JPMorgan Core Plus Bond ETF $JCPB is Legacy Wealth Management Inc’s 4th Largest Position

Legacy Wealth Management Inc increased its holdings in shares of JPMorgan Core Plus Bond ETF (BATS:JCPB) by 5.2% during the 4th quarter, Holdings Channel.com reports. The institutional investor owned 3,729,750 shares of the company’s stock after purchasing an additional 182,776 shares during the period. JPMorgan Core Plus Bond ETF accounts for about 10.2% of Legacy Wealth Management Inc’s investment portfolio, making the stock its 4th biggest holding. Legacy Wealth Management Inc’s holdings in JPMorgan Core Plus Bond ETF were worth $176,604,000 as of its most recent SEC filing.

Other hedge funds also recently added to or reduced their stakes in the company. Imprint Wealth LLC purchased a new stake in shares of JPMorgan Core Plus Bond ETF during the third quarter worth $30,000. GoalVest Advisory LLC acquired a new position in JPMorgan Core Plus Bond ETF during the 3rd quarter worth $33,000. Total Investment Management Inc. acquired a new position in JPMorgan Core Plus Bond ETF during the 2nd quarter worth $37,000. GGM Financials LLC purchased a new stake in JPMorgan Core Plus Bond ETF during the 3rd quarter worth about $58,000. Finally, Cullen Frost Bankers Inc. purchased a new stake in JPMorgan Core Plus Bond ETF during the 3rd quarter worth about $99,000.

JPMorgan Core Plus Bond ETF Price Performance

JCPB stock opened at $46.99 on Monday. The business’s 50-day moving average is $47.44 and its two-hundred day moving average is $47.51. The firm has a market capitalization of $6.90 billion, a P/E ratio of 60.35 and a beta of 0.24. JPMorgan Core Plus Bond ETF has a 1 year low of $45.56 and a 1 year 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 $0.1859 dividend. The ex-dividend date of this dividend was Monday, March 2nd. This represents a c) dividend on an annualized basis and a dividend yield of 4.7%.

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.