Fortis Group Advisors LLC Invests $236,000 in JPMorgan Core Plus Bond ETF (BATS:JCPB)

Fortis Group Advisors LLC purchased a new position in shares of JPMorgan Core Plus Bond ETF (BATS:JCPB) during the 4th quarter, according to the company in its most recent 13F filing with the SEC. The institutional investor purchased 5,118 shares of the company’s stock, valued at approximately $236,000.

Other hedge funds also recently modified their holdings of the company. Raymond James & Associates increased its stake in shares of JPMorgan Core Plus Bond ETF by 14.5% during the 3rd quarter. Raymond James & Associates now owns 306,131 shares of the company’s stock worth $14,768,000 after purchasing an additional 38,776 shares during the last quarter. JPMorgan Chase & Co. increased its stake in shares of JPMorgan Core Plus Bond ETF by 14.3% during the 3rd quarter. JPMorgan Chase & Co. now owns 2,234,376 shares of the company’s stock worth $107,786,000 after purchasing an additional 279,898 shares during the last quarter. Private Advisor Group LLC increased its stake in shares of JPMorgan Core Plus Bond ETF by 33.4% during the 3rd quarter. Private Advisor Group LLC now owns 9,957 shares of the company’s stock worth $480,000 after purchasing an additional 2,494 shares during the last quarter. Concourse Financial Group Securities Inc. acquired a new position in shares of JPMorgan Core Plus Bond ETF during the 3rd quarter worth $30,000. Finally, Wealth Enhancement Advisory Services LLC acquired a new position in shares of JPMorgan Core Plus Bond ETF during the 3rd quarter worth $383,000.

JPMorgan Core Plus Bond ETF Trading Up 1.6 %

Shares of JCPB opened at $46.33 on Wednesday. The business’s 50 day simple moving average is $46.26 and its two-hundred day simple moving average is $47.03. The firm has a market cap of $5.56 billion, a price-to-earnings ratio of 60.05 and a beta of 0.20.

JPMorgan Core Plus Bond ETF Cuts Dividend

The company also recently disclosed a dividend, which was paid on Wednesday, February 5th. Investors of record on Monday, February 3rd were issued a dividend of $0.1921 per share. The ex-dividend date of this dividend was Monday, February 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.