CoreCap Advisors LLC Cuts Stock Position in JPMorgan Core Plus Bond ETF (BATS:JCPB)

CoreCap Advisors LLC cut its holdings in JPMorgan Core Plus Bond ETF (BATS:JCPB) by 55.8% in the fourth quarter, HoldingsChannel reports. The firm owned 964 shares of the company’s stock after selling 1,215 shares during the quarter. CoreCap Advisors LLC’s holdings in JPMorgan Core Plus Bond ETF were worth $44,000 at the end of the most recent reporting period.

Other institutional investors and hedge funds have also recently modified their holdings of the company. Cetera Investment Advisers lifted its position in JPMorgan Core Plus Bond ETF by 12.5% in the fourth quarter. Cetera Investment Advisers now owns 636,151 shares of the company’s stock worth $29,307,000 after buying an additional 70,887 shares during the last quarter. Baird Financial Group Inc. lifted its position in JPMorgan Core Plus Bond ETF by 2.5% in the fourth quarter. Baird Financial Group Inc. now owns 192,970 shares of the company’s stock worth $8,890,000 after buying an additional 4,691 shares during the last quarter. Bank of America Corp DE lifted its position in JPMorgan Core Plus Bond ETF by 7.3% in the fourth quarter. Bank of America Corp DE now owns 8,345,960 shares of the company’s stock worth $384,498,000 after buying an additional 568,425 shares during the last quarter. Benjamin Edwards Inc. lifted its position in JPMorgan Core Plus Bond ETF by 13.3% in the fourth quarter. Benjamin Edwards Inc. now owns 50,232 shares of the company’s stock worth $2,314,000 after buying an additional 5,905 shares during the last quarter. Finally, Ameriprise Financial Inc. bought a new stake in JPMorgan Core Plus Bond ETF in the fourth quarter worth $225,000.

JPMorgan Core Plus Bond ETF Stock Up 1.0%

Shares of JCPB opened at $46.06 on Thursday. JPMorgan Core Plus Bond ETF has a 52-week low of $44.30 and a 52-week high of $48.54. The company has a market cap of $6.17 billion, a PE ratio of 60.15 and a beta of 0.25. The business has a fifty day moving average of $46.58 and a 200 day moving average of $46.53.

JPMorgan Core Plus Bond ETF Cuts Dividend

The firm also recently announced a dividend, which was paid on Wednesday, March 5th. Stockholders of record on Monday, March 3rd were given a dividend of $0.1873 per share. The ex-dividend date of this dividend 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.