SeaCrest Wealth Management LLC Boosts Stake in JPMorgan Core Plus Bond ETF $JCPB

SeaCrest Wealth Management LLC increased its position in JPMorgan Core Plus Bond ETF (BATS:JCPB) by 143.3% in the fourth quarter, HoldingsChannel reports. The firm owned 19,085 shares of the company’s stock after purchasing an additional 11,241 shares during the quarter. SeaCrest Wealth Management LLC’s holdings in JPMorgan Core Plus Bond ETF were worth $906,000 as of its most recent SEC filing.

Several other hedge funds and other institutional investors also recently added to or reduced their stakes in JCPB. Parkworth Wealth Management Inc. purchased a new position in JPMorgan Core Plus Bond ETF during the second quarter valued at $29,000. Imprint Wealth LLC bought a new stake in shares of JPMorgan Core Plus Bond ETF during the 3rd quarter valued at $30,000. GoalVest Advisory LLC purchased a new stake in shares of JPMorgan Core Plus Bond ETF in the 3rd quarter worth about $33,000. Total Investment Management Inc. bought a new position in shares of JPMorgan Core Plus Bond ETF in the 2nd quarter worth about $37,000. Finally, Elevation Point Wealth Partners LLC bought a new position in shares of JPMorgan Core Plus Bond ETF in the 2nd quarter worth about $57,000.

JPMorgan Core Plus Bond ETF Price Performance

Shares of BATS JCPB opened at $46.69 on Friday. JPMorgan Core Plus Bond ETF has a 1 year low of $45.56 and a 1 year high of $48.17. The firm has a 50-day moving average of $47.50 and a 200 day moving average of $47.55. The stock has a market cap of $6.86 billion, a P/E ratio of 60.35 and a beta of 0.24.

JPMorgan Core Plus Bond ETF Cuts Dividend

The firm also recently announced a monthly dividend, which was paid on Wednesday, March 4th. Stockholders of record on Monday, March 2nd were issued a dividend of $0.1859 per share. This represents a c) annualized dividend and a dividend yield of 4.8%. The ex-dividend date was Monday, March 2nd.

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.