American Money Management LLC Grows Holdings in JPMorgan Core Plus Bond ETF (BATS:JCPB)

American Money Management LLC lifted its holdings in shares of JPMorgan Core Plus Bond ETF (BATS:JCPB) by 15.7% in the 4th quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission (SEC). The institutional investor owned 369,806 shares of the company’s stock after acquiring an additional 50,300 shares during the period. JPMorgan Core Plus Bond ETF makes up 3.3% of American Money Management LLC’s holdings, making the stock its 6th biggest holding. American Money Management LLC owned 0.57% of JPMorgan Core Plus Bond ETF worth $17,037,000 as of its most recent SEC filing.

Other institutional investors and hedge funds also recently made changes to their positions in the company. Contravisory Investment Management Inc. purchased a new stake in shares of JPMorgan Core Plus Bond ETF in the fourth quarter worth approximately $25,000. Transcendent Capital Group LLC bought a new stake in JPMorgan Core Plus Bond ETF during the fourth quarter worth $33,000. Wintrust Investments LLC bought a new position in JPMorgan Core Plus Bond ETF during the 4th quarter valued at $40,000. Hantz Financial Services Inc. lifted its stake in JPMorgan Core Plus Bond ETF by 23,350.0% during the 4th quarter. Hantz Financial Services Inc. now owns 938 shares of the company’s stock valued at $43,000 after acquiring an additional 934 shares in the last quarter. Finally, OLD Point Trust & Financial Services N A purchased a new position in JPMorgan Core Plus Bond ETF during the 4th quarter worth $46,000.

JPMorgan Core Plus Bond ETF Price Performance

Shares of JCPB stock opened at $46.94 on Friday. The firm has a 50-day moving average of $46.62 and a 200-day moving average of $46.84. JPMorgan Core Plus Bond ETF has a one year low of $44.30 and a one year high of $48.54. The company has a market cap of $5.94 billion, a P/E ratio of 60.64 and a beta of 0.22.

JPMorgan Core Plus Bond ETF Cuts Dividend

The company also recently disclosed a dividend, which was paid on Wednesday, March 5th. Shareholders of record on Monday, March 3rd were paid a $0.1873 dividend. The ex-dividend date of this dividend was Monday, March 3rd.

About JPMorgan Core Plus Bond ETF

The JPMorgan Core Plus Bond ETF (JCPB) is an exchange-traded fund that is based on the Bloomberg Global Aggregate Bond index. The fund is an actively-managed ETF consisting of a broad array of fixed income securities. JCPB was launched on Jan 28, 2019 and is managed by JPMorgan Chase.