Beta Wealth Group Inc. Makes New Investment in JPMorgan International Bond Opportunities ETF $JPIB

Beta Wealth Group Inc. acquired a new stake in JPMorgan International Bond Opportunities ETF (BATS:JPIB) during the third quarter, according to its most recent Form 13F filing with the SEC. The institutional investor acquired 61,319 shares of the company’s stock, valued at approximately $3,006,000. JPMorgan International Bond Opportunities ETF comprises about 1.2% of Beta Wealth Group Inc.’s investment portfolio, making the stock its 23rd largest holding. Beta Wealth Group Inc. owned 0.33% of JPMorgan International Bond Opportunities ETF as of its most recent filing with the SEC.

Several other institutional investors have also modified their holdings of JPIB. Jane Street Group LLC acquired a new position in shares of JPMorgan International Bond Opportunities ETF during the first quarter worth $1,781,000. Bleakley Financial Group LLC lifted its stake in JPMorgan International Bond Opportunities ETF by 3.9% during the second quarter. Bleakley Financial Group LLC now owns 135,358 shares of the company’s stock worth $6,581,000 after purchasing an additional 5,120 shares during the last quarter. FSM Wealth Advisors LLC boosted its holdings in JPMorgan International Bond Opportunities ETF by 18.1% in the second quarter. FSM Wealth Advisors LLC now owns 669,596 shares of the company’s stock valued at $32,435,000 after purchasing an additional 102,771 shares in the last quarter. Hobart Private Capital LLC raised its holdings in JPMorgan International Bond Opportunities ETF by 4.0% during the second quarter. Hobart Private Capital LLC now owns 88,892 shares of the company’s stock worth $4,322,000 after purchasing an additional 3,403 shares in the last quarter. Finally, Focus Partners Advisor Solutions LLC lifted its position in shares of JPMorgan International Bond Opportunities ETF by 7.7% during the 2nd quarter. Focus Partners Advisor Solutions LLC now owns 13,726 shares of the company’s stock worth $667,000 after buying an additional 987 shares during the last quarter.

JPMorgan International Bond Opportunities ETF Price Performance

BATS JPIB opened at $49.27 on Tuesday. The firm’s fifty day moving average price is $48.96 and its 200 day moving average price is $48.92. JPMorgan International Bond Opportunities ETF has a 12 month low of $46.54 and a 12 month high of $49.41. The company has a market capitalization of $916.42 million, a price-to-earnings ratio of 4.86 and a beta of 0.24.

JPMorgan International Bond Opportunities ETF Cuts Dividend

The company also recently announced a monthly dividend, which was paid on Wednesday, February 4th. Investors of record on Monday, February 2nd were given a $0.1928 dividend. The ex-dividend date of this dividend was Monday, February 2nd. This represents a c) dividend on an annualized basis and a dividend yield of 4.7%.

About JPMorgan International Bond Opportunities ETF

The JPMorgan International Bond Opportunities ETF (JPIB) is an exchange-traded fund that is based on the Bloomberg U.S. Universal Bond index. The fund provides total return through the active management of a broad based, broad maturity bond portfolio reaching sectors in both developed and emerging markets around the world outside of the US. JPIB was launched on Apr 3, 2017 and is managed by JPMorgan Chase.