WealthTrak Capital Management LLC Takes $339,000 Position in JPMorgan Core Plus Bond ETF (BATS:JCPB)

WealthTrak Capital Management LLC acquired a new position in JPMorgan Core Plus Bond ETF (BATS:JCPB) in the fourth quarter, according to the company in its most recent disclosure with the SEC. The firm acquired 7,354 shares of the company’s stock, valued at approximately $339,000.

A number of other hedge funds and other institutional investors have also recently added to or reduced their stakes in the company. Orion Portfolio Solutions LLC grew its stake in JPMorgan Core Plus Bond ETF by 25.7% during the 4th quarter. Orion Portfolio Solutions LLC now owns 35,848 shares of the company’s stock valued at $1,652,000 after acquiring an additional 7,327 shares in the last quarter. Riverchase Wealth Management LLC purchased a new position in JPMorgan Core Plus Bond ETF during the fourth quarter valued at approximately $14,543,000. AssuredPartners Investment Advisors LLC acquired a new position in JPMorgan Core Plus Bond ETF in the 4th quarter valued at approximately $4,408,000. JPMorgan Chase & Co. lifted its position in JPMorgan Core Plus Bond ETF by 38.8% in the 4th quarter. JPMorgan Chase & Co. now owns 3,100,895 shares of the company’s stock worth $142,858,000 after buying an additional 866,519 shares in the last quarter. Finally, Florida Financial Advisors LLC boosted its stake in shares of JPMorgan Core Plus Bond ETF by 37.8% during the 4th quarter. Florida Financial Advisors LLC now owns 31,430 shares of the company’s stock valued at $1,448,000 after buying an additional 8,629 shares during the period.

JPMorgan Core Plus Bond ETF Stock Up 2.9 %

JPMorgan Core Plus Bond ETF stock opened at $46.94 on Friday. JPMorgan Core Plus Bond ETF has a 12 month low of $44.30 and a 12 month high of $48.54. The stock has a market cap of $5.94 billion, a P/E ratio of 60.64 and a beta of 0.22. The company’s fifty day simple moving average is $46.62 and its 200-day simple moving average is $46.85.

JPMorgan Core Plus Bond ETF Cuts Dividend

The company also recently announced a dividend, which was paid on Wednesday, March 5th. Shareholders of record on Monday, March 3rd were given a $0.1873 dividend. The ex-dividend date of this dividend was Monday, March 3rd.

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.