Pinnacle Bancorp Inc. Takes $56,000 Position in JPMorgan Core Plus Bond ETF (BATS:JCPB)

Posted by Defense World Staff on Jun 29th, 2024

Pinnacle Bancorp Inc. bought a new stake in JPMorgan Core Plus Bond ETF (BATS:JCPB – Free Report) during the first quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The institutional investor bought 1,205 shares of the company’s stock, valued at approximately $56,000.

A number of other large investors also recently made changes to their positions in the business. Joseph Group Capital Management acquired a new position in JPMorgan Core Plus Bond ETF in the fourth quarter worth approximately $35,000. Whittier Trust Co. of Nevada Inc. acquired a new position in JPMorgan Core Plus Bond ETF in the fourth quarter worth approximately $63,000. AdvisorNet Financial Inc increased its holdings in JPMorgan Core Plus Bond ETF by 14.2% in the fourth quarter. AdvisorNet Financial Inc now owns 3,425 shares of the company’s stock worth $161,000 after buying an additional 425 shares during the last quarter. Criterion Capital Advisors LLC acquired a new position in JPMorgan Core Plus Bond ETF in the fourth quarter worth approximately $200,000. Finally, Silver Oak Securities Incorporated acquired a new position in JPMorgan Core Plus Bond ETF in the fourth quarter worth approximately $217,000.

JPMorgan Core Plus Bond ETF Stock Down 0.4 %

BATS:JCPB opened at $46.33 on Friday. The stock has a 50 day moving average price of $46.05 and a 200 day moving average price of $46.33. The firm has a market capitalization of $2.98 billion, a P/E ratio of 2.20 and a beta of 0.17.

JPMorgan Core Plus Bond ETF Increases Dividend

The business also recently announced a dividend, which was paid on Wednesday, June 5th. Shareholders of record on Monday, June 3rd were given a dividend of $0.1974 per share. The ex-dividend date of this dividend was Monday, June 3rd. This is a boost from JPMorgan Core Plus Bond ETF’s previous dividend of $0.19.

About JPMorgan Core Plus Bond ETF

(Free Report)

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.