TD Waterhouse Canada Inc. Has $6.03 Million Position in JPMorgan Ultra-Short Income ETF $JPST

TD Waterhouse Canada Inc. cut its holdings in JPMorgan Ultra-Short Income ETF (NYSEARCA:JPST) by 9.2% during the fourth quarter, according to the company in its most recent Form 13F filing with the SEC. The fund owned 119,160 shares of the company’s stock after selling 12,120 shares during the quarter. TD Waterhouse Canada Inc.’s holdings in JPMorgan Ultra-Short Income ETF were worth $6,028,000 as of its most recent SEC filing.

Other institutional investors have also recently bought and sold shares of the company. Sandy Cove Advisors LLC grew its position in shares of JPMorgan Ultra-Short Income ETF by 3,571.4% during the 3rd quarter. Sandy Cove Advisors LLC now owns 150,711 shares of the company’s stock worth $7,646,000 after buying an additional 146,606 shares during the period. AE Wealth Management LLC raised its position in shares of JPMorgan Ultra-Short Income ETF by 3.9% in the 3rd quarter. AE Wealth Management LLC now owns 336,526 shares of the company’s stock valued at $17,072,000 after acquiring an additional 12,743 shares during the period. Beacon Financial Advisory LLC boosted its stake 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 acquiring an additional 12,895 shares during the last quarter. Allen Capital Group LLC boosted its stake in 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 acquiring an additional 34,921 shares during the last quarter. Finally, Mezzasalma Advisors LLC grew its holdings in JPMorgan Ultra-Short Income ETF by 70.9% during the fourth quarter. Mezzasalma Advisors LLC now owns 80,646 shares of the company’s stock valued at $4,082,000 after purchasing an additional 33,446 shares during the period. Institutional investors and hedge funds own 2.17% of the company’s stock.

JPMorgan Ultra-Short Income ETF Stock Performance

JPST opened at $50.56 on Wednesday. The firm’s fifty day moving average is $50.58 and its two-hundred day moving average is $50.64. The firm has a market cap of $37.82 billion, a PE ratio of 109.91 and a beta of 0.01. JPMorgan Ultra-Short Income ETF has a twelve month low of $50.41 and a twelve month high of $50.79.

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. The ex-dividend date was Monday, February 2nd. This represents a c) dividend on an annualized basis and a dividend yield of 4.1%. JPMorgan Ultra-Short Income ETF’s dividend payout ratio is currently 473.91%.

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.