JPMorgan Ultra-Short Income ETF $JPST Shares Purchased by Perigon Wealth Management LLC

Perigon Wealth Management LLC lifted its holdings in JPMorgan Ultra-Short Income ETF (NYSEARCA:JPST) by 21.4% in the 4th quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The institutional investor owned 175,538 shares of the company’s stock after purchasing an additional 31,000 shares during the period. Perigon Wealth Management LLC’s holdings in JPMorgan Ultra-Short Income ETF were worth $8,880,000 as of its most recent filing with the Securities & Exchange Commission.

Other large investors also recently bought and sold shares of the company. JPMorgan Chase & Co. boosted its position in JPMorgan Ultra-Short Income ETF by 8.8% during the third quarter. JPMorgan Chase & Co. now owns 96,742,823 shares of the company’s stock worth $4,907,764,000 after purchasing an additional 7,786,258 shares in the last quarter. Bank of America Corp DE increased its position in shares of JPMorgan Ultra-Short Income ETF by 15.3% in the second quarter. Bank of America Corp DE now owns 16,306,977 shares of the company’s stock valued at $826,438,000 after buying an additional 2,162,615 shares in the last quarter. HB Wealth Management LLC increased its position in shares of JPMorgan Ultra-Short Income ETF by 4.7% in the third quarter. HB Wealth Management LLC now owns 9,302,563 shares of the company’s stock valued at $469,487,000 after buying an additional 413,847 shares in the last quarter. Wealth Enhancement Advisory Services LLC raised its stake in shares of JPMorgan Ultra-Short Income ETF by 3.4% during the 3rd quarter. Wealth Enhancement Advisory Services LLC now owns 7,086,795 shares of the company’s stock worth $358,734,000 after buying an additional 232,920 shares during the period. Finally, Temasek Holdings Private Ltd purchased a new position in shares of JPMorgan Ultra-Short Income ETF during the 3rd quarter valued at approximately $300,296,000. Institutional investors and hedge funds own 2.17% of the company’s stock.

JPMorgan Ultra-Short Income ETF Price Performance

Shares of NYSEARCA:JPST opened at $50.46 on Friday. The business’s 50 day moving average price is $50.63 and its 200-day moving average price is $50.66. JPMorgan Ultra-Short Income ETF has a 1 year low of $50.30 and a 1 year high of $50.79. The firm has a market capitalization of $37.42 billion, a price-to-earnings ratio of 109.70 and a beta of 0.01.

JPMorgan Ultra-Short Income ETF Cuts Dividend

The business also recently disclosed a monthly dividend, which was paid on Wednesday, February 4th. Shareholders of record on Monday, February 2nd were issued a dividend of $0.172 per share. This represents a c) annualized dividend 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 (DPR) is presently 478.26%.

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.