JPMorgan Core Plus Bond ETF $JCPB is Econ Financial Services Corp’s 2nd Largest Position

Econ Financial Services Corp decreased its holdings in shares of JPMorgan Core Plus Bond ETF (BATS:JCPB) by 43.0% during the fourth quarter, according to the company in its most recent disclosure with the SEC. The fund owned 185,901 shares of the company’s stock after selling 140,283 shares during the quarter. JPMorgan Core Plus Bond ETF accounts for about 4.4% of Econ Financial Services Corp’s investment portfolio, making the stock its 2nd biggest position. Econ Financial Services Corp owned 0.13% of JPMorgan Core Plus Bond ETF worth $8,802,000 at the end of the most recent quarter.

Other institutional investors and hedge funds have also recently modified their holdings of the company. Parkworth Wealth Management Inc. bought a new position in JPMorgan Core Plus Bond ETF in the 2nd quarter valued at $29,000. Imprint Wealth LLC purchased a new stake in JPMorgan Core Plus Bond ETF in the third quarter worth $30,000. GoalVest Advisory LLC bought a new stake in shares of JPMorgan Core Plus Bond ETF during the third quarter worth $33,000. Total Investment Management Inc. bought a new stake in shares of JPMorgan Core Plus Bond ETF during the second quarter worth $37,000. Finally, Elevation Point Wealth Partners LLC purchased a new stake in shares of JPMorgan Core Plus Bond ETF during the second quarter valued at $57,000.

JPMorgan Core Plus Bond ETF Trading Up 0.3%

BATS JCPB opened at $47.08 on Wednesday. The stock has a market cap of $6.92 billion, a PE 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 company’s 50-day moving average price is $47.47 and its 200-day moving average price is $47.53.

JPMorgan Core Plus Bond ETF Cuts Dividend

The business 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. This represents a c) annualized dividend and a yield of 4.7%. The ex-dividend date of this dividend 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.