Joseph Group Capital Management Buys Shares of 698,632 JPMorgan Core Plus Bond ETF (BATS:JCPB)

Joseph Group Capital Management bought a new stake in shares of JPMorgan Core Plus Bond ETF (BATS:JCPB) in the third quarter, according to its most recent filing with the Securities and Exchange Commission. The fund bought 698,632 shares of the company’s stock, valued at approximately $33,702,000. JPMorgan Core Plus Bond ETF comprises 12.9% of Joseph Group Capital Management’s holdings, making the stock its largest holding. Joseph Group Capital Management owned about 1.08% of JPMorgan Core Plus Bond ETF as of its most recent SEC filing.

Several other hedge funds and other institutional investors have also recently modified their holdings of JCPB. Semus Wealth Partners LLC grew its holdings in JPMorgan Core Plus Bond ETF by 8.3% during the third quarter. Semus Wealth Partners LLC now owns 5,303 shares of the company’s stock valued at $256,000 after purchasing an additional 407 shares during the period. MidAtlantic Capital Management Inc. purchased a new position in JPMorgan Core Plus Bond ETF during the third quarter valued at $3,104,000. Thrivent Financial for Lutherans grew its position in shares of JPMorgan Core Plus Bond ETF by 107.2% during the third quarter. Thrivent Financial for Lutherans now owns 949,181 shares of the company’s stock valued at $45,788,000 after purchasing an additional 490,986 shares in the last quarter. BCGM Wealth Management LLC increased its stake in JPMorgan Core Plus Bond ETF by 59.9% in the 3rd quarter. BCGM Wealth Management LLC now owns 294,576 shares of the company’s stock worth $14,210,000 after acquiring an additional 110,356 shares during the last quarter. Finally, OneDigital Investment Advisors LLC raised its stake in JPMorgan Core Plus Bond ETF by 5.7% during the third quarter. OneDigital Investment Advisors LLC now owns 12,030 shares of the company’s stock valued at $580,000 after purchasing an additional 647 shares in the last quarter.

JPMorgan Core Plus Bond ETF Price Performance

Shares of BATS JCPB opened at $46.50 on Tuesday. The stock has a market cap of $2.99 billion, a PE ratio of 2.20 and a beta of 0.17. The firm’s 50-day simple moving average is $47.47 and its 200-day simple moving average is $47.00.

JPMorgan Core Plus Bond ETF Increases Dividend

The business also recently declared a dividend, which was paid on Thursday, September 5th. Investors of record on Tuesday, September 3rd were given a $0.2049 dividend. The ex-dividend date of this dividend was Tuesday, September 3rd. This is an increase 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.