Bell Bank Has $468,000 Stake in JPMorgan Ultra-Short Income ETF $JPST

Bell Bank decreased its stake in shares of JPMorgan Ultra-Short Income ETF (NYSEARCA:JPST) by 51.9% during the 4th quarter, according to the company in its most recent filing with the SEC. The firm owned 9,259 shares of the company’s stock after selling 10,000 shares during the quarter. Bell Bank’s holdings in JPMorgan Ultra-Short Income ETF were worth $468,000 as of its most recent filing with the SEC.

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

JPMorgan Ultra-Short Income ETF Price Performance

Shares of JPMorgan Ultra-Short Income ETF stock opened at $50.53 on Friday. The firm has a market capitalization of $36.26 billion, a PE ratio of 109.85 and a beta of 0.01. The company’s fifty day moving average price is $50.64 and its two-hundred day moving average price is $50.66. JPMorgan Ultra-Short Income ETF has a 52-week low of $50.30 and a 52-week high of $50.79.

JPMorgan Ultra-Short Income ETF Cuts Dividend

The firm also recently announced a monthly dividend, which was paid on Wednesday, February 4th. Stockholders of record on Monday, February 2nd were given a dividend of $0.172 per share. 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 payout ratio is 478.26%.

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.