Rosenberg Matthew Hamilton Has $35.17 Million Position in JPMorgan Ultra-Short Income ETF $JPST

Rosenberg Matthew Hamilton grew its position in JPMorgan Ultra-Short Income ETF (NYSEARCA:JPST) by 5.5% during the fourth quarter, HoldingsChannel reports. The firm owned 695,111 shares of the company’s stock after buying an additional 36,461 shares during the period. JPMorgan Ultra-Short Income ETF comprises approximately 7.3% of Rosenberg Matthew Hamilton’s portfolio, making the stock its 4th largest holding. Rosenberg Matthew Hamilton’s holdings in JPMorgan Ultra-Short Income ETF were worth $35,166,000 as of its most recent SEC filing.

Other large investors also recently modified their holdings of the company. Rossmore Private Capital acquired a new position in JPMorgan Ultra-Short Income ETF in the third quarter valued at $25,000. Cardiff Park Advisors LLC acquired a new stake in JPMorgan Ultra-Short Income ETF during the 3rd quarter worth about $25,000. MGB Wealth Management LLC acquired a new stake in JPMorgan Ultra-Short Income ETF during the 3rd quarter worth about $30,000. Brentview Investment Management LLC acquired a new stake in JPMorgan Ultra-Short Income ETF during the 2nd quarter worth about $35,000. Finally, Silicon Valley Capital Partners bought a new position in shares of JPMorgan Ultra-Short Income ETF in the 2nd quarter worth about $37,000. 2.17% of the stock is currently owned by institutional investors and hedge funds.

JPMorgan Ultra-Short Income ETF Price Performance

Shares of NYSEARCA:JPST opened at $50.56 on Thursday. The company has a market capitalization of $36.28 billion, a price-to-earnings ratio of 109.91 and a beta of 0.01. The business’s 50-day moving average is $50.66 and its 200-day moving average is $50.67. JPMorgan Ultra-Short Income ETF has a 1 year low of $50.30 and a 1 year high of $50.79.

JPMorgan Ultra-Short Income ETF Cuts Dividend

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

JPMorgan Ultra-Short Income ETF Company 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.