JPMorgan Core Plus Bond ETF $JCPB is Factory Mutual Insurance Co.’s 9th Largest Position

Factory Mutual Insurance Co. lifted its holdings in shares of JPMorgan Core Plus Bond ETF (BATS:JCPB) by 81.8% during the third quarter, according to the company in its most recent Form 13F filing with the SEC. The fund owned 5,846,314 shares of the company’s stock after acquiring an additional 2,630,014 shares during the quarter. JPMorgan Core Plus Bond ETF accounts for about 2.7% of Factory Mutual Insurance Co.’s investment portfolio, making the stock its 9th biggest position. Factory Mutual Insurance Co. owned approximately 3.98% of JPMorgan Core Plus Bond ETF worth $277,992,000 as of its most recent SEC filing.

Other institutional investors have also modified their holdings of the company. Parkworth Wealth Management Inc. acquired a new stake in JPMorgan Core Plus Bond ETF during the 2nd quarter valued at approximately $29,000. GoalVest Advisory LLC purchased a new position in shares of JPMorgan Core Plus Bond ETF during the 3rd quarter valued at approximately $33,000. Total Investment Management Inc. acquired a new stake in shares of JPMorgan Core Plus Bond ETF during the second quarter worth approximately $37,000. Elevation Point Wealth Partners LLC acquired a new stake in shares of JPMorgan Core Plus Bond ETF during the second quarter worth approximately $57,000. Finally, Cullen Frost Bankers Inc. bought a new stake in shares of JPMorgan Core Plus Bond ETF in the third quarter worth $99,000.

JPMorgan Core Plus Bond ETF Price Performance

JCPB opened at $47.91 on Friday. JPMorgan Core Plus Bond ETF has a 12-month low of $45.56 and a 12-month high of $48.01. The stock has a market capitalization of $7.04 billion, a PE ratio of 60.35 and a beta of 0.24. The firm’s fifty day moving average price is $47.54 and its 200 day moving average price is $47.48.

JPMorgan Core Plus Bond ETF Increases Dividend

The business also recently declared a monthly dividend, which was paid on Wednesday, February 4th. Stockholders of record on Monday, February 2nd were given a dividend of $0.1973 per share. The ex-dividend date of this dividend was Monday, February 2nd. This is a positive change from JPMorgan Core Plus Bond ETF’s previous monthly dividend of $0.19. This represents a c) annualized dividend and a dividend yield of 4.9%.

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.