JPMorgan Ultra-Short Income ETF $JPST Shares Bought by Winthrop Advisory Group LLC

Winthrop Advisory Group LLC boosted its position in shares of JPMorgan Ultra-Short Income ETF (NYSEARCA:JPST) by 8.6% in the 4th quarter, HoldingsChannel reports. The fund owned 151,545 shares of the company’s stock after acquiring an additional 12,028 shares during the period. JPMorgan Ultra-Short Income ETF accounts for about 0.7% of Winthrop Advisory Group LLC’s portfolio, making the stock its 25th biggest holding. Winthrop Advisory Group LLC’s holdings in JPMorgan Ultra-Short Income ETF were worth $7,694,000 at the end of the most recent reporting period.

Several other institutional investors and hedge funds also recently added to or reduced their stakes in JPST. Rossmore Private Capital acquired a new position in JPMorgan Ultra-Short Income ETF during the 3rd quarter worth approximately $25,000. Cardiff Park Advisors LLC acquired a new position in JPMorgan Ultra-Short Income ETF during the 3rd quarter worth approximately $25,000. MGB Wealth Management LLC acquired a new position in JPMorgan Ultra-Short Income ETF during the 3rd quarter worth approximately $30,000. Silicon Valley Capital Partners acquired a new position in JPMorgan Ultra-Short Income ETF during the 2nd quarter worth approximately $37,000. Finally, American National Bank & Trust acquired a new position in JPMorgan Ultra-Short Income ETF during the 3rd quarter worth approximately $38,000. Institutional investors and hedge funds own 2.17% of the company’s stock.

JPMorgan Ultra-Short Income ETF Stock Down 0.0%

NYSEARCA JPST opened at $50.45 on Tuesday. 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 capitalization of $37.41 billion, a PE ratio of 109.67 and a beta of 0.01. The firm has a 50 day moving average of $50.62 and a two-hundred day moving average of $50.65.

JPMorgan Ultra-Short Income ETF Cuts Dividend

The firm 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. This represents a c) dividend on an annualized basis and a yield of 4.1%. The ex-dividend date of this dividend was Monday, February 2nd. JPMorgan Ultra-Short Income ETF’s dividend payout ratio is 473.91%.

About JPMorgan Ultra-Short Income ETF

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.