JPMorgan Core Plus Bond ETF (BATS:JCPB) is Cedar Point Capital Partners LLC’s 5th Largest Position

Cedar Point Capital Partners LLC lifted its stake in shares of JPMorgan Core Plus Bond ETF (BATS:JCPB) by 3.5% in the 2nd quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The fund owned 182,162 shares of the company’s stock after purchasing an additional 6,220 shares during the quarter. JPMorgan Core Plus Bond ETF comprises approximately 6.3% of Cedar Point Capital Partners LLC’s portfolio, making the stock its 5th biggest position. Cedar Point Capital Partners LLC owned about 0.28% of JPMorgan Core Plus Bond ETF worth $8,440,000 at the end of the most recent reporting period.

Several other large investors have also modified their holdings of JCPB. Joseph Group Capital Management purchased a new position in JPMorgan Core Plus Bond ETF in the fourth quarter worth $35,000. Pinnacle Bancorp Inc. purchased a new position in JPMorgan Core Plus Bond ETF in the first quarter worth $56,000. Whittier Trust Co. of Nevada Inc. raised its position in JPMorgan Core Plus Bond ETF by 50.6% in the first quarter. Whittier Trust Co. of Nevada Inc. now owns 2,012 shares of the company’s stock worth $94,000 after acquiring an additional 676 shares in the last quarter. Geneos Wealth Management Inc. raised its position in JPMorgan Core Plus Bond ETF by 3,028.0% in the first quarter. Geneos Wealth Management Inc. now owns 3,910 shares of the company’s stock worth $182,000 after acquiring an additional 3,785 shares in the last quarter. Finally, Criterion Capital Advisors LLC purchased a new position in JPMorgan Core Plus Bond ETF in the fourth quarter worth $200,000.

JPMorgan Core Plus Bond ETF Price Performance

BATS:JCPB traded up $0.10 during trading hours on Wednesday, hitting $47.73. The company’s stock had a trading volume of 371,487 shares. The company has a 50-day moving average price of $46.71 and a 200-day moving average price of $46.34. The firm has a market capitalization of $3.07 billion, a P/E ratio of 2.20 and a beta of 0.17.

JPMorgan Core Plus Bond ETF Increases Dividend

The firm also recently disclosed a dividend, which was paid on Wednesday, July 3rd. Shareholders of record on Monday, July 1st were given a $0.202 dividend. This is a boost from JPMorgan Core Plus Bond ETF’s previous dividend of $0.20. The ex-dividend date was Monday, July 1st.

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.