Bright Futures Wealth Management LLC. Buys Shares of 35,763 JPMorgan USD Emerging Markets Sovereign Bond ETF $JPMB

Bright Futures Wealth Management LLC. purchased a new stake in JPMorgan USD Emerging Markets Sovereign Bond ETF (NYSEARCA:JPMB) in the third quarter, HoldingsChannel reports. The firm purchased 35,763 shares of the company’s stock, valued at approximately $1,443,000. JPMorgan USD Emerging Markets Sovereign Bond ETF makes up approximately 1.1% of Bright Futures Wealth Management LLC.’s investment portfolio, making the stock its 27th largest position.

Other institutional investors and hedge funds have also made changes to their positions in the company. Mather Group LLC. acquired a new stake in JPMorgan USD Emerging Markets Sovereign Bond ETF in the 3rd quarter valued at about $28,000. Osaic Holdings Inc. lifted its holdings in shares of JPMorgan USD Emerging Markets Sovereign Bond ETF by 8.1% in the second quarter. Osaic Holdings Inc. now owns 4,913 shares of the company’s stock valued at $191,000 after purchasing an additional 368 shares in the last quarter. Convergence Financial LLC grew its position in shares of JPMorgan USD Emerging Markets Sovereign Bond ETF by 6.7% in the second quarter. Convergence Financial LLC now owns 8,279 shares of the company’s stock valued at $323,000 after purchasing an additional 519 shares during the last quarter. Hsbc Holdings PLC grew its position in shares of JPMorgan USD Emerging Markets Sovereign Bond ETF by 77.2% in the second quarter. Hsbc Holdings PLC now owns 13,766 shares of the company’s stock valued at $536,000 after purchasing an additional 5,998 shares during the last quarter. Finally, Pure Financial Advisors LLC increased its stake in shares of JPMorgan USD Emerging Markets Sovereign Bond ETF by 3.2% during the 3rd quarter. Pure Financial Advisors LLC now owns 15,828 shares of the company’s stock worth $639,000 after purchasing an additional 491 shares in 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 1 year low of $36.45 and a 1 year high of $40.90. The business has a 50 day moving average price of $40.51 and a 200 day moving average price of $40.35.

JPMorgan USD Emerging Markets Sovereign Bond ETF Cuts Dividend

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

About JPMorgan USD Emerging Markets Sovereign Bond ETF

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.