Canvas Wealth Advisors LLC Buys 9,982 Shares of JPMorgan Ultra-Short Income ETF $JPST

Canvas Wealth Advisors LLC increased its position in shares of JPMorgan Ultra-Short Income ETF (NYSEARCA:JPST) by 18.1% during the 4th quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The fund owned 65,155 shares of the company’s stock after acquiring an additional 9,982 shares during the quarter. Canvas Wealth Advisors LLC’s holdings in JPMorgan Ultra-Short Income ETF were worth $3,308,000 as of its most recent SEC filing.

Other institutional investors have also recently bought and sold shares of the company. Rossmore Private Capital acquired a new stake in JPMorgan Ultra-Short Income ETF in the third quarter worth $25,000. Cardiff Park Advisors LLC bought a new position in shares of JPMorgan Ultra-Short Income ETF during the third quarter worth $25,000. MGB Wealth Management LLC acquired a new position in shares of JPMorgan Ultra-Short Income ETF in the 3rd quarter valued at $30,000. Brentview Investment Management LLC acquired a new position in shares of JPMorgan Ultra-Short Income ETF in the 2nd quarter valued at $35,000. Finally, Silicon Valley Capital Partners bought a new stake in shares of JPMorgan Ultra-Short Income ETF in the 2nd quarter valued at $37,000. Institutional investors and hedge funds own 2.17% of the company’s stock.

JPMorgan Ultra-Short Income ETF Trading Up 0.0%

Shares of JPMorgan Ultra-Short Income ETF stock opened at $50.56 on Thursday. The company has a market capitalization of $36.28 billion, a PE ratio of 109.91 and a beta of 0.01. JPMorgan Ultra-Short Income ETF has a 12 month low of $50.30 and a 12 month high of $50.79. The stock’s fifty day simple moving average is $50.65 and its 200 day simple moving average is $50.66.

JPMorgan Ultra-Short Income ETF Cuts Dividend

The firm also recently declared a monthly dividend, which was paid on Wednesday, February 4th. Shareholders of record on Monday, February 2nd were issued a $0.172 dividend. This represents a c) annualized dividend and a dividend yield of 4.1%. The ex-dividend date was Monday, February 2nd. JPMorgan Ultra-Short Income ETF’s dividend payout ratio is 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.