McAdam LLC Makes New $5.26 Million Investment in JPMorgan Core Plus Bond ETF (BATS:JCPB)

McAdam LLC purchased a new position in JPMorgan Core Plus Bond ETF (BATS:JCPB) during the third quarter, Holdings Channel reports. The fund purchased 109,004 shares of the company’s stock, valued at approximately $5,258,000.

A number of other large investors have also bought and sold shares of JCPB. Moisand Fitzgerald Tamayo LLC purchased a new position in shares of JPMorgan Core Plus Bond ETF during the third quarter valued at approximately $30,000. Concourse Financial Group Securities Inc. bought a new stake in JPMorgan Core Plus Bond ETF in the third quarter worth $30,000. Pinnacle Bancorp Inc. bought a new stake in JPMorgan Core Plus Bond ETF in the first quarter worth $56,000. International Assets Investment Management LLC bought a new stake in JPMorgan Core Plus Bond ETF in the second quarter worth $63,000. Finally, Strategic Financial Concepts LLC bought a new stake in JPMorgan Core Plus Bond ETF in the second quarter worth $72,000.

JPMorgan Core Plus Bond ETF Stock Performance

Shares of BATS:JCPB opened at $46.91 on Thursday. The company has a market capitalization of $3.02 billion, a P/E ratio of 2.20 and a beta of 0.17. The firm’s 50-day simple moving average is $47.87 and its two-hundred day simple moving average is $46.85.

JPMorgan Core Plus Bond ETF Increases Dividend

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