OneDigital Investment Advisors LLC Buys 66,095 Shares of JPMorgan Ultra-Short Income ETF $JPST

OneDigital Investment Advisors LLC boosted its stake in JPMorgan Ultra-Short Income ETF (NYSEARCA:JPST) by 32.9% during the third quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 267,254 shares of the company’s stock after purchasing an additional 66,095 shares during the quarter. OneDigital Investment Advisors LLC’s holdings in JPMorgan Ultra-Short Income ETF were worth $13,558,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

Several other institutional investors and hedge funds have also recently made changes to their positions in JPST. Millennium Management LLC increased its stake in JPMorgan Ultra-Short Income ETF by 23.0% in the first quarter. Millennium Management LLC now owns 248,373 shares of the company’s stock valued at $12,575,000 after acquiring an additional 46,400 shares during the last quarter. Goldman Sachs Group Inc. purchased a new position in shares of JPMorgan Ultra-Short Income ETF in the 1st quarter worth about $3,603,000. Cullen Frost Bankers Inc. increased its position in shares of JPMorgan Ultra-Short Income ETF by 75.4% during the 2nd quarter. Cullen Frost Bankers Inc. now owns 949 shares of the company’s stock valued at $48,000 after purchasing an additional 408 shares during the last quarter. Focus Partners Advisor Solutions LLC purchased a new position in shares of JPMorgan Ultra-Short Income ETF during the 2nd quarter valued at about $333,000. Finally, Interchange Capital Partners LLC lifted its position in JPMorgan Ultra-Short Income ETF by 31.4% in the 2nd quarter. Interchange Capital Partners LLC now owns 157,643 shares of the company’s stock worth $7,989,000 after buying an additional 37,711 shares during the last quarter. Hedge funds and other institutional investors own 2.17% of the company’s stock.

JPMorgan Ultra-Short Income ETF Price Performance

Shares of JPST opened at $50.73 on Monday. JPMorgan Ultra-Short Income ETF has a 1 year low of $50.30 and a 1 year high of $50.79. The stock has a 50 day simple moving average of $50.68 and a two-hundred day simple moving average of $50.67. The firm has a market cap of $36.41 billion, a P/E ratio of 110.28 and a beta of 0.01.

JPMorgan Ultra-Short Income ETF Cuts Dividend

The firm also recently disclosed a monthly dividend, which was paid on Wednesday, February 4th. Stockholders of record on Monday, February 2nd were paid 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 dividend yield of 4.1%. JPMorgan Ultra-Short Income ETF’s dividend payout ratio is 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.