JPMorgan Core Plus Bond ETF (BATS:JCPB) is Financial Connections Group Inc.’s 2nd Largest Position

Financial Connections Group Inc. grew its holdings in JPMorgan Core Plus Bond ETF (BATS:JCPB) by 2.0% during the fourth quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The firm owned 462,002 shares of the company’s stock after purchasing an additional 9,270 shares during the period. JPMorgan Core Plus Bond ETF comprises approximately 10.2% of Financial Connections Group Inc.’s holdings, making the stock its 2nd largest holding. Financial Connections Group Inc. owned approximately 0.72% of JPMorgan Core Plus Bond ETF worth $21,284,000 as of its most recent SEC filing.

Several other institutional investors and hedge funds have also made changes to their positions in the business. CWM LLC raised its stake in shares of JPMorgan Core Plus Bond ETF by 31.9% during the third quarter. CWM LLC now owns 23,433 shares of the company’s stock valued at $1,130,000 after acquiring an additional 5,674 shares in the last quarter. Concourse Financial Group Securities Inc. purchased a new position in JPMorgan Core Plus Bond ETF during the 3rd quarter worth $30,000. Dover Advisors LLC bought a new stake in JPMorgan Core Plus Bond ETF during the 3rd quarter valued at $338,000. FMA Wealth Management LLC raised its position in JPMorgan Core Plus Bond ETF by 35.4% during the 3rd quarter. FMA Wealth Management LLC now owns 282,991 shares of the company’s stock valued at $13,651,000 after purchasing an additional 73,954 shares in the last quarter. Finally, Magnus Financial Group LLC lifted its holdings in shares of JPMorgan Core Plus Bond ETF by 68.4% in the 3rd quarter. Magnus Financial Group LLC now owns 235,319 shares of the company’s stock worth $11,352,000 after buying an additional 95,576 shares during the period.

JPMorgan Core Plus Bond ETF Stock Performance

Shares of JPMorgan Core Plus Bond ETF stock opened at $46.30 on Wednesday. The company’s 50 day moving average price is $46.34 and its two-hundred day moving average price is $47.05. The stock has a market capitalization of $2.98 billion, a price-to-earnings ratio of 2.20 and a beta of 0.17.

JPMorgan Core Plus Bond ETF Cuts Dividend

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

JPMorgan Core Plus Bond ETF Company 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.