Cannon Wealth Management Services LLC Has $7.43 Million Stake in JPMorgan Core Plus Bond ETF (BATS:JCPB)

Cannon Wealth Management Services LLC increased its holdings in JPMorgan Core Plus Bond ETF (BATS:JCPB) by 26.9% in the 4th quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The firm owned 160,664 shares of the company’s stock after buying an additional 34,090 shares during the period. JPMorgan Core Plus Bond ETF accounts for 6.4% of Cannon Wealth Management Services LLC’s investment portfolio, making the stock its 2nd biggest position. Cannon Wealth Management Services LLC owned approximately 0.25% of JPMorgan Core Plus Bond ETF worth $7,428,000 as of its most recent SEC filing.

Several other institutional investors and hedge funds have also bought and sold shares of JCPB. Valeo Financial Advisors LLC lifted its stake in JPMorgan Core Plus Bond ETF by 312.6% in the 4th quarter. Valeo Financial Advisors LLC now owns 1,482,502 shares of the company’s stock worth $68,299,000 after purchasing an additional 1,123,217 shares in the last quarter. Joseph Group Capital Management purchased a new stake in JPMorgan Core Plus Bond ETF in the 3rd quarter worth approximately $33,702,000. Thrivent Financial for Lutherans lifted its stake in JPMorgan Core Plus Bond ETF by 107.2% in the 3rd quarter. Thrivent Financial for Lutherans now owns 949,181 shares of the company’s stock worth $45,788,000 after purchasing an additional 490,986 shares in the last quarter. Legacy Wealth Management Inc lifted its stake in JPMorgan Core Plus Bond ETF by 13.4% in the 3rd quarter. Legacy Wealth Management Inc now owns 3,019,083 shares of the company’s stock worth $145,641,000 after purchasing an additional 355,683 shares in the last quarter. Finally, Savant Capital LLC purchased a new stake in JPMorgan Core Plus Bond ETF in the 4th quarter worth approximately $13,965,000.

JPMorgan Core Plus Bond ETF Stock Performance

JPMorgan Core Plus Bond ETF stock opened at $46.65 on Monday. The firm’s fifty day moving average is $46.23 and its two-hundred day moving average is $47.00. The stock has a market cap of $5.60 billion, a PE ratio of 60.05 and a beta of 0.20.

JPMorgan Core Plus Bond ETF Cuts Dividend

The business also recently disclosed a dividend, which was paid on Wednesday, February 5th. Stockholders of record on Monday, February 3rd were given a dividend of $0.1921 per share. The ex-dividend date of this dividend was Monday, February 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.