JPMorgan Core Plus Bond ETF $JCPB is CGN Advisors LLC’s Largest Position

CGN Advisors LLC lifted its stake in shares of JPMorgan Core Plus Bond ETF (BATS:JCPB) by 4.7% during the fourth quarter, according to the company in its most recent Form 13F filing with the SEC. The firm owned 1,707,036 shares of the company’s stock after acquiring an additional 76,720 shares during the quarter. JPMorgan Core Plus Bond ETF makes up approximately 6.4% of CGN Advisors LLC’s holdings, making the stock its biggest holding. CGN Advisors LLC owned about 1.16% of JPMorgan Core Plus Bond ETF worth $80,828,000 at the end of the most recent reporting period.

Several other institutional investors and hedge funds have also recently modified their holdings of the stock. HB Wealth Management LLC grew its stake in JPMorgan Core Plus Bond ETF by 34.2% in the third quarter. HB Wealth Management LLC now owns 10,425,820 shares of the company’s stock worth $495,748,000 after purchasing an additional 2,659,142 shares in the last quarter. Factory Mutual Insurance Co. increased its holdings in JPMorgan Core Plus Bond ETF by 81.8% during the 3rd quarter. Factory Mutual Insurance Co. now owns 5,846,314 shares of the company’s stock worth $277,992,000 after purchasing an additional 2,630,014 shares during the period. Northwestern Mutual Wealth Management Co. raised its position in JPMorgan Core Plus Bond ETF by 50.2% during the 3rd quarter. Northwestern Mutual Wealth Management Co. now owns 2,494,049 shares of the company’s stock valued at $118,592,000 after purchasing an additional 833,135 shares in the last quarter. Alpine Bank Wealth Management raised its position in JPMorgan Core Plus Bond ETF by 84.3% during the 3rd quarter. Alpine Bank Wealth Management now owns 1,574,742 shares of the company’s stock valued at $74,879,000 after purchasing an additional 720,527 shares in the last quarter. Finally, Avantax Planning Partners Inc. lifted its holdings in shares of JPMorgan Core Plus Bond ETF by 75.4% in the 3rd quarter. Avantax Planning Partners Inc. now owns 1,582,620 shares of the company’s stock worth $75,254,000 after buying an additional 680,141 shares during the period.

JPMorgan Core Plus Bond ETF Trading Up 0.1%

JCPB opened at $47.17 on Friday. The company has a market capitalization of $6.93 billion, a price-to-earnings 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 business’s fifty day simple moving average is $47.56 and its 200-day simple moving average is $47.56.

JPMorgan Core Plus Bond ETF Cuts Dividend

The firm also recently announced a monthly dividend, which was paid on Wednesday, March 4th. Shareholders of record on Monday, March 2nd were issued a dividend of $0.1859 per share. This represents a c) annualized dividend and a yield of 4.7%. The ex-dividend date was Monday, March 2nd.

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.