JPMorgan Short Duration Core Plus ETF $JSCP Shares Purchased by HighTower Advisors LLC

HighTower Advisors LLC increased its holdings in shares of JPMorgan Short Duration Core Plus ETF (NYSEARCA:JSCP) by 4.2% during the 3rd quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The firm owned 269,350 shares of the company’s stock after buying an additional 10,926 shares during the period. HighTower Advisors LLC owned about 1.36% of JPMorgan Short Duration Core Plus ETF worth $12,824,000 at the end of the most recent quarter.

Several other hedge funds and other institutional investors also recently added to or reduced their stakes in the business. Northwestern Mutual Wealth Management Co. purchased a new stake in shares of JPMorgan Short Duration Core Plus ETF during the 2nd quarter worth $77,000. Geneos Wealth Management Inc. lifted its holdings in JPMorgan Short Duration Core Plus ETF by 13.3% during the 3rd quarter. Geneos Wealth Management Inc. now owns 3,400 shares of the company’s stock worth $162,000 after buying an additional 400 shares during the last quarter. Salomon & Ludwin LLC purchased a new stake in JPMorgan Short Duration Core Plus ETF during the 3rd quarter worth about $174,000. Barnes Wealth Management Group Inc boosted its position in shares of JPMorgan Short Duration Core Plus ETF by 6.1% during the 2nd quarter. Barnes Wealth Management Group Inc now owns 4,694 shares of the company’s stock worth $223,000 after acquiring an additional 268 shares in the last quarter. Finally, PNC Financial Services Group Inc. increased its holdings in shares of JPMorgan Short Duration Core Plus ETF by 19.4% in the 2nd quarter. PNC Financial Services Group Inc. now owns 5,147 shares of the company’s stock valued at $244,000 after acquiring an additional 838 shares during the last quarter.

JPMorgan Short Duration Core Plus ETF Stock Up 0.0%

JSCP stock opened at $47.76 on Friday. The business has a 50 day moving average price of $47.63 and a 200 day moving average price of $47.58. The stock has a market cap of $1.28 billion, a price-to-earnings ratio of 8.12 and a beta of 0.13. JPMorgan Short Duration Core Plus ETF has a fifty-two week low of $46.42 and a fifty-two week high of $47.80.

JPMorgan Short Duration Core Plus ETF Cuts Dividend

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

About JPMorgan Short Duration Core Plus ETF

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.