SPC Financial Inc. Buys 16,497 Shares of JPMorgan Core Plus Bond ETF (BATS:JCPB)

SPC Financial Inc. increased its stake in shares of JPMorgan Core Plus Bond ETF (BATS:JCPB) by 3.2% in the 4th quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The firm owned 532,971 shares of the company’s stock after buying an additional 16,497 shares during the quarter. JPMorgan Core Plus Bond ETF accounts for about 2.1% of SPC Financial Inc.’s investment portfolio, making the stock its 11th largest position. SPC Financial Inc.’s holdings in JPMorgan Core Plus Bond ETF were worth $24,554,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

Several other hedge funds and other institutional investors have also modified their holdings of JCPB. Assetmark Inc. bought a new position in JPMorgan Core Plus Bond ETF in the 4th quarter valued at $50,000. Triad Wealth Partners LLC raised its position in JPMorgan Core Plus Bond ETF by 54.1% in the 4th quarter. Triad Wealth Partners LLC now owns 408,683 shares of the company’s stock valued at $18,828,000 after purchasing an additional 143,468 shares during the last quarter. Patten Group Inc. raised its position in JPMorgan Core Plus Bond ETF by 26.1% in the 4th quarter. Patten Group Inc. now owns 38,530 shares of the company’s stock valued at $1,775,000 after purchasing an additional 7,978 shares during the last quarter. Steward Partners Investment Advisory LLC raised its position in JPMorgan Core Plus Bond ETF by 23,781.5% in the 4th quarter. Steward Partners Investment Advisory LLC now owns 135,647 shares of the company’s stock valued at $6,249,000 after purchasing an additional 135,079 shares during the last quarter. Finally, Kelly Financial Group LLC bought a new position in JPMorgan Core Plus Bond ETF in the 4th quarter valued at $22,299,000.

JPMorgan Core Plus Bond ETF Trading Up 3.1 %

Shares of JCPB opened at $47.01 on Wednesday. The company has a 50-day simple moving average of $46.31 and a two-hundred day simple moving average of $46.97. The company has a market cap of $5.64 billion, a P/E ratio of 60.05 and a beta of 0.20.

JPMorgan Core Plus Bond ETF Cuts Dividend

The firm also recently disclosed a dividend, which will be paid on Wednesday, March 5th. Shareholders of record on Monday, March 3rd will be given a $0.1873 dividend. The ex-dividend date of this dividend is Monday, March 3rd.

About JPMorgan Core Plus Bond ETF

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.