Saxony Capital Management LLC Raises Stock Position in JPMorgan Core Plus Bond ETF $JCPB

Saxony Capital Management LLC lifted its holdings in JPMorgan Core Plus Bond ETF (BATS:JCPB) by 41.5% during the fourth quarter, HoldingsChannel.com reports. The institutional investor owned 67,302 shares of the company’s stock after buying an additional 19,735 shares during the period. JPMorgan Core Plus Bond ETF makes up about 2.0% of Saxony Capital Management LLC’s portfolio, making the stock its 15th biggest holding. Saxony Capital Management LLC’s holdings in JPMorgan Core Plus Bond ETF were worth $3,187,000 at the end of the most recent quarter.

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

JPMorgan Core Plus Bond ETF Stock Performance

BATS:JCPB opened at $46.92 on Tuesday. The firm has a market capitalization of $6.89 billion, a PE ratio of 60.35 and a beta of 0.24. The stock’s fifty day moving average is $47.47 and its 200 day moving average is $47.54. JPMorgan Core Plus Bond ETF has a fifty-two week low of $45.56 and a fifty-two week high of $48.17.

JPMorgan Core Plus Bond ETF Cuts Dividend

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

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.