James J. Burns & Company LLC Raises Position in JPMorgan Core Plus Bond ETF (BATS:JCPB)

James J. Burns & Company LLC increased its holdings in shares of JPMorgan Core Plus Bond ETF (BATS:JCPB) by 21.5% during the 3rd quarter, Holdings Channel reports. The institutional investor owned 40,700 shares of the company’s stock after purchasing an additional 7,194 shares during the period. James J. Burns & Company LLC’s holdings in JPMorgan Core Plus Bond ETF were worth $1,963,000 as of its most recent SEC filing.

Several other institutional investors and hedge funds have also recently added to or reduced their stakes in the business. Moss Adams Wealth Advisors LLC acquired a new stake in JPMorgan Core Plus Bond ETF in the third quarter worth about $77,951,000. Destiny Wealth Partners LLC boosted its stake in 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 in the last quarter. Financial Connections Group Inc. purchased a new stake in JPMorgan Core Plus Bond ETF during the 2nd quarter worth approximately $18,200,000. Cetera Investment Advisers increased its stake in JPMorgan Core Plus Bond ETF by 563.2% during the 1st quarter. Cetera Investment Advisers now owns 431,387 shares of the company’s stock valued at $20,122,000 after purchasing an additional 366,344 shares in the last quarter. Finally, Valeo Financial Advisors LLC purchased a new position in shares of JPMorgan Core Plus Bond ETF in the third quarter worth $17,332,000.

JPMorgan Core Plus Bond ETF Stock Up 0.4 %

BATS:JCPB opened at $46.65 on Tuesday. The firm has a market capitalization of $3.00 billion, a P/E ratio of 2.20 and a beta of 0.17. The business’s 50 day moving average is $47.70 and its two-hundred day moving average is $46.92.

JPMorgan Core Plus Bond ETF Increases Dividend

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

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.