Riverchase Wealth Management LLC Acquires New Holdings 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, Holdings Channel reports. The institutional investor bought 315,670 shares of the company’s stock, valued at approximately $14,543,000. JPMorgan Core Plus Bond ETF makes up 10.9% of Riverchase Wealth Management LLC’s holdings, making the stock its 2nd largest position.

Other institutional investors have also recently bought and sold shares of the company. Contravisory Investment Management Inc. acquired a new stake in shares of JPMorgan Core Plus Bond ETF during the fourth quarter worth $25,000. Transcendent Capital Group LLC acquired a new stake in shares of JPMorgan Core Plus Bond ETF in the 4th quarter valued at about $33,000. Wintrust Investments LLC acquired a new stake in shares of JPMorgan Core Plus Bond ETF in the 4th quarter valued at about $40,000. Hantz Financial Services Inc. lifted its holdings 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 purchasing an additional 934 shares in the last quarter. Finally, OLD Point Trust & Financial Services N A acquired a new position in shares of JPMorgan Core Plus Bond ETF during the fourth quarter worth about $46,000.

JPMorgan Core Plus Bond ETF Stock Performance

Shares of JPMorgan Core Plus Bond ETF stock opened at $46.69 on Friday. JPMorgan Core Plus Bond ETF has a 52-week low of $44.30 and a 52-week high of $48.54. The business’s 50 day simple moving average is $46.60 and its 200 day simple moving average is $46.86. The firm has a market cap of $5.91 billion, a PE ratio of 60.64 and a beta of 0.22.

JPMorgan Core Plus Bond ETF Cuts Dividend

The firm also recently disclosed a dividend, which was paid on Wednesday, March 5th. Stockholders of record on Monday, March 3rd were issued 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.