JPMorgan Core Plus Bond ETF $JCPB Shares Purchased by Fagan Associates Inc.

Fagan Associates Inc. raised its stake in JPMorgan Core Plus Bond ETF (BATS:JCPB) by 91.4% during the 3rd quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The firm owned 341,571 shares of the company’s stock after purchasing an additional 163,097 shares during the quarter. JPMorgan Core Plus Bond ETF comprises about 2.2% of Fagan Associates Inc.’s investment portfolio, making the stock its 11th biggest position. Fagan Associates Inc. owned 0.23% of JPMorgan Core Plus Bond ETF worth $16,242,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

A number of other hedge funds and other institutional investors also recently modified their holdings of JCPB. HB Wealth Management LLC boosted its position in shares of JPMorgan Core Plus Bond ETF by 34.2% in the third quarter. HB Wealth Management LLC now owns 10,425,820 shares of the company’s stock worth $495,748,000 after buying an additional 2,659,142 shares during the period. Bank of America Corp DE raised its holdings in shares of JPMorgan Core Plus Bond ETF by 4.4% during the 3rd quarter. Bank of America Corp DE now owns 8,414,956 shares of the company’s stock valued at $400,131,000 after buying an additional 355,956 shares during the period. Factory Mutual Insurance Co. raised its holdings in shares of JPMorgan Core Plus Bond ETF by 81.8% during the 3rd quarter. Factory Mutual Insurance Co. now owns 5,846,314 shares of the company’s stock valued at $277,992,000 after buying an additional 2,630,014 shares during the period. JPMorgan Chase & Co. lifted its position in JPMorgan Core Plus Bond ETF by 2.3% during the 3rd quarter. JPMorgan Chase & Co. now owns 3,987,312 shares of the company’s stock worth $189,597,000 after acquiring an additional 91,136 shares in the last quarter. Finally, Raymond James Financial Inc. lifted its position in JPMorgan Core Plus Bond ETF by 3.7% during the 3rd quarter. Raymond James Financial Inc. now owns 3,911,288 shares of the company’s stock worth $185,982,000 after acquiring an additional 139,446 shares in the last quarter.

JPMorgan Core Plus Bond ETF Stock Down 0.1%

BATS JCPB opened at $47.04 on Monday. JPMorgan Core Plus Bond ETF has a fifty-two week low of $45.56 and a fifty-two week high of $48.17. The business has a 50 day moving average price of $47.58 and a two-hundred day moving average price of $47.56. The stock has a market cap of $6.91 billion, a PE ratio of 60.35 and a beta of 0.24.

JPMorgan Core Plus Bond ETF Cuts Dividend

The company also recently announced a monthly dividend, which was paid on Wednesday, March 4th. Stockholders of record on Monday, March 2nd were given a dividend of $0.1859 per share. This represents a c) dividend on an annualized basis and a dividend yield of 4.7%. The ex-dividend date of this dividend was Monday, March 2nd.

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.