Stratos Wealth Partners LTD. Boosts Holdings in JPMorgan Ultra-Short Income ETF $JPST

Stratos Wealth Partners LTD. lifted its position in shares of JPMorgan Ultra-Short Income ETF (NYSEARCA:JPST) by 3.4% during the fourth quarter, according to its most recent Form 13F filing with the SEC. The institutional investor owned 386,935 shares of the company’s stock after purchasing an additional 12,757 shares during the period. Stratos Wealth Partners LTD. owned about 0.05% of JPMorgan Ultra-Short Income ETF worth $19,575,000 at the end of the most recent reporting period.

Other institutional investors and hedge funds have also made changes to their positions in the company. Cardiff Park Advisors LLC acquired a new position in JPMorgan Ultra-Short Income ETF during the third quarter worth approximately $25,000. Rossmore Private Capital acquired a new stake in shares of JPMorgan Ultra-Short Income ETF in the third quarter valued at approximately $25,000. MGB Wealth Management LLC acquired a new stake in shares of JPMorgan Ultra-Short Income ETF in the third quarter valued at approximately $30,000. Silicon Valley Capital Partners purchased a new position in shares of JPMorgan Ultra-Short Income ETF during the second quarter worth approximately $37,000. Finally, American National Bank & Trust purchased a new position in shares of JPMorgan Ultra-Short Income ETF during the third quarter worth approximately $38,000. 2.17% of the stock is owned by hedge funds and other institutional investors.

JPMorgan Ultra-Short Income ETF Stock Performance

NYSEARCA JPST opened at $50.46 on Friday. The firm’s fifty day moving average is $50.62 and its two-hundred day moving average is $50.66. JPMorgan Ultra-Short Income ETF has a one year low of $50.30 and a one year high of $50.79. The firm has a market cap of $37.42 billion, a PE ratio of 109.70 and a beta of 0.01.

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 yield of 4.1%. JPMorgan Ultra-Short Income ETF’s dividend payout ratio (DPR) is presently 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.