JPMorgan Core Plus Bond ETF (BATS:JCPB) is Joseph Group Capital Management’s Largest Position

Joseph Group Capital Management increased its position in JPMorgan Core Plus Bond ETF (BATS:JCPB) by 7.8% during the 4th quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The firm owned 753,409 shares of the company’s stock after buying an additional 54,777 shares during the quarter. JPMorgan Core Plus Bond ETF accounts for approximately 13.7% of Joseph Group Capital Management’s holdings, making the stock its biggest holding. Joseph Group Capital Management owned about 1.17% of JPMorgan Core Plus Bond ETF worth $34,710,000 at the end of the most recent reporting period.

A number of other hedge funds and other institutional investors also recently added to or reduced their stakes in JCPB. Captrust Financial Advisors grew its position in shares of JPMorgan Core Plus Bond ETF by 2.3% in the 3rd quarter. Captrust Financial Advisors now owns 1,084,023 shares of the company’s stock worth $52,293,000 after buying an additional 24,267 shares during the last quarter. Arete Wealth Advisors LLC boosted its holdings in JPMorgan Core Plus Bond ETF by 21.1% in the third quarter. Arete Wealth Advisors LLC now owns 48,502 shares of the company’s stock valued at $2,338,000 after acquiring an additional 8,455 shares in the last quarter. Tradition Wealth Management LLC increased its position in JPMorgan Core Plus Bond ETF by 6.2% during the 3rd quarter. Tradition Wealth Management LLC now owns 636,153 shares of the company’s stock valued at $30,688,000 after purchasing an additional 37,411 shares during the period. Benjamin Edwards Inc. bought a new position in JPMorgan Core Plus Bond ETF in the 3rd quarter worth $2,138,000. Finally, Ascent Group LLC lifted its position in shares of JPMorgan Core Plus Bond ETF by 12.3% in the 3rd quarter. Ascent Group LLC now owns 9,981 shares of the company’s stock worth $481,000 after purchasing an additional 1,091 shares during the period.

JPMorgan Core Plus Bond ETF Price Performance

Shares of BATS JCPB opened at $46.94 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’s 50-day moving average is $46.62 and its 200 day moving average is $46.84. The stock has a market capitalization of $5.94 billion, a P/E ratio of 60.64 and a beta of 0.22.

JPMorgan Core Plus Bond ETF Cuts Dividend

The company 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 Company 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.