Sprinkle Financial Consultants LLC Has $7.44 Million Stake in JPMorgan Core Plus Bond ETF $JCPB

Sprinkle Financial Consultants LLC boosted its position in JPMorgan Core Plus Bond ETF (BATS:JCPB) by 53.3% during the 4th quarter, Holdings Channel.com reports. The fund owned 157,076 shares of the company’s stock after buying an additional 54,580 shares during the quarter. JPMorgan Core Plus Bond ETF comprises 3.8% of Sprinkle Financial Consultants LLC’s investment portfolio, making the stock its 8th largest holding. Sprinkle Financial Consultants LLC’s holdings in JPMorgan Core Plus Bond ETF were worth $7,438,000 at the end of the most recent quarter.

Other hedge funds and other institutional investors have also recently added to or reduced their stakes in the company. Parkworth Wealth Management Inc. bought a new stake in JPMorgan Core Plus Bond ETF during the 2nd quarter worth about $29,000. Imprint Wealth LLC acquired a new position in JPMorgan Core Plus Bond ETF during the 3rd quarter valued at about $30,000. GoalVest Advisory LLC bought a new position in shares of JPMorgan Core Plus Bond ETF in the 3rd quarter valued at about $33,000. Total Investment Management Inc. bought a new position in shares of JPMorgan Core Plus Bond ETF in the 2nd quarter valued at about $37,000. Finally, Elevation Point Wealth Partners LLC acquired a new stake in shares of JPMorgan Core Plus Bond ETF during the 2nd quarter worth approximately $57,000.

JPMorgan Core Plus Bond ETF Price Performance

JCPB opened at $46.78 on Friday. The company has a market cap of $6.87 billion, a price-to-earnings ratio of 60.35 and a beta of 0.24. The firm has a 50 day simple moving average of $47.55 and a 200 day simple moving average of $47.56. JPMorgan Core Plus Bond ETF has a fifty-two week low of $45.56 and a fifty-two week high of $48.17.

JPMorgan Core Plus Bond ETF Cuts Dividend

The firm also recently announced a monthly dividend, which was paid on Wednesday, March 4th. Shareholders of record on Monday, March 2nd were issued a dividend of $0.1859 per share. This represents a c) dividend on an annualized basis and a yield of 4.8%. The ex-dividend date of this dividend was Monday, March 2nd.

JPMorgan Core Plus Bond ETF Company 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.