JPMorgan Short Duration Core Plus ETF (NYSEARCA:JSCP) is Bridgewealth Advisory Group LLC’s 6th Largest Position

Bridgewealth Advisory Group LLC lifted its holdings in shares of JPMorgan Short Duration Core Plus ETF (NYSEARCA:JSCP) by 38.0% during the second quarter, according to the company in its most recent Form 13F filing with the SEC. The fund owned 233,897 shares of the company’s stock after acquiring an additional 64,443 shares during the quarter. JPMorgan Short Duration Core Plus ETF accounts for about 4.8% of Bridgewealth Advisory Group LLC’s investment portfolio, making the stock its 6th biggest position. Bridgewealth Advisory Group LLC owned approximately 2.57% of JPMorgan Short Duration Core Plus ETF worth $10,850,000 as of its most recent SEC filing.

Other institutional investors have also modified their holdings of the company. Tradition Wealth Management LLC increased its holdings in JPMorgan Short Duration Core Plus ETF by 18.2% during the 4th quarter. Tradition Wealth Management LLC now owns 252,899 shares of the company’s stock worth $11,772,000 after purchasing an additional 38,967 shares during the last quarter. Stifel Financial Corp bought a new stake in shares of JPMorgan Short Duration Core Plus ETF in the fourth quarter worth $5,764,000. Middleton & Co. Inc. MA acquired a new stake in JPMorgan Short Duration Core Plus ETF in the second quarter valued at $246,000. Wealth Enhancement Advisory Services LLC acquired a new stake in JPMorgan Short Duration Core Plus ETF in the second quarter valued at $31,409,000. Finally, Norway Savings Bank boosted its stake in JPMorgan Short Duration Core Plus ETF by 29.6% during the 1st quarter. Norway Savings Bank now owns 67,939 shares of the company’s stock valued at $3,161,000 after acquiring an additional 15,536 shares during the last quarter.

JPMorgan Short Duration Core Plus ETF Price Performance

Shares of JSCP stock opened at $47.57 on Friday. The firm has a fifty day moving average of $47.08 and a two-hundred day moving average of $46.54. The firm has a market cap of $433.32 million, a P/E ratio of 7.97 and a beta of 0.06. JPMorgan Short Duration Core Plus ETF has a 1-year low of $44.83 and a 1-year high of $47.58.

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.