JPMorgan Core Plus Bond ETF $JCPB Shares Purchased by Hartford Financial Management Inc.

Hartford Financial Management Inc. increased its position in JPMorgan Core Plus Bond ETF (BATS:JCPB) by 3.7% in the fourth quarter, according to its most recent 13F filing with the SEC. The firm owned 725,735 shares of the company’s stock after purchasing an additional 25,753 shares during the period. JPMorgan Core Plus Bond ETF comprises about 8.9% of Hartford Financial Management Inc.’s investment portfolio, making the stock its biggest holding. Hartford Financial Management Inc. owned 0.49% of JPMorgan Core Plus Bond ETF worth $34,364,000 at the end of the most recent reporting period.

A number of other hedge funds and other institutional investors have also recently added to or reduced their stakes in the company. HB Wealth Management LLC boosted its stake in JPMorgan Core Plus Bond ETF by 34.2% in the 3rd 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. Bank of America Corp DE lifted its position in JPMorgan Core Plus Bond ETF by 4.4% in the 3rd quarter. Bank of America Corp DE now owns 8,414,956 shares of the company’s stock worth $400,131,000 after buying an additional 355,956 shares in the last quarter. Factory Mutual Insurance Co. lifted its position in JPMorgan Core Plus Bond ETF by 81.8% in the 3rd quarter. Factory Mutual Insurance Co. now owns 5,846,314 shares of the company’s stock worth $277,992,000 after buying an additional 2,630,014 shares in the last quarter. JPMorgan Chase & Co. lifted its position in JPMorgan Core Plus Bond ETF by 2.3% in the 3rd quarter. JPMorgan Chase & Co. now owns 3,987,312 shares of the company’s stock worth $189,597,000 after buying an additional 91,136 shares in the last quarter. Finally, Raymond James Financial Inc. lifted its position in JPMorgan Core Plus Bond ETF by 3.7% in the 3rd quarter. Raymond James Financial Inc. now owns 3,911,288 shares of the company’s stock worth $185,982,000 after buying an additional 139,446 shares in the last quarter.

JPMorgan Core Plus Bond ETF Stock Up 0.3%

JCPB stock opened at $47.14 on Thursday. JPMorgan Core Plus Bond ETF has a 12-month low of $45.56 and a 12-month high of $48.17. The company has a market cap of $6.92 billion, a price-to-earnings ratio of 60.35 and a beta of 0.24. The company has a 50 day moving average of $47.41 and a two-hundred day moving average of $47.50.

JPMorgan Core Plus Bond ETF Cuts Dividend

The business also recently announced 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 was Monday, March 2nd. This represents a c) dividend on an annualized basis and a 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.