Stratos Wealth Partners LTD. Acquires 61,508 Shares of JPMorgan Ultra-Short Income ETF $JPST

Stratos Wealth Partners LTD. boosted its holdings in JPMorgan Ultra-Short Income ETF (NYSEARCA:JPST) by 19.7% in the third quarter, according to the company in its most recent 13F filing with the SEC. The fund owned 374,178 shares of the company’s stock after buying an additional 61,508 shares during the quarter. Stratos Wealth Partners LTD. owned 0.06% of JPMorgan Ultra-Short Income ETF worth $18,982,000 at the end of the most recent quarter.

Several other hedge funds and other institutional investors have also bought and sold shares of the stock. Rossmore Private Capital bought a new stake in shares of JPMorgan Ultra-Short Income ETF in the third quarter worth approximately $25,000. Brentview Investment Management LLC purchased a new stake in JPMorgan Ultra-Short Income ETF in the second quarter worth approximately $35,000. Silicon Valley Capital Partners purchased a new stake in JPMorgan Ultra-Short Income ETF in the second quarter worth approximately $37,000. American National Bank & Trust bought a new stake in JPMorgan Ultra-Short Income ETF in the 3rd quarter worth approximately $38,000. Finally, Quaker Wealth Management LLC raised its stake in 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 valued at $41,000 after buying an additional 1,906 shares during the last quarter. Institutional investors own 2.17% of the company’s stock.

JPMorgan Ultra-Short Income ETF Price Performance

NYSEARCA JPST opened at $50.68 on Wednesday. The stock has a market capitalization of $36.37 billion, a price-to-earnings ratio of 110.17 and a beta of 0.01. JPMorgan Ultra-Short Income ETF has a 1-year low of $50.30 and a 1-year high of $50.79. The business’s fifty day moving average price is $50.67 and its 200-day moving average price is $50.67.

JPMorgan Ultra-Short Income ETF Cuts Dividend

The company also recently announced a monthly dividend, which was paid on Wednesday, February 4th. Shareholders 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) dividend on an annualized basis and a yield of 4.1%. JPMorgan Ultra-Short Income ETF’s dividend payout ratio is currently 482.61%.

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.