JPMorgan Core Plus Bond ETF $JCPB Holdings Cut by Econ Financial Services Corp

Econ Financial Services Corp decreased its holdings in JPMorgan Core Plus Bond ETF (BATS:JCPB) by 43.0% in the fourth quarter, HoldingsChannel.com reports. The institutional investor owned 185,901 shares of the company’s stock after selling 140,283 shares during the quarter. JPMorgan Core Plus Bond ETF accounts for about 4.4% of Econ Financial Services Corp’s holdings, making the stock its 2nd biggest holding. Econ Financial Services Corp’s holdings in JPMorgan Core Plus Bond ETF were worth $8,802,000 at the end of the most recent reporting period.

Several other hedge funds and other institutional investors have also bought and sold shares of JCPB. Parkworth Wealth Management Inc. purchased a new position in shares of JPMorgan Core Plus Bond ETF in the 2nd quarter valued at $29,000. Imprint Wealth LLC bought a new position in shares of JPMorgan Core Plus Bond ETF in the 3rd quarter worth $30,000. GoalVest Advisory LLC purchased a new stake in shares of JPMorgan Core Plus Bond ETF during the 3rd quarter worth $33,000. Total Investment Management Inc. purchased a new stake in shares of JPMorgan Core Plus Bond ETF during the 2nd quarter worth $37,000. Finally, Elevation Point Wealth Partners LLC purchased a new position in JPMorgan Core Plus Bond ETF during the 2nd quarter worth $57,000.

JPMorgan Core Plus Bond ETF Price Performance

Shares of BATS:JCPB opened at $47.08 on Wednesday. The business’s 50-day moving average is $47.47 and its 200 day moving average is $47.53. JPMorgan Core Plus Bond ETF has a 1 year low of $45.56 and a 1 year high of $48.17. The firm has a market capitalization of $6.92 billion, a P/E ratio of 60.35 and a beta of 0.24.

JPMorgan Core Plus Bond ETF Cuts Dividend

The firm also recently declared a monthly dividend, which was paid on Wednesday, March 4th. Stockholders of record on Monday, March 2nd were paid a dividend of $0.1859 per share. The ex-dividend date was Monday, March 2nd. This represents a c) dividend on an annualized basis and a dividend yield of 4.7%.

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.