Walkner Condon Financial Advisors LLC Grows Stake in JPMorgan Ultra-Short Income ETF $JPST

Walkner Condon Financial Advisors LLC boosted its stake in shares of JPMorgan Ultra-Short Income ETF (NYSEARCA:JPSTFree Report) by 15.0% during the 4th quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The fund owned 82,764 shares of the company’s stock after acquiring an additional 10,799 shares during the quarter. Walkner Condon Financial Advisors LLC’s holdings in JPMorgan Ultra-Short Income ETF were worth $4,186,000 as of its most recent SEC filing.

Other hedge funds and other institutional investors have also added to or reduced their stakes in the company. Millennium Management LLC boosted its holdings in shares of JPMorgan Ultra-Short Income ETF by 23.0% in the 1st quarter. Millennium Management LLC now owns 248,373 shares of the company’s stock worth $12,575,000 after purchasing an additional 46,400 shares during the period. Goldman Sachs Group Inc. bought a new stake in JPMorgan Ultra-Short Income ETF in the first quarter worth $3,603,000. XTX Topco Ltd bought a new stake in JPMorgan Ultra-Short Income ETF in the second quarter worth $384,000. EverSource Wealth Advisors LLC boosted its stake in JPMorgan Ultra-Short Income ETF by 99.6% during the second quarter. EverSource Wealth Advisors LLC now owns 994 shares of the company’s stock worth $50,000 after buying an additional 496 shares during the period. Finally, First Trust Advisors LP bought a new position in JPMorgan Ultra-Short Income ETF during the second quarter valued at $203,000. 2.17% of the stock is currently owned by hedge funds and other institutional investors.

JPMorgan Ultra-Short Income ETF Stock Performance

Shares of JPST opened at $50.46 on Monday. JPMorgan Ultra-Short Income ETF has a twelve month low of $50.30 and a twelve month high of $50.79. The company has a market cap of $37.42 billion, a P/E ratio of 109.70 and a beta of 0.01. The company’s fifty day simple moving average is $50.62 and its 200-day simple moving average is $50.66.

JPMorgan Ultra-Short Income ETF Cuts Dividend

The company also recently disclosed a monthly dividend, which was paid on Wednesday, February 4th. Investors of record on Monday, February 2nd were given a $0.172 dividend. 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 is 473.91%.

JPMorgan Ultra-Short Income ETF Company Profile

(Free Report)

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.

See Also

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Institutional Ownership by Quarter for JPMorgan Ultra-Short Income ETF (NYSEARCA:JPST)

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