Arbor Trust Wealth Advisors LLC Boosts Stock Holdings in JPMorgan Core Plus Bond ETF $JCPB

Arbor Trust Wealth Advisors LLC raised its holdings in shares of JPMorgan Core Plus Bond ETF (BATS:JCPB) by 6.1% in the third quarter, according to its most recent Form 13F filing with the SEC. The institutional investor owned 232,033 shares of the company’s stock after purchasing an additional 13,244 shares during the period. JPMorgan Core Plus Bond ETF accounts for 5.0% of Arbor Trust Wealth Advisors LLC’s portfolio, making the stock its 2nd largest position. Arbor Trust Wealth Advisors LLC owned approximately 0.16% of JPMorgan Core Plus Bond ETF worth $11,033,000 as of its most recent SEC filing.

A number of other hedge funds have also recently made changes to their positions in the stock. Cannon Wealth Management Services LLC grew its position in JPMorgan Core Plus Bond ETF by 9.4% during the 3rd quarter. Cannon Wealth Management Services LLC now owns 187,284 shares of the company’s stock valued at $8,905,000 after purchasing an additional 16,049 shares during the last quarter. D Orazio & Associates Inc. grew its holdings in shares of JPMorgan Core Plus Bond ETF by 17.4% during the third quarter. D Orazio & Associates Inc. now owns 15,005 shares of the company’s stock valued at $713,000 after buying an additional 2,223 shares during the last quarter. Factory Mutual Insurance Co. increased its position in shares of JPMorgan Core Plus Bond ETF by 81.8% during the third quarter. Factory Mutual Insurance Co. now owns 5,846,314 shares of the company’s stock valued at $277,992,000 after acquiring an additional 2,630,014 shares in the last quarter. Essex Financial Services Inc. raised its holdings in JPMorgan Core Plus Bond ETF by 270.9% in the 3rd quarter. Essex Financial Services Inc. now owns 31,204 shares of the company’s stock worth $1,484,000 after acquiring an additional 22,792 shares during the last quarter. Finally, Wealthcare Advisory Partners LLC raised its holdings in JPMorgan Core Plus Bond ETF by 20.5% in the 3rd quarter. Wealthcare Advisory Partners LLC now owns 36,850 shares of the company’s stock worth $1,752,000 after acquiring an additional 6,274 shares during the last quarter.

JPMorgan Core Plus Bond ETF Price Performance

Shares of BATS:JCPB opened at $47.90 on Monday. The company has a market cap of $7.04 billion, a P/E ratio of 60.35 and a beta of 0.24. JPMorgan Core Plus Bond ETF has a 1 year low of $45.56 and a 1 year high of $48.01. The stock’s fifty day moving average price is $47.55 and its 200-day moving average price is $47.50.

JPMorgan Core Plus Bond ETF Increases Dividend

The business also recently announced a monthly dividend, which was paid on Wednesday, February 4th. Investors of record on Monday, February 2nd were issued a $0.1973 dividend. 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 an increase 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.