Econ Financial Services Corp Has $4.14 Million Stake in JPMorgan Core Plus Bond ETF (BATS:JCPB)

Econ Financial Services Corp lessened its holdings in JPMorgan Core Plus Bond ETF (BATS:JCPB) by 9.6% during the first quarter, according to the company in its most recent 13F filing with the SEC. The institutional investor owned 88,643 shares of the company’s stock after selling 9,390 shares during the quarter. JPMorgan Core Plus Bond ETF accounts for approximately 2.6% of Econ Financial Services Corp’s investment portfolio, making the stock its 9th biggest position. Econ Financial Services Corp owned about 0.14% of JPMorgan Core Plus Bond ETF worth $4,135,000 at the end of the most recent quarter.

A number of other institutional investors also recently modified their holdings of JCPB. Ascent Group LLC grew its stake in shares of JPMorgan Core Plus Bond ETF by 5.7% during the first quarter. Ascent Group LLC now owns 8,055 shares of the company’s stock worth $376,000 after buying an additional 434 shares during the last quarter. Linscomb Wealth Inc. increased its holdings in JPMorgan Core Plus Bond ETF by 6.8% in the 1st quarter. Linscomb Wealth Inc. now owns 5,578 shares of the company’s stock worth $260,000 after purchasing an additional 355 shares in the last quarter. Axxcess Wealth Management LLC raised its position in JPMorgan Core Plus Bond ETF by 35.1% in the first quarter. Axxcess Wealth Management LLC now owns 67,885 shares of the company’s stock valued at $3,166,000 after purchasing an additional 17,631 shares during the last quarter. CreativeOne Wealth LLC boosted its stake in shares of JPMorgan Core Plus Bond ETF by 15.3% during the first quarter. CreativeOne Wealth LLC now owns 57,726 shares of the company’s stock valued at $2,693,000 after purchasing an additional 7,664 shares in the last quarter. Finally, Trustmark National Bank Trust Department boosted its stake in shares of JPMorgan Core Plus Bond ETF by 37.7% during the first quarter. Trustmark National Bank Trust Department now owns 7,300 shares of the company’s stock valued at $341,000 after purchasing an additional 2,000 shares in the last quarter.

JPMorgan Core Plus Bond ETF Stock Performance

Shares of JCPB stock traded up $0.04 during mid-day trading on Monday, reaching $46.90. 264,064 shares of the stock traded hands. The business has a fifty day moving average price of $46.41 and a two-hundred day moving average price of $46.29. The stock has a market capitalization of $3.02 billion, a P/E ratio of 2.20 and a beta of 0.17.

JPMorgan Core Plus Bond ETF Increases Dividend

The company also recently declared a dividend, which was paid on Wednesday, July 3rd. Stockholders of record on Monday, July 1st were paid a dividend of $0.202 per share. This is a positive change from JPMorgan Core Plus Bond ETF’s previous dividend of $0.20. The ex-dividend date was Monday, July 1st.

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.