Avantax Advisory Services Inc. Increases Stock Holdings in JPMorgan Core Plus Bond ETF (BATS:JCPB)

Avantax Advisory Services Inc. raised its stake in JPMorgan Core Plus Bond ETF (BATS:JCPB) by 35.0% during the 4th quarter, according to its most recent filing with the Securities and Exchange Commission. The fund owned 152,013 shares of the company’s stock after purchasing an additional 39,416 shares during the quarter. Avantax Advisory Services Inc. owned 0.24% of JPMorgan Core Plus Bond ETF worth $7,003,000 at the end of the most recent reporting period.

Other hedge funds and other institutional investors also recently modified their holdings of the company. Contravisory Investment Management Inc. purchased a new position in shares of JPMorgan Core Plus Bond ETF in the 4th quarter valued at approximately $25,000. Transcendent Capital Group LLC purchased a new position in shares of JPMorgan Core Plus Bond ETF in the 4th quarter valued at approximately $33,000. Hantz Financial Services Inc. grew its stake in shares of JPMorgan Core Plus Bond ETF by 23,350.0% in the 4th quarter. Hantz Financial Services Inc. now owns 938 shares of the company’s stock valued at $43,000 after purchasing an additional 934 shares during the last quarter. Assetmark Inc. purchased a new stake in shares of JPMorgan Core Plus Bond ETF in the fourth quarter valued at approximately $50,000. Finally, Kestra Investment Management LLC purchased a new stake in shares of JPMorgan Core Plus Bond ETF in the fourth quarter valued at approximately $189,000.

JPMorgan Core Plus Bond ETF Price Performance

JPMorgan Core Plus Bond ETF stock opened at $46.81 on Friday. JPMorgan Core Plus Bond ETF has a 1-year low of $44.30 and a 1-year high of $48.54. The company has a market cap of $5.80 billion, a PE ratio of 60.62 and a beta of 0.22. The stock’s 50 day moving average price is $46.40 and its 200 day moving average price is $46.93.

JPMorgan Core Plus Bond ETF Cuts Dividend

The firm also recently declared a dividend, which was paid on Wednesday, March 5th. Investors of record on Monday, March 3rd were paid a $0.1873 dividend. The ex-dividend date was Monday, March 3rd.

JPMorgan Core Plus Bond ETF Profile

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.