American Money Management LLC Increases Stock Position in JPMorgan Core Plus Bond ETF (BATS:JCPB)

American Money Management LLC grew its stake in shares of JPMorgan Core Plus Bond ETF (BATS:JCPB) by 15.7% in the fourth quarter, according to its most recent filing with the Securities & Exchange Commission. The firm owned 369,806 shares of the company’s stock after acquiring an additional 50,300 shares during the period. JPMorgan Core Plus Bond ETF comprises 3.3% of American Money Management LLC’s investment portfolio, making the stock its 6th biggest position. American Money Management LLC’s holdings in JPMorgan Core Plus Bond ETF were worth $17,037,000 as of its most recent filing with the Securities & Exchange Commission.

Several other large investors also recently modified their holdings of JCPB. Private Advisor Group LLC raised its stake in shares of JPMorgan Core Plus Bond ETF by 2.3% in the fourth quarter. Private Advisor Group LLC now owns 10,188 shares of the company’s stock valued at $469,000 after buying an additional 231 shares during the period. MassMutual Private Wealth & Trust FSB boosted its holdings in JPMorgan Core Plus Bond ETF by 0.6% in the 4th quarter. MassMutual Private Wealth & Trust FSB now owns 63,731 shares of the company’s stock worth $2,936,000 after buying an additional 356 shares during the period. LPL Financial LLC grew its stake in JPMorgan Core Plus Bond ETF by 0.3% in the 4th quarter. LPL Financial LLC now owns 135,487 shares of the company’s stock valued at $6,242,000 after buying an additional 375 shares in the last quarter. Strategic Financial Concepts LLC raised its holdings in JPMorgan Core Plus Bond ETF by 8.9% during the 4th quarter. Strategic Financial Concepts LLC now owns 4,851 shares of the company’s stock valued at $223,000 after acquiring an additional 397 shares during the period. Finally, Dynamic Advisor Solutions LLC lifted its position in shares of JPMorgan Core Plus Bond ETF by 5.0% during the fourth quarter. Dynamic Advisor Solutions LLC now owns 9,353 shares of the company’s stock worth $431,000 after acquiring an additional 442 shares in the last quarter.

JPMorgan Core Plus Bond ETF Price Performance

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

JPMorgan Core Plus Bond ETF Cuts Dividend

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