JPMorgan Short Duration Core Plus ETF $JSCP Stake Lowered by BCGM Wealth Management LLC

BCGM Wealth Management LLC decreased its stake in JPMorgan Short Duration Core Plus ETF (NYSEARCA:JSCP) by 59.6% during the 4th quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The fund owned 10,782 shares of the company’s stock after selling 15,886 shares during the period. BCGM Wealth Management LLC’s holdings in JPMorgan Short Duration Core Plus ETF were worth $513,000 at the end of the most recent reporting period.

A number of other hedge funds and other institutional investors have also added to or reduced their stakes in JSCP. Jane Street Group LLC acquired a new position in shares of JPMorgan Short Duration Core Plus ETF during the first quarter valued at $3,192,000. Envestnet Asset Management Inc. grew its position in shares of JPMorgan Short Duration Core Plus ETF by 18.8% during the second quarter. Envestnet Asset Management Inc. now owns 16,644 shares of the company’s stock worth $790,000 after acquiring an additional 2,633 shares during the last quarter. 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 worth $244,000 after acquiring an additional 838 shares during the period. JPMorgan Chase & Co. lifted its position in JPMorgan Short Duration Core Plus ETF by 1.6% in the 2nd quarter. JPMorgan Chase & Co. now owns 1,398,693 shares of the company’s stock valued at $66,354,000 after purchasing an additional 22,357 shares during the last quarter. Finally, Barnes Pettey Financial Advisors LLC bought a new stake in JPMorgan Short Duration Core Plus ETF in the 2nd quarter valued at about $551,000.

JPMorgan Short Duration Core Plus ETF Stock Down 0.3%

JPMorgan Short Duration Core Plus ETF stock opened at $47.13 on Friday. JPMorgan Short Duration Core Plus ETF has a 52-week low of $46.42 and a 52-week high of $47.87. The firm has a market capitalization of $1.26 billion, a price-to-earnings ratio of 8.12 and a beta of 0.13. The firm has a 50-day moving average price of $47.58 and a two-hundred day moving average price of $47.59.

JPMorgan Short Duration Core Plus ETF Cuts Dividend

The firm also recently disclosed a monthly dividend, which was paid on Wednesday, March 4th. Stockholders of record on Monday, March 2nd were given a dividend of $0.1703 per share. The ex-dividend date was Monday, March 2nd. This represents a c) annualized dividend 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.