Continuum Advisory LLC Sells 6,589 Shares of JPMorgan Core Plus Bond ETF (BATS:JCPB)

Continuum Advisory LLC reduced its position in shares of JPMorgan Core Plus Bond ETF (BATS:JCPB) by 1.4% in the 4th quarter, Holdings Channel reports. The institutional investor owned 459,917 shares of the company’s stock after selling 6,589 shares during the quarter. JPMorgan Core Plus Bond ETF accounts for about 2.7% of Continuum Advisory LLC’s investment portfolio, making the stock its 3rd biggest holding. Continuum Advisory LLC’s holdings in JPMorgan Core Plus Bond ETF were worth $21,188,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

A number of other hedge funds have also modified their holdings of JCPB. Raymond James Financial Inc. bought a new position in JPMorgan Core Plus Bond ETF in the fourth quarter valued at approximately $143,039,000. Wells Fargo & Company MN raised its position in JPMorgan Core Plus Bond ETF by 25,307.5% during the fourth quarter. Wells Fargo & Company MN now owns 1,793,770 shares of the company’s stock worth $82,639,000 after acquiring an additional 1,786,710 shares in the last quarter. Hughes Financial Services LLC bought a new position in shares of JPMorgan Core Plus Bond ETF in the 4th quarter valued at about $56,094,000. Valeo Financial Advisors LLC increased its stake in shares of JPMorgan Core Plus Bond ETF by 312.6% during 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 during the last quarter. Finally, JPMorgan Chase & Co. increased its stake in shares of JPMorgan Core Plus Bond ETF by 38.8% during the 4th quarter. JPMorgan Chase & Co. now owns 3,100,895 shares of the company’s stock worth $142,858,000 after purchasing an additional 866,519 shares during the last quarter.

JPMorgan Core Plus Bond ETF Stock Up 1.4%

Shares of BATS JCPB opened at $46.24 on Wednesday. The business’s 50 day moving average price is $46.53 and its two-hundred day moving average price is $46.52. The company has a market cap of $6.20 billion, a PE ratio of 60.15 and a beta of 0.25. JPMorgan Core Plus Bond ETF has a twelve month low of $44.30 and a twelve month high of $48.54.

JPMorgan Core Plus Bond ETF Cuts Dividend

The company also recently declared a dividend, which was paid on Wednesday, March 5th. Investors of record on Monday, March 3rd were issued a dividend of $0.1873 per share. The ex-dividend date of this dividend was Monday, March 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.