JPMorgan Ultra-Short Income ETF $JPST Shares Bought by TD Capital Management LLC

TD Capital Management LLC increased its holdings in JPMorgan Ultra-Short Income ETF (NYSEARCA:JPST) by 16.3% in the 3rd quarter, according to its most recent 13F filing with the SEC. The firm owned 264,013 shares of the company’s stock after buying an additional 37,056 shares during the period. JPMorgan Ultra-Short Income ETF comprises approximately 1.2% of TD Capital Management LLC’s holdings, making the stock its 21st biggest position. TD Capital Management LLC’s holdings in JPMorgan Ultra-Short Income ETF were worth $13,393,000 as of its most recent SEC filing.

Other institutional investors have also modified their holdings of the company. Cherry Tree Wealth Management LLC lifted its holdings in JPMorgan Ultra-Short Income ETF by 13.4% in the third quarter. Cherry Tree Wealth Management LLC now owns 25,509 shares of the company’s stock worth $1,294,000 after acquiring an additional 3,021 shares during the last quarter. CIBC Private Wealth Group LLC grew its holdings in shares of JPMorgan Ultra-Short Income ETF by 27.9% during the third quarter. CIBC Private Wealth Group LLC now owns 2,478 shares of the company’s stock valued at $126,000 after purchasing an additional 540 shares during the last quarter. Maple Capital Management Inc. raised its position in shares of JPMorgan Ultra-Short Income ETF by 7.8% during the 3rd quarter. Maple Capital Management Inc. now owns 31,792 shares of the company’s stock worth $1,613,000 after purchasing an additional 2,301 shares during the period. PCG Asset Management LLC raised its position in shares of JPMorgan Ultra-Short Income ETF by 19.7% during the 3rd quarter. PCG Asset Management LLC now owns 31,800 shares of the company’s stock worth $1,613,000 after purchasing an additional 5,225 shares during the period. Finally, Faithward Advisors LLC lifted its holdings in shares of JPMorgan Ultra-Short Income ETF by 7.6% in the 3rd quarter. Faithward Advisors LLC now owns 8,642 shares of the company’s stock worth $438,000 after purchasing an additional 612 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 $50.57 on Wednesday. JPMorgan Ultra-Short Income ETF has a 12-month low of $50.30 and a 12-month high of $50.79. The firm has a market capitalization of $36.29 billion, a P/E ratio of 109.93 and a beta of 0.01. The business has a 50 day simple moving average of $50.66 and a 200 day simple moving average of $50.67.

JPMorgan Ultra-Short Income ETF Cuts Dividend

The business also recently announced a monthly dividend, which was paid on Wednesday, March 4th. Shareholders of record on Monday, March 2nd were paid a $0.1648 dividend. This represents a c) dividend on an annualized basis and a yield of 3.9%. The ex-dividend date was Monday, March 2nd. JPMorgan Ultra-Short Income ETF’s dividend payout ratio (DPR) 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.