Magnus Financial Group LLC Has $19.90 Million Stake in JPMorgan Core Plus Bond ETF $JCPB

Magnus Financial Group LLC raised its holdings in JPMorgan Core Plus Bond ETF (BATS:JCPB) by 10.7% in the fourth quarter, Holdings Channel reports. The fund owned 420,285 shares of the company’s stock after acquiring an additional 40,663 shares during the period. JPMorgan Core Plus Bond ETF accounts for about 1.5% of Magnus Financial Group LLC’s portfolio, making the stock its 11th biggest position. Magnus Financial Group LLC’s holdings in JPMorgan Core Plus Bond ETF were worth $19,901,000 as of its most recent SEC filing.

Several other large investors also recently modified their holdings of the business. Semus Wealth Partners LLC lifted its holdings in shares of JPMorgan Core Plus Bond ETF by 4.0% during the 3rd quarter. Semus Wealth Partners LLC now owns 5,876 shares of the company’s stock valued at $279,000 after purchasing an additional 226 shares in the last quarter. Barnes Dennig Private Wealth Management LLC increased its stake in JPMorgan Core Plus Bond ETF by 9.2% during the 3rd quarter. Barnes Dennig Private Wealth Management LLC now owns 2,854 shares of the company’s stock worth $136,000 after purchasing an additional 241 shares in the last quarter. Silver Oak Securities Incorporated raised its holdings in JPMorgan Core Plus Bond ETF by 2.6% during the 3rd quarter. Silver Oak Securities Incorporated now owns 9,715 shares of the company’s stock worth $462,000 after buying an additional 244 shares during the period. Belpointe Asset Management LLC boosted its holdings in shares of JPMorgan Core Plus Bond ETF by 0.7% in the third quarter. Belpointe Asset Management LLC now owns 38,943 shares of the company’s stock valued at $1,852,000 after buying an additional 273 shares during the period. Finally, Norden Group LLC raised its holdings in shares of JPMorgan Core Plus Bond ETF by 1.1% during the third quarter. Norden Group LLC now owns 30,096 shares of the company’s stock worth $1,431,000 after acquiring an additional 318 shares during the period.

JPMorgan Core Plus Bond ETF Trading Down 0.8%

JCPB opened at $46.78 on Friday. The stock has a market capitalization of $6.87 billion, a P/E ratio of 60.35 and a beta of 0.24. JPMorgan Core Plus Bond ETF has a 12 month low of $45.56 and a 12 month high of $48.17. The firm’s fifty day simple moving average is $47.55 and its 200 day simple moving average is $47.56.

JPMorgan Core Plus Bond ETF Cuts Dividend

The company also recently declared a monthly dividend, which was paid on Wednesday, March 4th. Stockholders of record on Monday, March 2nd were issued a $0.1859 dividend. This represents a c) dividend on an annualized basis and a dividend yield of 4.8%. The ex-dividend date was Monday, March 2nd.

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.