Assetmark Inc. Acquires New Position in JPMorgan Core Plus Bond ETF (BATS:JCPB)

Assetmark Inc. acquired a new stake in shares of JPMorgan Core Plus Bond ETF (BATS:JCPB) in the fourth quarter, HoldingsChannel reports. The institutional investor acquired 1,081 shares of the company’s stock, valued at approximately $50,000.

A number of other hedge funds have also modified their holdings of JCPB. Contravisory Investment Management Inc. purchased a new position in shares of JPMorgan Core Plus Bond ETF during the 4th quarter valued at $25,000. Transcendent Capital Group LLC purchased a new position in shares of JPMorgan Core Plus Bond ETF in the fourth quarter valued at about $33,000. Hantz Financial Services Inc. lifted its position in shares of JPMorgan Core Plus Bond ETF by 23,350.0% in the fourth quarter. Hantz Financial Services Inc. now owns 938 shares of the company’s stock valued at $43,000 after acquiring an additional 934 shares in the last quarter. Kestra Investment Management LLC bought a new position in shares of JPMorgan Core Plus Bond ETF in the fourth quarter worth about $189,000. Finally, Strategic Financial Concepts LLC grew its position in shares of JPMorgan Core Plus Bond ETF by 8.9% during the fourth quarter. Strategic Financial Concepts LLC now owns 4,851 shares of the company’s stock worth $223,000 after purchasing an additional 397 shares in the last quarter.

JPMorgan Core Plus Bond ETF Trading Up 2.4 %

BATS JCPB opened at $46.68 on Friday. JPMorgan Core Plus Bond ETF has a 12 month low of $44.30 and a 12 month high of $48.54. The stock has a market cap of $5.79 billion, a PE ratio of 60.62 and a beta of 0.22. The stock’s 50 day moving average is $46.42 and its 200 day moving average is $46.92.

JPMorgan Core Plus Bond ETF Cuts Dividend

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