Sowell Financial Services LLC Purchases 15,031 Shares of JPMorgan Core Plus Bond ETF $JCPB

Sowell Financial Services LLC boosted its position in shares of JPMorgan Core Plus Bond ETF (BATS:JCPB) by 105.3% in the fourth quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The institutional investor owned 29,312 shares of the company’s stock after purchasing an additional 15,031 shares during the period. Sowell Financial Services LLC’s holdings in JPMorgan Core Plus Bond ETF were worth $1,388,000 at the end of the most recent reporting period.

A number of other large investors have also recently added to or reduced their stakes in the company. Clarity Wealth Advisors LLC grew its holdings in shares of JPMorgan Core Plus Bond ETF by 17.0% in the 3rd quarter. Clarity Wealth Advisors LLC now owns 191,243 shares of the company’s stock valued at $9,094,000 after acquiring an additional 27,822 shares in the last quarter. Choice Wealth Advisors LLC bought a new position in shares of JPMorgan Core Plus Bond ETF in the 4th quarter valued at about $16,033,000. Arbor Trust Wealth Advisors LLC grew its holdings in shares of JPMorgan Core Plus Bond ETF by 6.1% in the 3rd quarter. Arbor Trust Wealth Advisors LLC now owns 232,033 shares of the company’s stock valued at $11,033,000 after acquiring an additional 13,244 shares in the last quarter. Captrust Financial Advisors grew its holdings in shares of JPMorgan Core Plus Bond ETF by 5.4% in the 3rd quarter. Captrust Financial Advisors now owns 1,312,993 shares of the company’s stock valued at $62,433,000 after acquiring an additional 67,551 shares in the last quarter. Finally, Aspen Wealth Management LLC grew its holdings in shares of JPMorgan Core Plus Bond ETF by 13.0% in the 4th quarter. Aspen Wealth Management LLC now owns 706,710 shares of the company’s stock valued at $33,463,000 after acquiring an additional 81,355 shares in the last quarter.

JPMorgan Core Plus Bond ETF Price Performance

Shares of BATS JCPB opened at $46.99 on Wednesday. The stock has a market capitalization of $6.90 billion, a price-to-earnings ratio of 60.35 and a beta of 0.24. The business has a 50-day moving average of $47.41 and a 200-day moving average of $47.51. JPMorgan Core Plus Bond ETF has a fifty-two week low of $45.56 and a fifty-two week high of $48.17.

JPMorgan Core Plus Bond ETF Cuts Dividend

The company also recently announced a monthly dividend, which was paid on Wednesday, March 4th. Investors of record on Monday, March 2nd were paid a $0.1859 dividend. The ex-dividend date of this dividend was Monday, March 2nd. This represents a c) annualized dividend and a dividend yield of 4.7%.

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.