JPMorgan Ultra-Short Income ETF $JPST Shares Purchased by Matthew Goff Investment Advisor LLC

Matthew Goff Investment Advisor LLC raised its stake in JPMorgan Ultra-Short Income ETF (NYSEARCA:JPST) by 62.7% during the 4th quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The firm owned 238,607 shares of the company’s stock after purchasing an additional 91,981 shares during the quarter. JPMorgan Ultra-Short Income ETF comprises about 2.0% of Matthew Goff Investment Advisor LLC’s investment portfolio, making the stock its 16th biggest position. Matthew Goff Investment Advisor LLC’s holdings in JPMorgan Ultra-Short Income ETF were worth $12,071,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

A number of other hedge funds and other institutional investors also recently modified their holdings of JPST. Archer Investment Corp boosted its position in shares of JPMorgan Ultra-Short Income ETF by 11.2% in the third quarter. Archer Investment Corp now owns 1,991 shares of the company’s stock worth $101,000 after buying an additional 200 shares during the period. Lakeridge Wealth Management LLC raised its holdings in shares of JPMorgan Ultra-Short Income ETF by 4.5% during the 4th quarter. Lakeridge Wealth Management LLC now owns 4,770 shares of the company’s stock valued at $241,000 after buying an additional 206 shares during the period. Sax Wealth Advisors LLC lifted its position in JPMorgan Ultra-Short Income ETF by 2.7% during the 3rd quarter. Sax Wealth Advisors LLC now owns 8,306 shares of the company’s stock worth $421,000 after acquiring an additional 220 shares in the last quarter. Lantern Wealth Advisors LLC boosted its holdings in JPMorgan Ultra-Short Income ETF by 5.0% in the 3rd quarter. Lantern Wealth Advisors LLC now owns 4,721 shares of the company’s stock worth $240,000 after acquiring an additional 226 shares during the period. Finally, Condor Capital Management grew its position in JPMorgan Ultra-Short Income ETF by 1.6% in the third quarter. Condor Capital Management now owns 14,607 shares of the company’s stock valued at $741,000 after acquiring an additional 231 shares in the last quarter. Institutional investors and hedge funds own 2.17% of the company’s stock.

JPMorgan Ultra-Short Income ETF Price Performance

JPST opened at $50.53 on Monday. The firm’s 50 day moving average is $50.64 and its 200-day moving average is $50.66. JPMorgan Ultra-Short Income ETF has a 52-week low of $50.30 and a 52-week high of $50.79. The firm has a market capitalization of $36.26 billion, a P/E ratio of 109.85 and a beta of 0.01.

JPMorgan Ultra-Short Income ETF Cuts Dividend

The company also recently declared a monthly dividend, which was paid on Wednesday, February 4th. Investors of record on Monday, February 2nd were issued a dividend of $0.172 per share. 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 (DPR) is presently 478.26%.

JPMorgan Ultra-Short Income ETF 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.