Bright Futures Wealth Management LLC. Takes $1.44 Million Position in JPMorgan USD Emerging Markets Sovereign Bond ETF $JPMB

Bright Futures Wealth Management LLC. purchased a new position in shares of JPMorgan USD Emerging Markets Sovereign Bond ETF (NYSEARCA:JPMB) during the third quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The firm purchased 35,763 shares of the company’s stock, valued at approximately $1,443,000. JPMorgan USD Emerging Markets Sovereign Bond ETF comprises approximately 1.1% of Bright Futures Wealth Management LLC.’s holdings, making the stock its 27th biggest position. Bright Futures Wealth Management LLC. owned about 2.75% of JPMorgan USD Emerging Markets Sovereign Bond ETF at the end of the most recent quarter.

Other institutional investors have also recently added to or reduced their stakes in the company. Mather Group LLC. acquired a new stake in JPMorgan USD Emerging Markets Sovereign Bond ETF during the 3rd quarter worth approximately $28,000. Osaic Holdings Inc. raised its stake in shares of JPMorgan USD Emerging Markets Sovereign Bond ETF by 8.1% during the second quarter. Osaic Holdings Inc. now owns 4,913 shares of the company’s stock worth $191,000 after purchasing an additional 368 shares during the last quarter. Convergence Financial LLC raised its stake in shares of JPMorgan USD Emerging Markets Sovereign Bond ETF by 6.7% during the second quarter. Convergence Financial LLC now owns 8,279 shares of the company’s stock worth $323,000 after purchasing an additional 519 shares during the last quarter. Hsbc Holdings PLC lifted its holdings in shares of JPMorgan USD Emerging Markets Sovereign Bond ETF by 77.2% during the second quarter. Hsbc Holdings PLC now owns 13,766 shares of the company’s stock worth $536,000 after purchasing an additional 5,998 shares during the period. Finally, Pure Financial Advisors LLC grew its position in JPMorgan USD Emerging Markets Sovereign Bond ETF by 3.2% in the 3rd quarter. Pure Financial Advisors LLC now owns 15,828 shares of the company’s stock valued at $639,000 after buying an additional 491 shares during the last quarter.

JPMorgan USD Emerging Markets Sovereign Bond ETF Stock Performance

Shares of JPMorgan USD Emerging Markets Sovereign Bond ETF stock opened at $40.88 on Monday. JPMorgan USD Emerging Markets Sovereign Bond ETF has a one year low of $36.45 and a one year high of $40.90. The firm has a fifty day moving average of $40.51 and a two-hundred day moving average of $40.35.

JPMorgan USD Emerging Markets Sovereign Bond ETF Cuts Dividend

The company also recently declared a monthly dividend, which was paid on Wednesday, February 4th. Investors of record on Monday, February 2nd were issued a dividend of $0.1821 per share. This represents a c) annualized dividend and a yield of 5.3%. The ex-dividend date of this dividend was Monday, February 2nd.

JPMorgan USD Emerging Markets Sovereign Bond ETF Profile

The JPMorgan USD Emerging Markets Sovereign Bond ETF (JPMB) is an exchange-traded fund that mostly invests in broad credit fixed income. The fund tracks an index of USD-denominated sovereign and quasi-sovereign debt securities from emerging markets. Securities are selected and weighted based on fundamental criteria. JPMB was launched on Jan 29, 2018 and is managed by JPMorgan Chase.