Founders Financial Securities LLC Purchases Shares of 203,900 JPMorgan Core Plus Bond ETF (BATS:JCPB)

Founders Financial Securities LLC acquired a new position in shares of JPMorgan Core Plus Bond ETF (BATS:JCPB) in the 1st quarter, Holdings Channel reports. The fund acquired 203,900 shares of the company’s stock, valued at approximately $9,511,000. JPMorgan Core Plus Bond ETF makes up 1.0% of Founders Financial Securities LLC’s investment portfolio, making the stock its 28th biggest position.

A number of other hedge funds have also modified their holdings of JCPB. Envestnet Portfolio Solutions Inc. acquired a new stake in JPMorgan Core Plus Bond ETF in the 3rd quarter valued at $235,000. Envestnet Asset Management Inc. increased its position in shares of JPMorgan Core Plus Bond ETF by 31.7% in the third quarter. Envestnet Asset Management Inc. now owns 330,479 shares of the company’s stock valued at $14,762,000 after acquiring an additional 79,575 shares during the last quarter. Mariner LLC raised its holdings in JPMorgan Core Plus Bond ETF by 153.7% during the third quarter. Mariner LLC now owns 63,516 shares of the company’s stock worth $2,837,000 after acquiring an additional 38,485 shares in the last quarter. Stifel Financial Corp grew its stake in JPMorgan Core Plus Bond ETF by 110.5% in the third quarter. Stifel Financial Corp now owns 240,615 shares of the company’s stock valued at $10,748,000 after purchasing an additional 126,317 shares in the last quarter. Finally, Per Stirling Capital Management LLC. increased its position in shares of JPMorgan Core Plus Bond ETF by 11.9% during the 3rd quarter. Per Stirling Capital Management LLC. now owns 170,180 shares of the company’s stock worth $7,602,000 after purchasing an additional 18,040 shares during the last quarter.

JPMorgan Core Plus Bond ETF Stock Down 0.4 %

Shares of JPMorgan Core Plus Bond ETF stock traded down $0.18 on Friday, reaching $46.33. 439,675 shares of the company were exchanged. The firm’s 50 day moving average is $46.05 and its 200-day moving average is $46.33. The firm has a market cap of $2.98 billion, a P/E ratio of 2.20 and a beta of 0.17.

JPMorgan Core Plus Bond ETF Increases Dividend

The firm also recently announced a dividend, which will be paid on Wednesday, July 3rd. Stockholders of record on Monday, July 1st will be paid a dividend of $0.202 per share. This is an increase from JPMorgan Core Plus Bond ETF’s previous dividend of $0.20. The ex-dividend date is Monday, July 1st.

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.