Legacy Wealth Management Inc Purchases 182,776 Shares of JPMorgan Core Plus Bond ETF $JCPB

Legacy Wealth Management Inc boosted its holdings in JPMorgan Core Plus Bond ETF (BATS:JCPB) by 5.2% during the fourth quarter, according to its most recent Form 13F filing with the SEC. The fund owned 3,729,750 shares of the company’s stock after acquiring an additional 182,776 shares during the period. JPMorgan Core Plus Bond ETF accounts for about 10.2% of Legacy Wealth Management Inc’s portfolio, making the stock its 4th largest holding. Legacy Wealth Management Inc owned approximately 2.54% of JPMorgan Core Plus Bond ETF worth $176,604,000 at the end of the most recent quarter.

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

JPMorgan Core Plus Bond ETF Stock Performance

JCPB stock opened at $46.99 on Monday. The business’s fifty day moving average price is $47.44 and its 200 day moving average price is $47.51. 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 capitalization of $6.90 billion, a PE ratio of 60.35 and a beta of 0.24.

JPMorgan Core Plus Bond ETF Cuts Dividend

The company 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. This represents a c) annualized dividend and a yield of 4.7%. The ex-dividend date of this dividend was Monday, March 2nd.

About JPMorgan Core Plus Bond ETF

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.