Vestmark Advisory Solutions Inc. Boosts Stock Holdings in JPMorgan Core Plus Bond ETF (BATS:JCPB)

Vestmark Advisory Solutions Inc. raised its position in JPMorgan Core Plus Bond ETF (BATS:JCPB) by 17.8% during the 4th quarter, HoldingsChannel.com reports. The institutional investor owned 1,121,915 shares of the company’s stock after acquiring an additional 169,695 shares during the period. JPMorgan Core Plus Bond ETF makes up about 1.8% of Vestmark Advisory Solutions Inc.’s holdings, making the stock its 7th largest holding. Vestmark Advisory Solutions Inc.’s holdings in JPMorgan Core Plus Bond ETF were worth $51,687,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

Several other institutional investors and hedge funds also recently bought and sold shares of JCPB. Raymond James Financial Inc. bought a new position in JPMorgan Core Plus Bond ETF in the fourth quarter worth about $143,039,000. Valeo Financial Advisors LLC boosted its holdings in shares of JPMorgan Core Plus Bond ETF by 312.6% during the 4th quarter. Valeo Financial Advisors LLC now owns 1,482,502 shares of the company’s stock valued at $68,299,000 after acquiring an additional 1,123,217 shares during the last quarter. Joseph Group Capital Management purchased a new stake in JPMorgan Core Plus Bond ETF during the 3rd quarter valued at $33,702,000. Thrivent Financial for Lutherans boosted its position in JPMorgan Core Plus Bond ETF by 107.2% in the third quarter. Thrivent Financial for Lutherans now owns 949,181 shares of the company’s stock worth $45,788,000 after purchasing an additional 490,986 shares during the last quarter. Finally, Kelly Financial Group LLC bought a new stake in JPMorgan Core Plus Bond ETF during the fourth quarter valued at approximately $22,299,000.

JPMorgan Core Plus Bond ETF Stock Up 2.8 %

JPMorgan Core Plus Bond ETF stock opened at $46.87 on Thursday. The business has a 50-day moving average price of $46.33 and a 200 day moving average price of $46.97. The stock has a market cap of $5.62 billion, a price-to-earnings ratio of 60.05 and a beta of 0.20.

JPMorgan Core Plus Bond ETF Cuts Dividend

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