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

Sowell Financial Services LLC lifted its position in 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 & Exchange Commission. The institutional investor owned 29,312 shares of the company’s stock after buying 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 as of its most recent SEC filing.

Other large investors have also made changes to their positions in the company. Imprint Wealth LLC bought a new stake in shares of JPMorgan Core Plus Bond ETF in the 3rd quarter valued at $30,000. GoalVest Advisory LLC bought a new stake in JPMorgan Core Plus Bond ETF during the 3rd quarter worth approximately $33,000. Total Investment Management Inc. bought a new stake in JPMorgan Core Plus Bond ETF during the 2nd quarter worth approximately $37,000. GGM Financials LLC bought a new stake in JPMorgan Core Plus Bond ETF during the 3rd quarter worth approximately $58,000. Finally, Cullen Frost Bankers Inc. bought a new stake in JPMorgan Core Plus Bond ETF during the 3rd quarter worth approximately $99,000.

JPMorgan Core Plus Bond ETF Stock Performance

BATS JCPB opened at $46.99 on Wednesday. The business has a 50 day simple moving average of $47.41 and a 200 day simple moving average of $47.51. JPMorgan Core Plus Bond ETF has a 52-week low of $45.56 and a 52-week high of $48.17. The stock has a market cap of $6.90 billion, a price-to-earnings 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. Investors of record on Monday, March 2nd were paid a dividend of $0.1859 per share. This represents a c) dividend on an annualized basis and a yield of 4.7%. The ex-dividend date of this dividend was Monday, March 2nd.

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.