Larson Financial Group LLC Reduces Stock Holdings in JPMorgan Core Plus Bond ETF (BATS:JCPB)

Larson Financial Group LLC decreased its stake in JPMorgan Core Plus Bond ETF (BATS:JCPB) by 25.5% in the third quarter, Holdings Channel.com reports. The firm owned 3,541 shares of the company’s stock after selling 1,209 shares during the period. Larson Financial Group LLC’s holdings in JPMorgan Core Plus Bond ETF were worth $171,000 at the end of the most recent quarter.

A number of other institutional investors and hedge funds have also recently modified their holdings of JCPB. Moss Adams Wealth Advisors LLC purchased a new position in shares of JPMorgan Core Plus Bond ETF in the 3rd quarter worth approximately $77,951,000. Joseph Group Capital Management purchased a new position in shares of JPMorgan Core Plus Bond ETF in the 3rd quarter worth approximately $33,702,000. Thrivent Financial for Lutherans boosted its holdings in shares of JPMorgan Core Plus Bond ETF by 107.2% in the 3rd quarter. Thrivent Financial for Lutherans now owns 949,181 shares of the company’s stock worth $45,788,000 after purchasing an additional 490,986 shares during the period. Destiny Wealth Partners LLC boosted its holdings in shares of JPMorgan Core Plus Bond ETF by 268.5% in the 2nd quarter. Destiny Wealth Partners LLC now owns 580,776 shares of the company’s stock worth $26,907,000 after purchasing an additional 423,181 shares during the period. Finally, Financial Connections Group Inc. purchased a new position in shares of JPMorgan Core Plus Bond ETF in the 2nd quarter worth approximately $18,200,000.

JPMorgan Core Plus Bond ETF Trading Up 0.4 %

JCPB opened at $47.05 on Thursday. The firm’s 50-day simple moving average is $47.20 and its two-hundred day simple moving average is $47.04. The stock has a market cap of $3.03 billion, a PE ratio of 2.20 and a beta of 0.17.

JPMorgan Core Plus Bond ETF Increases Dividend

The business also recently announced a dividend, which was paid on Thursday, September 5th. Stockholders of record on Tuesday, September 3rd were paid a dividend of $0.2049 per share. This is a positive change from JPMorgan Core Plus Bond ETF’s previous dividend of $0.20. The ex-dividend date was Tuesday, September 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.