Thomasville National Bank Has $21.46 Million Stock Holdings in JPMorgan Ultra-Short Income ETF $JPST

Thomasville National Bank increased its position in JPMorgan Ultra-Short Income ETF (NYSEARCA:JPST) by 2.8% in the 4th quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The firm owned 424,130 shares of the company’s stock after buying an additional 11,402 shares during the quarter. JPMorgan Ultra-Short Income ETF accounts for approximately 1.3% of Thomasville National Bank’s investment portfolio, making the stock its 27th largest position. Thomasville National Bank owned approximately 0.06% of JPMorgan Ultra-Short Income ETF worth $21,457,000 at the end of the most recent quarter.

A number of other large investors have also added to or reduced their stakes in the business. Archer Investment Corp boosted its position in JPMorgan Ultra-Short Income ETF by 11.2% during the 3rd quarter. Archer Investment Corp now owns 1,991 shares of the company’s stock worth $101,000 after buying an additional 200 shares during the period. Lakeridge Wealth Management LLC increased its position in JPMorgan Ultra-Short Income ETF by 4.5% in the 4th quarter. Lakeridge Wealth Management LLC now owns 4,770 shares of the company’s stock valued at $241,000 after acquiring an additional 206 shares during the period. Sax Wealth Advisors LLC increased its position in JPMorgan Ultra-Short Income ETF by 2.7% in the 3rd quarter. Sax Wealth Advisors LLC now owns 8,306 shares of the company’s stock valued at $421,000 after acquiring an additional 220 shares during the period. Lantern Wealth Advisors LLC raised its stake in shares of JPMorgan Ultra-Short Income ETF by 5.0% during the third quarter. Lantern Wealth Advisors LLC now owns 4,721 shares of the company’s stock valued at $240,000 after acquiring an additional 226 shares during the last quarter. Finally, Condor Capital Management raised its stake in shares of JPMorgan Ultra-Short Income ETF by 1.6% during the third quarter. Condor Capital Management now owns 14,607 shares of the company’s stock valued at $741,000 after acquiring an additional 231 shares during the last quarter. Institutional investors own 2.17% of the company’s stock.

JPMorgan Ultra-Short Income ETF Stock Performance

Shares of NYSEARCA:JPST opened at $50.52 on Friday. JPMorgan Ultra-Short Income ETF has a 52 week low of $50.41 and a 52 week high of $50.79. The firm has a market cap of $37.83 billion, a PE ratio of 109.83 and a beta of 0.01. The firm’s fifty day moving average is $50.59 and its 200-day moving average is $50.64.

JPMorgan Ultra-Short Income ETF Cuts Dividend

The business also recently declared a monthly dividend, which was paid on Wednesday, February 4th. Shareholders of record on Monday, February 2nd were given a $0.172 dividend. This represents a c) dividend on an annualized basis and a dividend yield of 4.1%. The ex-dividend date was Monday, February 2nd. JPMorgan Ultra-Short Income ETF’s payout ratio is 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.