Lake Street Private Wealth LLC Grows Stake in JPMorgan Core Plus Bond ETF (BATS:JCPB)

Lake Street Private Wealth LLC raised its stake in JPMorgan Core Plus Bond ETF (BATS:JCPB) by 17.1% during the 3rd quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The fund owned 8,865 shares of the company’s stock after purchasing an additional 1,293 shares during the period. Lake Street Private Wealth LLC’s holdings in JPMorgan Core Plus Bond ETF were worth $428,000 as of its most recent SEC filing.

A number of other hedge funds and other institutional investors also recently added to or reduced their stakes in the stock. Signet Financial Management LLC lifted its holdings in shares of JPMorgan Core Plus Bond ETF by 14.3% in the 1st quarter. Signet Financial Management LLC now owns 12,294 shares of the company’s stock valued at $573,000 after purchasing an additional 1,534 shares during the last quarter. Harbor Group Inc. boosted its holdings in shares of JPMorgan Core Plus Bond ETF by 5.6% in the first quarter. Harbor Group Inc. now owns 776,985 shares of the company’s stock valued at $36,242,000 after acquiring an additional 41,469 shares during the period. Pinnacle Bancorp Inc. purchased a new position in shares of JPMorgan Core Plus Bond ETF during the first quarter worth approximately $56,000. Firethorn Wealth Partners LLC acquired a new position in shares of JPMorgan Core Plus Bond ETF in the 1st quarter valued at $210,000. Finally, CRA Financial Services LLC purchased a new stake in JPMorgan Core Plus Bond ETF in the 1st quarter valued at $775,000.

JPMorgan Core Plus Bond ETF Price Performance

Shares of JPMorgan Core Plus Bond ETF stock opened at $46.91 on Thursday. The stock’s 50-day simple moving average is $47.87 and its two-hundred day simple moving average is $46.85. The stock 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 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 a boost 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.