JPMorgan Ultra-Short Income ETF $JPST Shares Acquired by Diversified Trust Co.

Diversified Trust Co. lifted its holdings in JPMorgan Ultra-Short Income ETF (NYSEARCA:JPST) by 511.6% during the fourth quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 38,899 shares of the company’s stock after buying an additional 32,539 shares during the quarter. Diversified Trust Co.’s holdings in JPMorgan Ultra-Short Income ETF were worth $1,968,000 as of its most recent SEC filing.

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

JPMorgan Ultra-Short Income ETF Stock Up 0.0%

Shares of NYSEARCA JPST opened at $50.56 on Thursday. The stock has a market capitalization of $36.28 billion, a price-to-earnings ratio of 109.91 and a beta of 0.01. 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 50-day moving average price of $50.65 and a 200 day moving average price of $50.66.

JPMorgan Ultra-Short Income ETF Cuts Dividend

The business also recently announced a monthly dividend, which was paid on Wednesday, February 4th. Shareholders of record on Monday, February 2nd were issued 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 yield of 4.1%. JPMorgan Ultra-Short Income ETF’s dividend payout ratio (DPR) is 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.