Modern Wealth Management LLC Acquires Shares of 163,069 JPMorgan Core Plus Bond ETF (BATS:JCPB)

Modern Wealth Management LLC bought a new position in JPMorgan Core Plus Bond ETF (BATS:JCPB) in the fourth quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The institutional investor bought 163,069 shares of the company’s stock, valued at approximately $7,563,000. Modern Wealth Management LLC owned approximately 0.25% of JPMorgan Core Plus Bond ETF at the end of the most recent quarter.

Several other hedge funds and other institutional investors have also modified their holdings of JCPB. Private Advisor Group LLC grew its stake in JPMorgan Core Plus Bond ETF by 2.3% during the fourth quarter. Private Advisor Group LLC now owns 10,188 shares of the company’s stock worth $469,000 after buying an additional 231 shares during the last quarter. MassMutual Private Wealth & Trust FSB grew its position in JPMorgan Core Plus Bond ETF by 0.6% during the 4th quarter. MassMutual Private Wealth & Trust FSB now owns 63,731 shares of the company’s stock worth $2,936,000 after acquiring an additional 356 shares during the last quarter. LPL Financial LLC increased its holdings in JPMorgan Core Plus Bond ETF by 0.3% during the 4th quarter. LPL Financial LLC now owns 135,487 shares of the company’s stock valued at $6,242,000 after purchasing an additional 375 shares in the last quarter. Strategic Financial Concepts LLC raised its position in JPMorgan Core Plus Bond ETF by 8.9% in the 4th quarter. Strategic Financial Concepts LLC now owns 4,851 shares of the company’s stock valued at $223,000 after purchasing an additional 397 shares during the last quarter. Finally, D.A. Davidson & CO. boosted its stake in JPMorgan Core Plus Bond ETF by 0.6% in the third quarter. D.A. Davidson & CO. now owns 71,298 shares of the company’s stock worth $3,439,000 after purchasing an additional 428 shares in the last quarter.

JPMorgan Core Plus Bond ETF Stock Performance

Shares of BATS:JCPB opened at $46.79 on Tuesday. The business has a fifty day moving average of $46.54 and a 200-day moving average of $46.87. JPMorgan Core Plus Bond ETF has a twelve month low of $44.30 and a twelve month high of $48.54. The firm has a market cap of $5.92 billion, a PE ratio of 60.64 and a beta of 0.22.

JPMorgan Core Plus Bond ETF Cuts Dividend

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

About JPMorgan Core Plus Bond ETF

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.