JPMorgan Ultra-Short Income ETF $JPST Shares Purchased by BayBridge Capital Group LLC

BayBridge Capital Group LLC boosted its holdings in shares of JPMorgan Ultra-Short Income ETF (NYSEARCA:JPST) by 20.5% during the 4th quarter, according to its most recent 13F filing with the SEC. The fund owned 89,045 shares of the company’s stock after purchasing an additional 15,124 shares during the period. JPMorgan Ultra-Short Income ETF makes up 2.8% of BayBridge Capital Group LLC’s investment portfolio, making the stock its 8th largest holding. BayBridge Capital Group LLC’s holdings in JPMorgan Ultra-Short Income ETF were worth $4,505,000 as of its most recent SEC filing.

Other institutional investors also recently bought and sold shares of the company. Sandy Cove Advisors LLC increased its stake in shares of JPMorgan Ultra-Short Income ETF by 3,571.4% during the third quarter. Sandy Cove Advisors LLC now owns 150,711 shares of the company’s stock worth $7,646,000 after acquiring an additional 146,606 shares during the period. AE Wealth Management LLC increased its position in JPMorgan Ultra-Short Income ETF by 3.9% during the 3rd quarter. AE Wealth Management LLC now owns 336,526 shares of the company’s stock worth $17,072,000 after purchasing an additional 12,743 shares during the period. Beacon Financial Advisory LLC increased its position in JPMorgan Ultra-Short Income ETF by 13.0% during the 3rd quarter. Beacon Financial Advisory LLC now owns 112,249 shares of the company’s stock worth $5,694,000 after purchasing an additional 12,895 shares during the period. Hershey Financial Advisers LLC purchased a new position in shares of JPMorgan Ultra-Short Income ETF during the 2nd quarter worth approximately $3,946,000. Finally, Allen Capital Group LLC raised its stake in shares of JPMorgan Ultra-Short Income ETF by 16.1% during the 3rd quarter. Allen Capital Group LLC now owns 251,673 shares of the company’s stock worth $12,767,000 after buying an additional 34,921 shares in the last quarter. 2.17% of the stock is currently owned by institutional investors and hedge funds.

JPMorgan Ultra-Short Income ETF Price Performance

JPST opened at $50.46 on Friday. JPMorgan Ultra-Short Income ETF has a 12 month low of $50.30 and a 12 month high of $50.79. The stock has a market capitalization of $37.42 billion, a P/E ratio of 109.70 and a beta of 0.01. The business has a 50 day simple moving average of $50.63 and a 200-day simple moving average of $50.66.

JPMorgan Ultra-Short Income ETF Cuts Dividend

The firm 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.