JPMorgan Core Plus Bond ETF $JCPB Shares Bought by American Money Management LLC

American Money Management LLC boosted its stake in shares of JPMorgan Core Plus Bond ETF (BATS:JCPB) by 3.7% during the 3rd quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The fund owned 424,946 shares of the company’s stock after purchasing an additional 15,308 shares during the period. JPMorgan Core Plus Bond ETF makes up about 3.4% of American Money Management LLC’s portfolio, making the stock its 7th biggest position. American Money Management LLC owned approximately 0.29% of JPMorgan Core Plus Bond ETF worth $20,206,000 as of its most recent filing with the Securities and Exchange Commission.

Other hedge funds and other institutional investors have also made changes to their positions in the company. Glass Jacobson Investment Advisors llc purchased a new stake in shares of JPMorgan Core Plus Bond ETF during the second quarter valued at $102,000. Envestnet Asset Management Inc. raised its stake in JPMorgan Core Plus Bond ETF by 15.4% in the 2nd quarter. Envestnet Asset Management Inc. now owns 1,504,582 shares of the company’s stock worth $70,806,000 after acquiring an additional 201,095 shares during the last quarter. Oarsman Capital Inc. lifted its position in JPMorgan Core Plus Bond ETF by 2.4% during the 2nd quarter. Oarsman Capital Inc. now owns 46,123 shares of the company’s stock worth $2,171,000 after acquiring an additional 1,074 shares during the period. Econ Financial Services Corp grew its stake in JPMorgan Core Plus Bond ETF by 10.6% during the 2nd quarter. Econ Financial Services Corp now owns 314,859 shares of the company’s stock valued at $14,817,000 after purchasing an additional 30,241 shares during the last quarter. Finally, World Investment Advisors grew its stake in JPMorgan Core Plus Bond ETF by 0.7% during the 2nd quarter. World Investment Advisors now owns 31,872 shares of the company’s stock valued at $1,500,000 after purchasing an additional 235 shares during the last quarter.

JPMorgan Core Plus Bond ETF Stock Down 0.0%

Shares of BATS:JCPB opened at $47.90 on Monday. JPMorgan Core Plus Bond ETF has a 52-week low of $45.56 and a 52-week high of $48.01. The stock has a market cap of $7.04 billion, a price-to-earnings ratio of 60.35 and a beta of 0.24. The business has a 50-day moving average price of $47.55 and a 200-day moving average price of $47.50.

JPMorgan Core Plus Bond ETF Increases Dividend

The firm also recently declared a monthly dividend, which was paid on Wednesday, February 4th. Shareholders 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 represents a c) dividend on an annualized basis and a yield of 4.9%. This is a boost from JPMorgan Core Plus Bond ETF’s previous monthly dividend of $0.19.

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.