Riverchase Wealth Management LLC Acquires New Shares in JPMorgan Core Plus Bond ETF (BATS:JCPB)

Riverchase Wealth Management LLC bought a new position in shares of JPMorgan Core Plus Bond ETF (BATS:JCPB) during the 4th quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The institutional investor bought 315,670 shares of the company’s stock, valued at approximately $14,543,000. JPMorgan Core Plus Bond ETF comprises 10.9% of Riverchase Wealth Management LLC’s holdings, making the stock its 2nd biggest position. Riverchase Wealth Management LLC owned about 0.49% of JPMorgan Core Plus Bond ETF at the end of the most recent quarter.

Several other institutional investors also recently bought and sold shares of the stock. Legacy Wealth Management Inc raised its holdings in JPMorgan Core Plus Bond ETF by 5.4% in the 4th quarter. Legacy Wealth Management Inc now owns 3,181,469 shares of the company’s stock worth $146,570,000 after acquiring an additional 162,386 shares during the period. Raymond James Financial Inc. bought a new position in shares of JPMorgan Core Plus Bond ETF in the fourth quarter worth about $143,039,000. JPMorgan Chase & Co. lifted its position in shares of JPMorgan Core Plus Bond ETF by 38.8% during the 4th quarter. JPMorgan Chase & Co. now owns 3,100,895 shares of the company’s stock worth $142,858,000 after purchasing an additional 866,519 shares during the last quarter. Grant Street Asset Management Inc. boosted its stake in JPMorgan Core Plus Bond ETF by 33.0% during the 4th quarter. Grant Street Asset Management Inc. now owns 2,032,031 shares of the company’s stock valued at $93,616,000 after purchasing an additional 503,936 shares during the period. Finally, Janney Montgomery Scott LLC grew its holdings in JPMorgan Core Plus Bond ETF by 16.8% in the 4th quarter. Janney Montgomery Scott LLC now owns 1,928,429 shares of the company’s stock valued at $88,843,000 after buying an additional 277,491 shares during the last quarter.

JPMorgan Core Plus Bond ETF Trading Up 2.4 %

JCPB opened at $46.69 on Friday. JPMorgan Core Plus Bond ETF has a 1-year low of $44.30 and a 1-year high of $48.54. The business has a 50 day moving average of $46.60 and a 200-day moving average of $46.86. The stock has a market capitalization of $5.91 billion, a price-to-earnings ratio of 60.64 and a beta of 0.22.

JPMorgan Core Plus Bond ETF Cuts Dividend

The business also recently declared 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.

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.