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

Alpine Bank Wealth Management boosted its stake in shares of JPMorgan Core Plus Bond ETF (BATS:JCPB) by 67.8% in the fourth quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The firm owned 2,642,548 shares of the company’s stock after acquiring an additional 1,067,806 shares during the quarter. JPMorgan Core Plus Bond ETF comprises 17.7% of Alpine Bank Wealth Management’s investment portfolio, making the stock its biggest holding. Alpine Bank Wealth Management’s holdings in JPMorgan Core Plus Bond ETF were worth $125,125,000 as of its most recent filing with the Securities and Exchange Commission.

Other hedge funds and other institutional investors also recently modified their holdings of the company. Parkworth Wealth Management Inc. purchased a new stake in shares of JPMorgan Core Plus Bond ETF during the second quarter worth approximately $29,000. Imprint Wealth LLC acquired a new stake in shares of JPMorgan Core Plus Bond ETF during the third quarter worth $30,000. GoalVest Advisory LLC purchased a new position in JPMorgan Core Plus Bond ETF in the 3rd quarter valued at $33,000. Total Investment Management Inc. acquired a new position in JPMorgan Core Plus Bond ETF in the 2nd quarter valued at $37,000. Finally, Elevation Point Wealth Partners LLC acquired a new position in JPMorgan Core Plus Bond ETF in the 2nd quarter valued at $57,000.

JPMorgan Core Plus Bond ETF Stock Performance

Shares of JPMorgan Core Plus Bond ETF stock opened at $46.92 on Tuesday. JPMorgan Core Plus Bond ETF has a one year low of $45.56 and a one year high of $48.17. The company has a market cap of $6.89 billion, a P/E ratio of 60.35 and a beta of 0.24. The firm has a fifty day moving average of $47.47 and a two-hundred day moving average of $47.54.

JPMorgan Core Plus Bond ETF Cuts Dividend

The company also recently declared a monthly dividend, which was paid on Wednesday, March 4th. Investors 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 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.