Raymond James & Associates Buys 38,776 Shares of JPMorgan Core Plus Bond ETF (BATS:JCPB)

Raymond James & Associates grew its stake in shares of JPMorgan Core Plus Bond ETF (BATS:JCPB) by 14.5% during the third quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The institutional investor owned 306,131 shares of the company’s stock after buying an additional 38,776 shares during the period. Raymond James & Associates owned 0.48% of JPMorgan Core Plus Bond ETF worth $14,768,000 at the end of the most recent reporting period.

Several other hedge funds and other institutional investors also recently added to or reduced their stakes in JCPB. Moisand Fitzgerald Tamayo LLC purchased a new stake in shares of JPMorgan Core Plus Bond ETF during the third quarter worth about $30,000. Concourse Financial Group Securities Inc. purchased a new stake in JPMorgan Core Plus Bond ETF during the 3rd quarter valued at approximately $30,000. International Assets Investment Management LLC bought a new stake in shares of JPMorgan Core Plus Bond ETF during the second quarter valued at approximately $63,000. Strategic Financial Concepts LLC purchased a new position in shares of JPMorgan Core Plus Bond ETF in the second quarter worth $72,000. Finally, Whittier Trust Co. of Nevada Inc. boosted its position in shares of 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.

JPMorgan Core Plus Bond ETF Stock Performance

Shares of BATS JCPB opened at $46.92 on Friday. The company has a 50-day moving average of $47.84 and a two-hundred day moving average of $46.86. The company has a market cap of $3.02 billion, a P/E ratio of 2.20 and a beta of 0.17.

JPMorgan Core Plus Bond ETF Increases Dividend

The company also recently announced a dividend, which was paid on Thursday, September 5th. Investors of record on Tuesday, September 3rd were given a $0.2049 dividend. This is an increase from JPMorgan Core Plus Bond ETF’s previous dividend of $0.20. The ex-dividend date was Tuesday, September 3rd.

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.