shares of JPMorgan Ultra-Short Income ETF by 11.2% in the 3rd quarter. Archer Investment Corp now owns 1,991 shares of the company’s stock valued at $101,000 after purchasing an additional 200 shares in the last quarter. Lakeridge Wealth Management LLC boosted its stake in shares of JPMorgan Ultra-Short Income ETF by 4.5% during the 4th quarter. Lakeridge Wealth Management LLC now owns 4,770 shares of the company’s stock valued at $241,000 after buying an additional 206 shares during the last quarter. Sax Wealth Advisors LLC grew its position in shares of JPMorgan Ultra-Short Income ETF by 2.7% during the third quarter. Sax Wealth Advisors LLC now owns 8,306 shares of the company’s stock worth $421,000 after buying an additional 220 shares in the last quarter. Lantern Wealth Advisors LLC grew its position in shares of JPMorgan Ultra-Short Income ETF by 5.0% during the third quarter. Lantern Wealth Advisors LLC now owns 4,721 shares of the company’s stock worth $240,000 after buying an additional 226 shares in the last quarter. Finally, Condor Capital Management increased its stake in shares of JPMorgan Ultra-Short Income ETF by 1.6% in the third quarter. Condor Capital Management now owns 14,607 shares of the company’s stock worth $741,000 after buying an additional 231 shares during the last quarter. Institutional investors and hedge funds own 2.17% of the company’s stock.

JPMorgan Ultra-Short Income ETF Price Performance

JPST opened at $50.57 on Tuesday. JPMorgan Ultra-Short Income ETF has a 12-month low of $50.30 and a 12-month high of $50.79. The stock has a market capitalization of $36.29 billion, a PE ratio of 109.93 and a beta of 0.01. The firm’s fifty day moving average price is $50.64 and its 200 day moving average price is $50.66.

JPMorgan Ultra-Short Income ETF Cuts Dividend

The business also recently announced a monthly dividend, which was paid on Wednesday, February 4th. Stockholders of record on Monday, February 2nd were given a $0.172 dividend. The ex-dividend date of this dividend was Monday, February 2nd. This represents a c) annualized dividend and a dividend yield of 4.1%. JPMorgan Ultra-Short Income ETF’s 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.