Bank of America Corp DE Has $384.50 Million Stock Position in JPMorgan Core Plus Bond ETF (BATS:JCPB)

Bank of America Corp DE raised its holdings in shares of JPMorgan Core Plus Bond ETF (BATS:JCPB) by 7.3% during the fourth quarter, HoldingsChannel.com reports. The firm owned 8,345,960 shares of the company’s stock after acquiring an additional 568,425 shares during the quarter. Bank of America Corp DE owned approximately 0.13% of JPMorgan Core Plus Bond ETF worth $384,498,000 at the end of the most recent quarter.

Several other hedge funds also recently modified their holdings of the business. Legacy Wealth Management Inc lifted its holdings in JPMorgan Core Plus Bond ETF by 5.4% in the fourth quarter. Legacy Wealth Management Inc now owns 3,181,469 shares of the company’s stock valued at $146,570,000 after buying an additional 162,386 shares during the period. Raymond James Financial Inc. acquired a new position in shares of JPMorgan Core Plus Bond ETF in the 4th quarter valued at $143,039,000. JPMorgan Chase & Co. boosted its position in shares of JPMorgan Core Plus Bond ETF by 38.8% in the 4th quarter. JPMorgan Chase & Co. now owns 3,100,895 shares of the company’s stock worth $142,858,000 after purchasing an additional 866,519 shares during the last quarter. Grant Street Asset Management Inc. grew its stake in shares of JPMorgan Core Plus Bond ETF by 33.0% during the fourth quarter. Grant Street Asset Management Inc. now owns 2,032,031 shares of the company’s stock worth $93,616,000 after purchasing an additional 503,936 shares during the period. Finally, Janney Montgomery Scott LLC increased its holdings in JPMorgan Core Plus Bond ETF by 16.8% in the fourth quarter. Janney Montgomery Scott LLC now owns 1,928,429 shares of the company’s stock valued at $88,843,000 after purchasing an additional 277,491 shares during the last quarter.

JPMorgan Core Plus Bond ETF Trading Up 1.8 %

BATS:JCPB opened at $46.42 on Wednesday. JPMorgan Core Plus Bond ETF has a 1-year low of $44.30 and a 1-year high of $48.54. The firm has a market capitalization of $6.22 billion, a price-to-earnings ratio of 60.15 and a beta of 0.25. The business’s 50-day moving average price is $46.66 and its two-hundred day moving average price is $46.57.

JPMorgan Core Plus Bond ETF Cuts Dividend

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

JPMorgan Core Plus Bond ETF Profile

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.