Trinity Legacy Partners LLC Reduces Position in JPMorgan Core Plus Bond ETF (BATS:JCPB)

Trinity Legacy Partners LLC cut its position in shares of JPMorgan Core Plus Bond ETF (BATS:JCPB) by 11.0% in the fourth quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The institutional investor owned 272,945 shares of the company’s stock after selling 33,876 shares during the period. JPMorgan Core Plus Bond ETF comprises 3.2% of Trinity Legacy Partners LLC’s portfolio, making the stock its 4th biggest position. Trinity Legacy Partners LLC’s holdings in JPMorgan Core Plus Bond ETF were worth $12,575,000 at the end of the most recent reporting period.

Other hedge funds and other institutional investors have also made changes to their positions in the company. Valeo Financial Advisors LLC grew its holdings in JPMorgan Core Plus Bond ETF by 312.6% in the fourth 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 during the last quarter. Joseph Group Capital Management acquired a new stake in JPMorgan Core Plus Bond ETF in the third quarter worth about $33,702,000. Thrivent Financial for Lutherans grew its stake in shares of JPMorgan Core Plus Bond ETF by 107.2% during the third quarter. Thrivent Financial for Lutherans now owns 949,181 shares of the company’s stock worth $45,788,000 after acquiring an additional 490,986 shares during the last quarter. Legacy Wealth Management Inc raised its position in shares of 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 valued at $145,641,000 after purchasing an additional 355,683 shares during the last quarter. Finally, Savant Capital LLC acquired 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

BATS JCPB opened at $46.46 on Friday. The firm has a market cap of $5.57 billion, a P/E ratio of 60.05 and a beta of 0.20. The firm has a 50-day moving average price of $46.23 and a two-hundred day moving average price of $47.01.

JPMorgan Core Plus Bond ETF Cuts Dividend

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