PNC Financial Services Group Inc. Raises Holdings in JPMorgan Core Plus Bond ETF $JCPB

PNC Financial Services Group Inc. boosted its position in shares of JPMorgan Core Plus Bond ETF (BATS:JCPB) by 32.1% during the 3rd quarter, according to the company in its most recent disclosure with the SEC. The firm owned 579,155 shares of the company’s stock after buying an additional 140,871 shares during the quarter. PNC Financial Services Group Inc. owned approximately 0.39% of JPMorgan Core Plus Bond ETF worth $27,539,000 at the end of the most recent reporting period.

A number of other large investors also recently bought and sold shares of the business. Parkworth Wealth Management Inc. acquired a new position in JPMorgan Core Plus Bond ETF during the second quarter worth $29,000. GoalVest Advisory LLC acquired a new stake in shares of JPMorgan Core Plus Bond ETF in the third quarter worth approximately $33,000. Total Investment Management Inc. acquired a new stake in shares of JPMorgan Core Plus Bond ETF in the second quarter valued at about $37,000. Elevation Point Wealth Partners LLC purchased a new position in shares of JPMorgan Core Plus Bond ETF in the second quarter worth about $57,000. Finally, Cullen Frost Bankers Inc. acquired a new position in JPMorgan Core Plus Bond ETF during the third quarter worth about $99,000.

JPMorgan Core Plus Bond ETF Stock Performance

JCPB stock opened at $47.90 on Wednesday. JPMorgan Core Plus Bond ETF has a 12 month low of $45.56 and a 12 month high of $48.01. The company has a market cap of $7.04 billion, a price-to-earnings ratio of 60.35 and a beta of 0.24. The firm has a 50-day moving average of $47.52 and a two-hundred day moving average of $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 issued a dividend of $0.1973 per share. The ex-dividend date was Monday, February 2nd. This represents a c) annualized dividend and a dividend 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 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.