JPMorgan Ultra-Short Income ETF $JPST Holdings Increased by Woodside Wealth Management LLC

Woodside Wealth Management LLC raised its holdings in shares of JPMorgan Ultra-Short Income ETF (NYSEARCA:JPST) by 13.5% in the 4th quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission. The fund owned 86,085 shares of the company’s stock after purchasing an additional 10,215 shares during the quarter. JPMorgan Ultra-Short Income ETF accounts for approximately 3.3% of Woodside Wealth Management LLC’s investment portfolio, making the stock its 9th largest holding. Woodside Wealth Management LLC’s holdings in JPMorgan Ultra-Short Income ETF were worth $4,355,000 as of its most recent SEC filing.

Other large investors have also recently made changes to their positions in the company. JPMorgan Chase & Co. increased its stake in JPMorgan Ultra-Short Income ETF by 8.8% in the 3rd quarter. JPMorgan Chase & Co. now owns 96,742,823 shares of the company’s stock worth $4,907,764,000 after buying an additional 7,786,258 shares during the period. Temasek Holdings Private Ltd bought a new position in JPMorgan Ultra-Short Income ETF in the 3rd quarter worth about $300,296,000. Bank of America Corp DE increased its position in shares of JPMorgan Ultra-Short Income ETF by 15.3% during the second quarter. Bank of America Corp DE now owns 16,306,977 shares of the company’s stock worth $826,438,000 after acquiring an additional 2,162,615 shares during the period. Kensington Asset Management LLC increased its position in shares of JPMorgan Ultra-Short Income ETF by 1,382.7% during the third quarter. Kensington Asset Management LLC now owns 1,080,232 shares of the company’s stock worth $54,800,000 after acquiring an additional 1,007,375 shares during the period. Finally, Adventist Health System Sunbelt Healthcare Corp raised its stake in shares of JPMorgan Ultra-Short Income ETF by 89.2% during the third quarter. Adventist Health System Sunbelt Healthcare Corp now owns 1,891,700 shares of the company’s stock valued at $95,966,000 after acquiring an additional 891,700 shares in the last quarter. 2.17% of the stock is owned by hedge funds and other institutional investors.

JPMorgan Ultra-Short Income ETF Stock Performance

Shares of NYSEARCA JPST opened at $50.59 on Wednesday. The firm has a market capitalization of $37.60 billion, a price-to-earnings ratio of 109.98 and a beta of 0.01. The stock has a 50 day moving average price of $50.57 and a 200 day moving average price of $50.64. JPMorgan Ultra-Short Income ETF has a 52-week low of $50.41 and a 52-week high of $50.79.

JPMorgan Ultra-Short Income ETF Cuts Dividend

The company 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. 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 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.