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

TD Waterhouse Canada Inc. lessened its holdings in shares of JPMorgan Ultra-Short Income ETF (NYSEARCA:JPST) by 9.2% during the 4th quarter, according to its most recent disclosure with the SEC. The fund owned 119,160 shares of the company’s stock after selling 12,120 shares during the period. TD Waterhouse Canada Inc.’s holdings in JPMorgan Ultra-Short Income ETF were worth $6,028,000 at the end of the most recent reporting period.

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

JPMorgan Ultra-Short Income ETF Stock Down 0.0%

JPST stock opened at $50.56 on Wednesday. The company has a market cap of $37.82 billion, a P/E 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. The business has a fifty day moving average of $50.58 and a 200-day moving average of $50.64.

JPMorgan Ultra-Short Income ETF Cuts Dividend

The company also recently disclosed a monthly dividend, which was paid on Wednesday, February 4th. Shareholders of record on Monday, February 2nd were issued a dividend of $0.172 per share. This represents a c) annualized dividend and a yield of 4.1%. The ex-dividend date of this dividend was Monday, February 2nd. JPMorgan Ultra-Short Income ETF’s 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.