Vestmark Advisory Solutions Inc. Reduces Stock Holdings in JPMorgan Core Plus Bond ETF $JCPB

Vestmark Advisory Solutions Inc. reduced its stake in shares of JPMorgan Core Plus Bond ETF (BATS:JCPB) by 43.0% in the 3rd quarter, Holdings Channel.com reports. The firm owned 1,862,304 shares of the company’s stock after selling 1,402,356 shares during the quarter. JPMorgan Core Plus Bond ETF makes up 1.7% of Vestmark Advisory Solutions Inc.’s holdings, making the stock its 8th largest holding. Vestmark Advisory Solutions Inc.’s holdings in JPMorgan Core Plus Bond ETF were worth $88,553,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

A number of other hedge funds have also recently bought and sold shares of the stock. Clarity Wealth Advisors LLC raised its position in shares of JPMorgan Core Plus Bond ETF by 17.0% during the third quarter. Clarity Wealth Advisors LLC now owns 191,243 shares of the company’s stock valued at $9,094,000 after buying an additional 27,822 shares during the last quarter. Apella Capital LLC grew its position in JPMorgan Core Plus Bond ETF by 996.2% during the third quarter. Apella Capital LLC now owns 232,771 shares of the company’s stock worth $11,143,000 after buying an additional 211,536 shares in the last quarter. BankPlus Wealth Management LLC increased its stake in JPMorgan Core Plus Bond ETF by 7.4% during the third quarter. BankPlus Wealth Management LLC now owns 286,540 shares of the company’s stock valued at $13,625,000 after acquiring an additional 19,730 shares during the period. Alpine Bank Wealth Management increased its stake in JPMorgan Core Plus Bond ETF by 84.3% during the third quarter. Alpine Bank Wealth Management now owns 1,574,742 shares of the company’s stock valued at $74,879,000 after acquiring an additional 720,527 shares during the period. Finally, Walkner Condon Financial Advisors LLC raised its holdings in JPMorgan Core Plus Bond ETF by 10.5% in the 3rd quarter. Walkner Condon Financial Advisors LLC now owns 438,668 shares of the company’s stock valued at $20,859,000 after acquiring an additional 41,751 shares in the last quarter.

JPMorgan Core Plus Bond ETF Trading Down 0.0%

Shares of JCPB stock opened at $47.90 on Friday. JPMorgan Core Plus Bond ETF has a 12 month low of $45.56 and a 12 month high of $48.01. The company has a market capitalization of $7.04 billion, a P/E ratio of 60.35 and a beta of 0.24. The stock has a 50 day moving average of $47.55 and a two-hundred day moving average of $47.49.

JPMorgan Core Plus Bond ETF Increases Dividend

The company also recently announced a monthly dividend, which was paid on Wednesday, February 4th. Investors of record on Monday, February 2nd were given a $0.1973 dividend. This represents a c) annualized dividend and a yield of 4.9%. This is an increase from JPMorgan Core Plus Bond ETF’s previous monthly dividend of $0.19. The ex-dividend date of this dividend was Monday, February 2nd.

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.