JPMorgan Short Duration Core Plus ETF $JSCP Stock Position Lifted by Jones Financial Companies Lllp

Jones Financial Companies Lllp boosted its stake in JPMorgan Short Duration Core Plus ETF (NYSEARCA:JSCP) by 114.4% in the third quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The institutional investor owned 46,310 shares of the company’s stock after buying an additional 24,709 shares during the quarter. Jones Financial Companies Lllp’s holdings in JPMorgan Short Duration Core Plus ETF were worth $2,203,000 at the end of the most recent quarter.

A number of other institutional investors also recently modified their holdings of the stock. Northwestern Mutual Wealth Management Co. acquired a new position in shares of JPMorgan Short Duration Core Plus ETF in the second quarter worth $77,000. Geneos Wealth Management Inc. grew its stake in JPMorgan Short Duration Core Plus ETF by 13.3% in the third quarter. Geneos Wealth Management Inc. now owns 3,400 shares of the company’s stock valued at $162,000 after purchasing an additional 400 shares in the last quarter. Salomon & Ludwin LLC acquired a new position in JPMorgan Short Duration Core Plus ETF in the 3rd quarter worth about $174,000. Barnes Wealth Management Group Inc increased its position in JPMorgan Short Duration Core Plus ETF by 6.1% in the 2nd quarter. Barnes Wealth Management Group Inc now owns 4,694 shares of the company’s stock worth $223,000 after purchasing an additional 268 shares during the last quarter. Finally, PNC Financial Services Group Inc. raised its stake in shares of JPMorgan Short Duration Core Plus ETF by 19.4% during the 2nd quarter. PNC Financial Services Group Inc. now owns 5,147 shares of the company’s stock worth $244,000 after purchasing an additional 838 shares in the last quarter.

JPMorgan Short Duration Core Plus ETF Price Performance

Shares of JPMorgan Short Duration Core Plus ETF stock opened at $47.60 on Monday. The firm has a market cap of $1.28 billion, a price-to-earnings ratio of 8.12 and a beta of 0.13. The stock has a 50-day simple moving average of $47.59 and a 200-day simple moving average of $47.55. JPMorgan Short Duration Core Plus ETF has a 52-week low of $46.42 and a 52-week high of $47.80.

JPMorgan Short Duration Core Plus ETF Cuts Dividend

The firm also recently declared a monthly dividend, which was paid on Wednesday, February 4th. Stockholders of record on Monday, February 2nd were issued a dividend of $0.1707 per share. The ex-dividend date was Monday, February 2nd. This represents a c) dividend on an annualized basis and a dividend yield of 4.3%.

JPMorgan Short Duration Core Plus ETF Profile

The JPMorgan Short Duration Core Plus ETF (JSCP) is an exchange-traded fund that mostly invests in broad credit fixed income. The fund is an actively managed fund that invests in a portfolio of global fixed income securities of varying credit quality, and aims for a duration of three years or less. JSCP was launched on Mar 1, 2021 and is managed by JPMorgan Chase.