Avantax Planning Partners Inc. Buys 132,685 Shares of JPMorgan Core Plus Bond ETF (BATS:JCPB)

Avantax Planning Partners Inc. increased its stake in shares of JPMorgan Core Plus Bond ETF (BATS:JCPB) by 47.9% in the 4th quarter, HoldingsChannel.com reports. The institutional investor owned 409,843 shares of the company’s stock after acquiring an additional 132,685 shares during the quarter. JPMorgan Core Plus Bond ETF comprises 0.7% of Avantax Planning Partners Inc.’s investment portfolio, making the stock its 26th biggest position. Avantax Planning Partners Inc.’s holdings in JPMorgan Core Plus Bond ETF were worth $18,881,000 at the end of the most recent quarter.

Other institutional investors and hedge funds have also bought and sold shares of the company. JPMorgan Chase & Co. boosted its holdings in shares of JPMorgan Core Plus Bond ETF by 14.3% during the third quarter. JPMorgan Chase & Co. now owns 2,234,376 shares of the company’s stock worth $107,786,000 after acquiring an additional 279,898 shares during the period. Kingsview Wealth Management LLC lifted its holdings in JPMorgan Core Plus Bond ETF by 23.3% during the 3rd quarter. Kingsview Wealth Management LLC now owns 31,127 shares of the company’s stock worth $1,502,000 after purchasing an additional 5,886 shares during the last quarter. Garden State Investment Advisory Services LLC boosted its stake in JPMorgan Core Plus Bond ETF by 3.3% in the 3rd quarter. Garden State Investment Advisory Services LLC now owns 208,874 shares of the company’s stock valued at $10,081,000 after purchasing an additional 6,589 shares during the period. Strategic Financial Concepts LLC grew its holdings in JPMorgan Core Plus Bond ETF by 8.9% in the 4th quarter. Strategic Financial Concepts LLC now owns 4,851 shares of the company’s stock valued at $223,000 after buying an additional 397 shares in the last quarter. Finally, Kelly Financial Group LLC bought a new position in JPMorgan Core Plus Bond ETF during the 4th quarter worth $22,299,000.

JPMorgan Core Plus Bond ETF Stock Performance

JCPB opened at $46.94 on Tuesday. The stock has a fifty day moving average of $46.37 and a 200-day moving average of $46.94. JPMorgan Core Plus Bond ETF has a fifty-two week low of $44.30 and a fifty-two week high of $48.54. The company has a market capitalization of $5.82 billion, a P/E ratio of 60.62 and a beta of 0.22.

JPMorgan Core Plus Bond ETF Cuts Dividend

The firm also recently disclosed a dividend, which was paid on Wednesday, March 5th. Shareholders of record on Monday, March 3rd were issued 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.