SNS Financial Group LLC Boosts Stock Position in JPMorgan Core Plus Bond ETF $JCPB

SNS Financial Group LLC increased its holdings in JPMorgan Core Plus Bond ETF (BATS:JCPB) by 27.3% during the 3rd quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The fund owned 659,276 shares of the company’s stock after purchasing an additional 141,263 shares during the quarter. JPMorgan Core Plus Bond ETF makes up approximately 2.7% of SNS Financial Group LLC’s holdings, making the stock its 13th largest holding. SNS Financial Group LLC owned about 0.45% of JPMorgan Core Plus Bond ETF worth $31,349,000 at the end of the most recent quarter.

Other hedge funds also recently bought and sold shares of the company. HB Wealth Management LLC lifted its holdings in JPMorgan Core Plus Bond ETF by 34.2% in the 3rd quarter. HB Wealth Management LLC now owns 10,425,820 shares of the company’s stock worth $495,748,000 after buying an additional 2,659,142 shares during the period. Factory Mutual Insurance Co. increased its stake in shares of JPMorgan Core Plus Bond ETF by 81.8% during the third quarter. Factory Mutual Insurance Co. now owns 5,846,314 shares of the company’s stock valued at $277,992,000 after buying an additional 2,630,014 shares during the period. Bouchey Financial Group Ltd purchased a new position in shares of JPMorgan Core Plus Bond ETF during the second quarter valued at approximately $34,423,000. Alpine Bank Wealth Management raised its holdings in shares of JPMorgan Core Plus Bond ETF by 84.3% during the third quarter. Alpine Bank Wealth Management now owns 1,574,742 shares of the company’s stock valued at $74,879,000 after acquiring an additional 720,527 shares in the last quarter. Finally, Avantax Planning Partners Inc. raised its holdings in shares of JPMorgan Core Plus Bond ETF by 75.4% during the third quarter. Avantax Planning Partners Inc. now owns 1,582,620 shares of the company’s stock valued at $75,254,000 after acquiring an additional 680,141 shares in the last quarter.

JPMorgan Core Plus Bond ETF Stock Down 0.1%

Shares of JCPB stock opened at $47.49 on Monday. The firm has a market capitalization of $6.98 billion, a price-to-earnings ratio of 60.35 and a beta of 0.24. The stock has a fifty day moving average of $47.59 and a 200 day moving average of $47.56. JPMorgan Core Plus Bond ETF has a 52 week low of $45.56 and a 52 week high of $48.17.

JPMorgan Core Plus Bond ETF Cuts Dividend

The business also recently announced a monthly dividend, which was paid on Wednesday, March 4th. Stockholders of record on Monday, March 2nd were given a $0.1859 dividend. This represents a c) annualized dividend and a dividend yield of 4.7%. The ex-dividend date of this dividend was Monday, March 2nd.

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.