TD Capital Management LLC Has $10.24 Million Stake in JPMorgan Ultra-Short Income ETF (NYSEARCA:JPST)

TD Capital Management LLC trimmed its position in JPMorgan Ultra-Short Income ETF (NYSEARCA:JPST) by 6.5% during the fourth quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission (SEC). The institutional investor owned 203,374 shares of the company’s stock after selling 14,073 shares during the period. JPMorgan Ultra-Short Income ETF makes up approximately 1.0% of TD Capital Management LLC’s investment portfolio, making the stock its 22nd largest holding. TD Capital Management LLC’s holdings in JPMorgan Ultra-Short Income ETF were worth $10,244,000 at the end of the most recent reporting period.

Other hedge funds and other institutional investors have also modified their holdings of the company. Guardian Wealth Advisors LLC raised its stake in JPMorgan Ultra-Short Income ETF by 25.1% during the fourth quarter. Guardian Wealth Advisors LLC now owns 41,232 shares of the company’s stock worth $2,077,000 after acquiring an additional 8,276 shares in the last quarter. Essex LLC raised its stake in JPMorgan Ultra-Short Income ETF by 5.5% during the fourth quarter. Essex LLC now owns 230,834 shares of the company’s stock worth $11,627,000 after acquiring an additional 12,054 shares in the last quarter. Delta Financial Group Inc. grew its holdings in shares of JPMorgan Ultra-Short Income ETF by 265.1% during the fourth quarter. Delta Financial Group Inc. now owns 88,683 shares of the company’s stock worth $4,467,000 after purchasing an additional 64,393 shares during the last quarter. Bridgewater Advisors Inc. grew its holdings in shares of JPMorgan Ultra-Short Income ETF by 11.2% during the fourth quarter. Bridgewater Advisors Inc. now owns 1,922,583 shares of the company’s stock worth $96,956,000 after purchasing an additional 193,580 shares during the last quarter. Finally, SMART Wealth LLC grew its holdings in shares of JPMorgan Ultra-Short Income ETF by 56.9% during the fourth quarter. SMART Wealth LLC now owns 76,777 shares of the company’s stock worth $3,867,000 after purchasing an additional 27,837 shares during the last quarter.

JPMorgan Ultra-Short Income ETF Stock Performance

NYSEARCA:JPST opened at $50.60 on Friday. The stock’s 50-day moving average is $50.49 and its 200-day moving average is $50.53. JPMorgan Ultra-Short Income ETF has a 1-year low of $50.20 and a 1-year high of $50.75.

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.