JPMorgan Core Plus Bond ETF $JCPB is Alpine Bank Wealth Management’s Largest Position

Alpine Bank Wealth Management increased its stake in shares of JPMorgan Core Plus Bond ETF (BATS:JCPB) by 67.8% during the 4th quarter, according to the company in its most recent filing with the SEC. The fund owned 2,642,548 shares of the company’s stock after purchasing an additional 1,067,806 shares during the quarter. JPMorgan Core Plus Bond ETF accounts for 17.7% of Alpine Bank Wealth Management’s holdings, making the stock its biggest holding. Alpine Bank Wealth Management owned approximately 1.80% of JPMorgan Core Plus Bond ETF worth $125,125,000 as of its most recent filing with the SEC.

Several other hedge funds and other institutional investors also recently bought and sold shares of the stock. Semus Wealth Partners LLC grew its stake in JPMorgan Core Plus Bond ETF by 4.0% during the 3rd quarter. Semus Wealth Partners LLC now owns 5,876 shares of the company’s stock worth $279,000 after buying an additional 226 shares during the last quarter. Barnes Dennig Private Wealth Management LLC lifted its stake in JPMorgan Core Plus Bond ETF by 9.2% in the third quarter. Barnes Dennig Private Wealth Management LLC now owns 2,854 shares of the company’s stock valued at $136,000 after buying an additional 241 shares during the last quarter. Silver Oak Securities Incorporated boosted its holdings in shares of JPMorgan Core Plus Bond ETF by 2.6% in the third quarter. Silver Oak Securities Incorporated now owns 9,715 shares of the company’s stock valued at $462,000 after acquiring an additional 244 shares during the period. Belpointe Asset Management LLC grew its position in shares of JPMorgan Core Plus Bond ETF by 0.7% during the third quarter. Belpointe Asset Management LLC now owns 38,943 shares of the company’s stock worth $1,852,000 after acquiring an additional 273 shares during the last quarter. Finally, Norden Group LLC grew its position in shares of JPMorgan Core Plus Bond ETF by 1.1% during the third quarter. Norden Group LLC now owns 30,096 shares of the company’s stock worth $1,431,000 after acquiring an additional 318 shares during the last quarter.

JPMorgan Core Plus Bond ETF Price Performance

Shares of JPMorgan Core Plus Bond ETF stock opened at $46.92 on Tuesday. The firm’s fifty day simple moving average is $47.47 and its 200-day simple moving average is $47.54. JPMorgan Core Plus Bond ETF has a 12 month low of $45.56 and a 12 month high of $48.17. The stock has a market capitalization of $6.89 billion, a price-to-earnings ratio of 60.35 and a beta of 0.24.

JPMorgan Core Plus Bond ETF Cuts Dividend

The firm also recently disclosed a monthly dividend, which was paid on Wednesday, March 4th. Shareholders of record on Monday, March 2nd were paid 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 4.8%.

JPMorgan Core Plus Bond ETF Company 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.