Allworth Financial LP Decreases Stock Position in 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 the company in its most recent Form 13F filing with the Securities & Exchange Commission. The fund 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 filing with the Securities & Exchange Commission.

A number of other institutional investors and hedge funds have also recently added to or reduced their stakes in the business. Parkworth Wealth Management Inc. bought a new stake in shares of JPMorgan Core Plus Bond ETF in the second quarter valued at approximately $29,000. Imprint Wealth LLC bought a new stake in JPMorgan Core Plus Bond ETF during the 3rd quarter valued at $30,000. GoalVest Advisory LLC bought a new stake in JPMorgan Core Plus Bond ETF during the 3rd quarter valued at $33,000. Total Investment Management Inc. purchased 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 worth $57,000.

JPMorgan Core Plus Bond ETF Stock Performance

Shares of JCPB opened at $46.78 on Friday. The stock’s 50-day simple moving average is $47.55 and its 200 day simple moving average is $47.56. The stock has a market capitalization of $6.87 billion, a price-to-earnings ratio of 60.35 and a beta of 0.24. JPMorgan Core Plus Bond ETF has a 52-week low of $45.56 and a 52-week high of $48.17.

JPMorgan Core Plus Bond ETF Cuts Dividend

The business also recently declared a monthly dividend, which was paid on Wednesday, March 4th. Stockholders of record on Monday, March 2nd were given a dividend of $0.1859 per share. The ex-dividend date was Monday, March 2nd. This represents a c) annualized dividend and a dividend yield of 4.8%.

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.