Magnus Financial Group LLC Has $19.90 Million Stock Position in JPMorgan Core Plus Bond ETF $JCPB

Magnus Financial Group LLC lifted its stake in JPMorgan Core Plus Bond ETF (BATS:JCPB) by 10.7% during the 4th quarter, according to its most recent 13F filing with the Securities & Exchange Commission. The fund owned 420,285 shares of the company’s stock after purchasing an additional 40,663 shares during the period. JPMorgan Core Plus Bond ETF accounts for approximately 1.5% of Magnus Financial Group LLC’s holdings, making the stock its 11th largest holding. Magnus Financial Group LLC owned about 0.29% of JPMorgan Core Plus Bond ETF worth $19,901,000 as of its most recent SEC filing.

Other institutional investors have also made changes to their positions in the company. Semus Wealth Partners LLC lifted its stake in JPMorgan Core Plus Bond ETF by 4.0% in the third quarter. Semus Wealth Partners LLC now owns 5,876 shares of the company’s stock valued at $279,000 after buying an additional 226 shares during the period. Barnes Dennig Private Wealth Management LLC grew its position in shares of JPMorgan Core Plus Bond ETF by 9.2% during the 3rd quarter. Barnes Dennig Private Wealth Management LLC now owns 2,854 shares of the company’s stock worth $136,000 after buying an additional 241 shares during the period. Silver Oak Securities Incorporated increased its stake in shares of JPMorgan Core Plus Bond ETF by 2.6% in the 3rd 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 last quarter. Belpointe Asset Management LLC increased its stake in shares of JPMorgan Core Plus Bond ETF by 0.7% in the 3rd quarter. Belpointe Asset Management LLC now owns 38,943 shares of the company’s stock valued at $1,852,000 after acquiring an additional 273 shares during the last quarter. Finally, Norden Group LLC raised its position in shares of JPMorgan Core Plus Bond ETF by 1.1% in the 3rd quarter. Norden Group LLC now owns 30,096 shares of the company’s stock valued at $1,431,000 after acquiring an additional 318 shares during the period.

JPMorgan Core Plus Bond ETF Stock Performance

Shares of BATS JCPB opened at $46.78 on Friday. JPMorgan Core Plus Bond ETF has a 52-week low of $45.56 and a 52-week high of $48.17. The stock has a market cap of $6.87 billion, a P/E ratio of 60.35 and a beta of 0.24. The firm has a 50 day moving average price of $47.55 and a 200 day moving average price of $47.56.

JPMorgan Core Plus Bond ETF Cuts Dividend

The company also recently declared a monthly dividend, which was paid on Wednesday, March 4th. Stockholders of record on Monday, March 2nd were issued a $0.1859 dividend. The ex-dividend date of this dividend 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.