Allworth Financial LP Sells 12,607 Shares of JPMorgan Core Plus Bond ETF $JCPB

Allworth Financial LP cut its holdings in shares of JPMorgan Core Plus Bond ETF (BATS:JCPB) by 21.6% during the 3rd quarter, according to its most recent disclosure with the Securities and Exchange Commission. The firm owned 45,890 shares of the company’s stock after selling 12,607 shares during the quarter. Allworth Financial LP’s holdings in JPMorgan Core Plus Bond ETF were worth $2,182,000 as of its most recent SEC filing.

Other hedge funds and other institutional investors also recently made changes to their positions in the company. HB Wealth Management LLC lifted its position in JPMorgan Core Plus Bond ETF by 34.2% during 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 during the period. Factory Mutual Insurance Co. lifted its holdings in shares of 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 acquiring an additional 2,630,014 shares during the period. Northwestern Mutual Wealth Management Co. lifted its holdings in shares of 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 worth $118,592,000 after acquiring an additional 833,135 shares during the period. Alpine Bank Wealth Management boosted its position in shares of 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 worth $74,879,000 after acquiring an additional 720,527 shares in the last quarter. Finally, Avantax Planning Partners Inc. boosted its position in shares of JPMorgan Core Plus Bond ETF by 75.4% during the 3rd quarter. Avantax Planning Partners Inc. now owns 1,582,620 shares of the company’s stock worth $75,254,000 after acquiring an additional 680,141 shares in the last quarter.

JPMorgan Core Plus Bond ETF Stock Performance

Shares of JCPB stock opened at $46.78 on Friday. The company has a market cap of $6.87 billion, a PE ratio of 60.35 and a beta of 0.24. The stock’s fifty day moving average price is $47.55 and its two-hundred day moving average price is $47.56. 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 business also recently announced 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.

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.