Integrated Wealth Concepts LLC Invests $12.97 Million in JPMorgan Short Duration Core Plus ETF $JSCP

Integrated Wealth Concepts LLC acquired a new stake in shares of JPMorgan Short Duration Core Plus ETF (NYSEARCA:JSCP) in the 3rd quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The fund acquired 272,513 shares of the company’s stock, valued at approximately $12,974,000.

Several other institutional investors and hedge funds also recently added to or reduced their stakes in JSCP. Northwestern Mutual Wealth Management Co. purchased a new stake in JPMorgan Short Duration Core Plus ETF during the 2nd quarter valued at $77,000. Geneos Wealth Management Inc. lifted its holdings in shares of 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 valued at $162,000 after buying an additional 400 shares during the period. Salomon & Ludwin LLC purchased a new position in shares of JPMorgan Short Duration Core Plus ETF in the 3rd quarter worth $174,000. Barnes Wealth Management Group Inc grew its holdings in shares of JPMorgan Short Duration Core Plus ETF by 6.1% in the second 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 during the period. Finally, PNC Financial Services Group Inc. grew its holdings in shares of JPMorgan Short Duration Core Plus ETF by 19.4% in the second 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 Short Duration Core Plus ETF Stock Performance

JPMorgan Short Duration Core Plus ETF stock opened at $47.35 on Tuesday. JPMorgan Short Duration Core Plus ETF has a one year low of $46.42 and a one year high of $47.87. The stock has a fifty day moving average of $47.61 and a 200 day moving average of $47.60. The stock has a market cap of $1.27 billion, a PE ratio of 8.12 and a beta of 0.13.

JPMorgan Short Duration Core Plus ETF Cuts Dividend

The company also recently declared a monthly dividend, which was paid on Wednesday, March 4th. Shareholders of record on Monday, March 2nd were paid a dividend of $0.1703 per share. This represents a c) dividend on an annualized basis and a dividend yield of 4.3%. The ex-dividend date was Monday, March 2nd.

JPMorgan Short Duration Core Plus ETF Company 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.