BankPlus Trust Department Invests $1.81 Million in JPMorgan Core Plus Bond ETF (BATS:JCPB)

BankPlus Trust Department bought a new stake in JPMorgan Core Plus Bond ETF (BATS:JCPB) in the 4th quarter, HoldingsChannel reports. The firm bought 39,291 shares of the company’s stock, valued at approximately $1,810,000.

Other hedge funds also recently added to or reduced their stakes in the company. Legacy Wealth Management Inc boosted its stake in shares of 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 valued at $146,570,000 after buying an additional 162,386 shares during the period. JPMorgan Chase & Co. lifted its position in shares of JPMorgan Core Plus Bond ETF by 14.3% during the 3rd quarter. JPMorgan Chase & Co. now owns 2,234,376 shares of the company’s stock valued at $107,786,000 after acquiring an additional 279,898 shares during the period. Janney Montgomery Scott LLC grew its holdings in JPMorgan Core Plus Bond ETF by 16.8% in the fourth quarter. Janney Montgomery Scott LLC now owns 1,928,429 shares of the company’s stock valued at $88,843,000 after purchasing an additional 277,491 shares during the last quarter. Moss Adams Wealth Advisors LLC increased its holdings in JPMorgan Core Plus Bond ETF by 15.7% during the 4th quarter. Moss Adams Wealth Advisors LLC now owns 1,869,799 shares of the company’s stock valued at $86,377,000 after acquiring an additional 253,902 shares in the last quarter. Finally, Grant Street Asset Management Inc. increased its stake in shares of JPMorgan Core Plus Bond ETF by 6.7% during the 3rd quarter. Grant Street Asset Management Inc. now owns 1,528,095 shares of the company’s stock worth $73,715,000 after purchasing an additional 95,419 shares in the last quarter.

JPMorgan Core Plus Bond ETF Stock Performance

BATS:JCPB opened at $46.65 on Monday. The company has a 50-day moving average price of $46.23 and a 200-day moving average price of $47.00. The stock has a market cap of $5.60 billion, a price-to-earnings ratio of 60.05 and a beta of 0.20.

JPMorgan Core Plus Bond ETF Cuts Dividend

The business also recently declared a dividend, which was paid on Wednesday, February 5th. Shareholders of record on Monday, February 3rd were issued a $0.1921 dividend. The ex-dividend date of this dividend was Monday, February 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.