Embree Financial Group Buys 34,693 Shares of JPMorgan Core Plus Bond ETF $JCPB

Embree Financial Group lifted its stake in JPMorgan Core Plus Bond ETF (BATS:JCPB) by 38.1% during the 4th quarter, Holdings Channel.com reports. The institutional investor owned 125,694 shares of the company’s stock after buying an additional 34,693 shares during the quarter. Embree Financial Group’s holdings in JPMorgan Core Plus Bond ETF were worth $5,952,000 at the end of the most recent reporting period.

A number of other hedge funds and other institutional investors have also recently modified their holdings of the stock. HB Wealth Management LLC grew its stake in JPMorgan Core Plus Bond ETF by 34.2% during the third quarter. HB Wealth Management LLC now owns 10,425,820 shares of the company’s stock valued at $495,748,000 after acquiring an additional 2,659,142 shares in the last quarter. Factory Mutual Insurance Co. lifted its stake 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 purchasing an additional 2,630,014 shares in the last quarter. Wealth Enhancement Advisory Services LLC lifted its stake in JPMorgan Core Plus Bond ETF by 618.7% in the 4th quarter. Wealth Enhancement Advisory Services LLC now owns 2,137,936 shares of the company’s stock worth $101,381,000 after purchasing an additional 1,840,452 shares in the last quarter. Northwestern Mutual Wealth Management Co. boosted its holdings in shares of JPMorgan Core Plus Bond ETF by 50.2% during the 3rd quarter. Northwestern Mutual Wealth Management Co. now owns 2,494,049 shares of the company’s stock valued at $118,592,000 after purchasing an additional 833,135 shares during the last quarter. Finally, Alpine Bank Wealth Management boosted its holdings in shares of JPMorgan Core Plus Bond ETF by 84.3% during the 3rd quarter. Alpine Bank Wealth Management now owns 1,574,742 shares of the company’s stock valued at $74,879,000 after purchasing an additional 720,527 shares during the last quarter.

JPMorgan Core Plus Bond ETF Price Performance

Shares of JPMorgan Core Plus Bond ETF stock opened at $46.69 on Monday. JPMorgan Core Plus Bond ETF has a twelve month low of $45.56 and a twelve month high of $48.17. The business has a 50-day moving average price of $47.48 and a 200-day moving average price of $47.54. The firm has a market cap of $6.86 billion, a price-to-earnings ratio of 60.35 and a beta of 0.24.

JPMorgan Core Plus Bond ETF Cuts Dividend

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