Flow Traders U.S. LLC bought a new position in shares of JPMorgan Ultra-Short Income ETF (BATS:JPST) in the third quarter, according to the company in its most recent filing with the Securities and Exchange Commission (SEC). The fund bought 746,951 shares of the company’s stock, valued at approximately $37,460,000. JPMorgan Ultra-Short Income ETF makes up about 4.4% of Flow Traders U.S. LLC’s investment portfolio, making the stock its 4th largest holding.
Several other hedge funds have also recently modified their holdings of JPST. TRUE Private Wealth Advisors purchased a new stake in JPMorgan Ultra-Short Income ETF in the third quarter valued at $101,000. AllSquare Wealth Management LLC purchased a new stake in JPMorgan Ultra-Short Income ETF in the third quarter valued at $160,000. Ken Stern & Associates Inc. purchased a new stake in JPMorgan Ultra-Short Income ETF in the second quarter valued at $200,000. Q3 Asset Management purchased a new stake in JPMorgan Ultra-Short Income ETF in the third quarter valued at $249,000. Finally, Windsor Group LTD purchased a new stake in JPMorgan Ultra-Short Income ETF in the third quarter valued at $250,000.
Shares of JPST opened at $50.15 on Friday.
The firm also recently announced a monthly dividend, which was paid on Wednesday, December 5th. Stockholders of record on Monday, December 3rd were issued a $0.0977 dividend. This represents a $1.17 dividend on an annualized basis and a dividend yield of 2.34%. This is a boost from JPMorgan Ultra-Short Income ETF’s previous monthly dividend of $0.09. The ex-dividend date was Friday, November 30th.
TRADEMARK VIOLATION NOTICE: “Flow Traders U.S. LLC Buys New Position in JPMorgan Ultra-Short Income ETF (JPST)” was originally reported by Dispatch Tribunal and is owned by of Dispatch Tribunal. If you are viewing this news story on another site, it was copied illegally and republished in violation of international trademark & copyright laws. The legal version of this news story can be read at https://www.dispatchtribunal.com/2018/12/07/flow-traders-u-s-llc-buys-new-position-in-jpmorgan-ultra-short-income-etf-jpst.html.
Featured Article: What is the Dow Jones Industrial Average (DJIA)?
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).
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.