JPMorgan Ultra-Short Income ETF $JPST Shares Bought by San Luis Wealth Advisors LLC

San Luis Wealth Advisors LLC lifted its position in JPMorgan Ultra-Short Income ETF (NYSEARCA:JPST) by 13.7% during the 3rd quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission (SEC). The institutional investor owned 766,685 shares of the company’s stock after acquiring an additional 92,187 shares during the period. JPMorgan Ultra-Short Income ETF comprises approximately 6.8% of San Luis Wealth Advisors LLC’s holdings, making the stock its 2nd largest position. San Luis Wealth Advisors LLC’s holdings in JPMorgan Ultra-Short Income ETF were worth $38,894,000 at the end of the most recent reporting period.

Other large investors have also made changes to their positions in the company. Rossmore Private Capital acquired a new position in JPMorgan Ultra-Short Income ETF in the 3rd quarter worth approximately $25,000. Cardiff Park Advisors LLC purchased a new position in JPMorgan Ultra-Short Income ETF during the 3rd quarter worth approximately $25,000. MGB Wealth Management LLC acquired a new stake in JPMorgan Ultra-Short Income ETF during the 3rd quarter valued at $30,000. Brentview Investment Management LLC acquired a new stake in JPMorgan Ultra-Short Income ETF during the 2nd quarter valued at $35,000. Finally, Silicon Valley Capital Partners purchased a new stake in shares of JPMorgan Ultra-Short Income ETF in the second quarter valued at $37,000. Institutional investors and hedge funds own 2.17% of the company’s stock.

JPMorgan Ultra-Short Income ETF Stock Up 0.1%

Shares of JPMorgan Ultra-Short Income ETF stock opened at $50.57 on Wednesday. The stock has a market cap of $36.29 billion, a PE ratio of 109.93 and a beta of 0.01. The business has a fifty day simple moving average of $50.66 and a 200-day simple moving average of $50.67. JPMorgan Ultra-Short Income ETF has a 12 month low of $50.30 and a 12 month high of $50.79.

JPMorgan Ultra-Short Income ETF Cuts Dividend

The firm also recently disclosed a monthly dividend, which was paid on Wednesday, March 4th. Investors of record on Monday, March 2nd were paid a $0.1648 dividend. This represents a c) annualized dividend and a yield of 3.9%. The ex-dividend date of this dividend was Monday, March 2nd. JPMorgan Ultra-Short Income ETF’s dividend payout ratio is currently 478.26%.

About JPMorgan Ultra-Short Income ETF

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.