Stuart Chaussee & Associates Inc. acquired a new stake in JPMorgan Ultra-Short Income ETF (BATS:JPST) during the fourth quarter, HoldingsChannel reports. The institutional investor acquired 619,540 shares of the company’s stock, valued at approximately $31,058,000. JPMorgan Ultra-Short Income ETF accounts for 23.7% of Stuart Chaussee & Associates Inc.’s portfolio, making the stock its 2nd largest position.

A number of other institutional investors also recently bought and sold shares of the stock. Morgan Stanley grew its stake in shares of JPMorgan Ultra-Short Income ETF by 84.2% in the third quarter. Morgan Stanley now owns 3,116,031 shares of the company’s stock valued at $156,268,000 after buying an additional 1,424,461 shares in the last quarter. Bank of America Corp DE increased its position in JPMorgan Ultra-Short Income ETF by 573.1% during the 2nd quarter. Bank of America Corp DE now owns 1,572,200 shares of the company’s stock worth $78,767,000 after purchasing an additional 1,338,621 shares during the period. FMR LLC acquired a new stake in shares of JPMorgan Ultra-Short Income ETF in the 3rd quarter worth approximately $64,939,000. Signaturefd LLC acquired a new stake in JPMorgan Ultra-Short Income ETF during the 3rd quarter valued at $62,912,000. Finally, Hanson McClain Inc. grew its holdings in JPMorgan Ultra-Short Income ETF by 30.5% during the 3rd quarter. Hanson McClain Inc. now owns 3,540,990 shares of the company’s stock valued at $177,581,000 after buying an additional 827,070 shares during the last quarter.

BATS JPST remained flat at $$50.18 during trading hours on Friday. 1,357,485 shares of the company’s stock were exchanged.

The firm also recently declared a monthly dividend, which was paid on Thursday, January 3rd. Shareholders of record on Monday, December 31st were given a $0.1116 dividend. This is a positive change from JPMorgan Ultra-Short Income ETF’s previous monthly dividend of $0.10. The ex-dividend date was Friday, December 28th. This represents a $1.34 annualized dividend and a yield of 2.67%.

TRADEMARK VIOLATION WARNING: “619,540 Shares in JPMorgan Ultra-Short Income ETF (JPST) Purchased by Stuart Chaussee & Associates Inc.” was posted by The Cerbat Gem and is the property of of The Cerbat Gem. If you are viewing this article on another website, it was stolen and republished in violation of US & international copyright and trademark laws. The original version of this article can be read at https://www.thecerbatgem.com/2019/01/11/619540-shares-in-jpmorgan-ultra-short-income-etf-jpst-purchased-by-stuart-chaussee-associates-inc.html.

Recommended Story: Trading Strategy Examples and Plans

Want to see what other hedge funds are holding JPST? Visit HoldingsChannel.com to get the latest 13F filings and insider trades for JPMorgan Ultra-Short Income ETF (BATS:JPST).

Institutional Ownership by Quarter for JPMorgan Ultra-Short Income ETF (BATS:JPST)

Receive News & Ratings for JPMorgan Ultra-Short Income ETF Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for JPMorgan Ultra-Short Income ETF and related companies with MarketBeat.com's FREE daily email newsletter.