Townsquare Capital LLC Cuts Position in JPMorgan Core Plus Bond ETF (BATS:JCPB)

Townsquare Capital LLC reduced its stake in shares of JPMorgan Core Plus Bond ETF (BATS:JCPB) by 8.4% in the fourth quarter, HoldingsChannel reports. The firm owned 95,389 shares of the company’s stock after selling 8,801 shares during the period. Townsquare Capital LLC’s holdings in JPMorgan Core Plus Bond ETF were worth $4,395,000 as of its most recent SEC filing.

A number of other institutional investors also recently added to or reduced their stakes in the stock. Florida Financial Advisors LLC grew its position in shares of JPMorgan Core Plus Bond ETF by 37.8% in the 4th quarter. Florida Financial Advisors LLC now owns 31,430 shares of the company’s stock worth $1,448,000 after buying an additional 8,629 shares during the last quarter. JPMorgan Chase & Co. grew its holdings in JPMorgan Core Plus Bond ETF by 14.3% in the third quarter. JPMorgan Chase & Co. now owns 2,234,376 shares of the company’s stock worth $107,786,000 after purchasing an additional 279,898 shares during the last quarter. Thrivent Financial for Lutherans increased its position in shares of JPMorgan Core Plus Bond ETF by 6.4% during the fourth quarter. Thrivent Financial for Lutherans now owns 1,009,670 shares of the company’s stock worth $46,515,000 after purchasing an additional 60,489 shares in the last quarter. Garden State Investment Advisory Services LLC boosted its position in shares of JPMorgan Core Plus Bond ETF by 3.3% in the 3rd quarter. Garden State Investment Advisory Services LLC now owns 208,874 shares of the company’s stock worth $10,081,000 after purchasing an additional 6,589 shares in the last quarter. Finally, Strategic Financial Concepts LLC grew its stake in JPMorgan Core Plus Bond ETF by 8.9% during the 4th quarter. Strategic Financial Concepts LLC now owns 4,851 shares of the company’s stock worth $223,000 after buying an additional 397 shares during the last quarter.

JPMorgan Core Plus Bond ETF Stock Performance

JPMorgan Core Plus Bond ETF stock opened at $46.12 on Tuesday. The stock has a market cap of $6.10 billion, a PE ratio of 59.50 and a beta of 0.24. The stock has a 50-day moving average of $46.67 and a two-hundred day moving average of $46.70. JPMorgan Core Plus Bond ETF has a one year low of $44.30 and a one year high of $48.54.

JPMorgan Core Plus Bond ETF Cuts Dividend

The business also recently disclosed a dividend, which was paid on Wednesday, March 5th. Investors of record on Monday, March 3rd were given a $0.1873 dividend. The ex-dividend date of this dividend was Monday, March 3rd.

About JPMorgan Core Plus Bond ETF

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.