Grant Street Asset Management Inc. Raises Holdings in JPMorgan Core Plus Bond ETF (BATS:JCPB)

Grant Street Asset Management Inc. boosted its stake in shares of JPMorgan Core Plus Bond ETF (BATS:JCPB) by 33.0% during the fourth quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 2,032,031 shares of the company’s stock after purchasing an additional 503,936 shares during the quarter. JPMorgan Core Plus Bond ETF comprises 24.5% of Grant Street Asset Management Inc.’s holdings, making the stock its largest holding. Grant Street Asset Management Inc.’s holdings in JPMorgan Core Plus Bond ETF were worth $93,616,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

A number of other hedge funds and other institutional investors also recently added to or reduced their stakes in the business. Coordinated Financial Services Inc. purchased a new stake in JPMorgan Core Plus Bond ETF in the fourth quarter valued at about $890,000. Axis Wealth Partners LLC purchased a new stake in JPMorgan Core Plus Bond ETF in the fourth quarter valued at about $545,000. PNC Financial Services Group Inc. raised its stake in JPMorgan Core Plus Bond ETF by 476.0% in the fourth quarter. PNC Financial Services Group Inc. now owns 224,601 shares of the company’s stock valued at $10,347,000 after buying an additional 185,606 shares during the last quarter. Royal Harbor Partners LLC raised its stake in JPMorgan Core Plus Bond ETF by 49.8% in the fourth quarter. Royal Harbor Partners LLC now owns 627,243 shares of the company’s stock valued at $28,897,000 after buying an additional 208,507 shares during the last quarter. Finally, Vestmark Advisory Solutions Inc. raised its stake in JPMorgan Core Plus Bond ETF by 17.8% in the fourth quarter. Vestmark Advisory Solutions Inc. now owns 1,121,915 shares of the company’s stock valued at $51,687,000 after buying an additional 169,695 shares during the last quarter.

JPMorgan Core Plus Bond ETF Stock Performance

JPMorgan Core Plus Bond ETF stock opened at $46.76 on Monday. The company has a 50 day simple moving average of $46.35 and a 200-day simple moving average of $46.95. The stock has a market capitalization of $5.80 billion, a PE ratio of 60.62 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. Stockholders of record on Monday, March 3rd were paid a $0.1873 dividend. The ex-dividend date was Monday, March 3rd.

JPMorgan Core Plus Bond ETF Company 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.