Raymond James & Associates Has $59.26 Million Stake in JPMorgan Ultra-Short Income ETF (JPST)

Raymond James & Associates grew its position in JPMorgan Ultra-Short Income ETF (BATS:JPST) by 30.8% in the 1st quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The firm owned 1,178,042 shares of the company’s stock after buying an additional 277,222 shares during the period. Raymond James & Associates’ holdings in JPMorgan Ultra-Short Income ETF were worth $59,256,000 as of its most recent SEC filing.

Several other institutional investors have also recently bought and sold shares of the company. Bank of America Corp DE grew its stake in shares of JPMorgan Ultra-Short Income ETF by 188.8% in the 4th quarter. Bank of America Corp DE now owns 8,672,647 shares of the company’s stock valued at $434,760,000 after buying an additional 5,669,288 shares during the period. Hanson McClain Inc. grew its stake in shares of JPMorgan Ultra-Short Income ETF by 22.9% in the 4th quarter. Hanson McClain Inc. now owns 4,351,533 shares of the company’s stock valued at $218,142,000 after buying an additional 810,543 shares during the period. Morgan Stanley grew its stake in shares of JPMorgan Ultra-Short Income ETF by 84.2% in the 3rd quarter. Morgan Stanley now owns 3,116,031 shares of the company’s stock valued at $156,268,000 after buying an additional 1,424,461 shares during the period. Raymond James Financial Services Advisors Inc. grew its stake in shares of JPMorgan Ultra-Short Income ETF by 245.2% in the 4th quarter. Raymond James Financial Services Advisors Inc. now owns 1,233,250 shares of the company’s stock valued at $61,823,000 after buying an additional 875,967 shares during the period. Finally, Cambridge Investment Research Advisors Inc. grew its stake in shares of JPMorgan Ultra-Short Income ETF by 501.5% in the 4th quarter. Cambridge Investment Research Advisors Inc. now owns 1,195,085 shares of the company’s stock valued at $59,910,000 after buying an additional 996,392 shares during the period.

Shares of JPMorgan Ultra-Short Income ETF stock remained flat at $$50.40 during mid-day trading on Thursday. 2,037,803 shares of the stock traded hands.

The company also recently declared a monthly dividend, which was paid on Friday, May 3rd. Stockholders of record on Wednesday, May 1st were paid a $0.125 dividend. This is a boost from JPMorgan Ultra-Short Income ETF’s previous monthly dividend of $0.11. The ex-dividend date was Tuesday, April 30th. This represents a $1.50 annualized dividend and a dividend yield of 2.98%.

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Institutional Ownership by Quarter for JPMorgan Ultra-Short Income ETF (BATS:JPST)

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