Northwestern Mutual Wealth Management Co. Increases Position in JPMorgan Core Plus Bond ETF (BATS:JCPB)

Northwestern Mutual Wealth Management Co. raised its holdings in JPMorgan Core Plus Bond ETF (BATS:JCPB) by 17.0% during the 2nd quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission. The firm owned 16,945 shares of the company’s stock after purchasing an additional 2,461 shares during the period. Northwestern Mutual Wealth Management Co.’s holdings in JPMorgan Core Plus Bond ETF were worth $785,000 at the end of the most recent quarter.

Other institutional investors and hedge funds have also made changes to their positions in the company. Pinnacle Bancorp Inc. acquired a new stake in JPMorgan Core Plus Bond ETF in the 1st quarter worth about $56,000. International Assets Investment Management LLC acquired a new stake in JPMorgan Core Plus Bond ETF during the 2nd quarter worth $63,000. Strategic Financial Concepts LLC purchased a new position in shares of JPMorgan Core Plus Bond ETF in the second quarter worth about $72,000. Whittier Trust Co. of Nevada Inc. boosted its position in JPMorgan Core Plus Bond ETF by 50.6% during the first quarter. Whittier Trust Co. of Nevada Inc. now owns 2,012 shares of the company’s stock worth $94,000 after acquiring an additional 676 shares during the last quarter. Finally, Geneos Wealth Management Inc. grew its stake in JPMorgan Core Plus Bond ETF by 3,028.0% during the 1st quarter. Geneos Wealth Management Inc. now owns 3,910 shares of the company’s stock valued at $182,000 after acquiring an additional 3,785 shares in the last quarter.

JPMorgan Core Plus Bond ETF Price Performance

JCPB opened at $47.40 on Tuesday. The stock has a market cap of $3.05 billion, a price-to-earnings ratio of 2.20 and a beta of 0.17. The business has a fifty day simple moving average of $47.88 and a 200 day simple moving average of $46.77.

JPMorgan Core Plus Bond ETF Increases Dividend

The business also recently disclosed a dividend, which was paid on Thursday, September 5th. Shareholders of record on Tuesday, September 3rd were paid a dividend of $0.2049 per share. 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 Company 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.