JPMorgan Core Plus Bond ETF (BATS:JCPB) Stake Lifted by SPC Financial Inc.

SPC Financial Inc. boosted its position in JPMorgan Core Plus Bond ETF (BATS:JCPB) by 2.7% in the second quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The firm owned 528,819 shares of the company’s stock after purchasing an additional 13,884 shares during the period. JPMorgan Core Plus Bond ETF makes up about 2.3% of SPC Financial Inc.’s portfolio, making the stock its 11th largest holding. SPC Financial Inc. owned 0.82% of JPMorgan Core Plus Bond ETF worth $24,500,000 at the end of the most recent reporting period.

Other institutional investors and hedge funds have also recently added to or reduced their stakes in the company. Joseph Group Capital Management bought a new position in JPMorgan Core Plus Bond ETF during the fourth quarter valued at about $35,000. Pinnacle Bancorp Inc. purchased a new position in JPMorgan Core Plus Bond ETF in the 1st quarter worth about $56,000. International Assets Investment Management LLC acquired a new stake in JPMorgan Core Plus Bond ETF during the 2nd quarter worth about $63,000. Strategic Financial Concepts LLC purchased a new stake in JPMorgan Core Plus Bond ETF during the second quarter valued at about $72,000. Finally, Whittier Trust Co. of Nevada Inc. boosted its holdings in shares of 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 buying an additional 676 shares during the period.

JPMorgan Core Plus Bond ETF Stock Performance

JPMorgan Core Plus Bond ETF stock opened at $48.24 on Tuesday. The stock has a fifty day moving average price of $47.76 and a 200 day moving average price of $46.71. The stock has a market capitalization of $3.11 billion, a P/E ratio of 2.20 and a beta of 0.17.

JPMorgan Core Plus Bond ETF Increases Dividend

The company also recently disclosed a dividend, which was paid on Thursday, September 5th. Shareholders of record on Tuesday, September 3rd were given a dividend of $0.2049 per share. This is a boost from JPMorgan Core Plus Bond ETF’s previous dividend of $0.20. The ex-dividend date of this dividend was Tuesday, September 3rd.

JPMorgan Core Plus Bond ETF 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.