70,608 Shares in JPMorgan Core Plus Bond ETF $JCPB Acquired by Independent Advisor Alliance

Independent Advisor Alliance acquired a new stake in shares of JPMorgan Core Plus Bond ETF (BATS:JCPB) in the 3rd quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The fund acquired 70,608 shares of the company’s stock, valued at approximately $3,357,000.

A number of other institutional investors and hedge funds have also made changes to their positions in JCPB. HB Wealth Management LLC grew its position in JPMorgan Core Plus Bond ETF by 34.2% during the third quarter. HB Wealth Management LLC now owns 10,425,820 shares of the company’s stock valued at $495,748,000 after acquiring an additional 2,659,142 shares during the period. JPMorgan Chase & Co. grew its stake in JPMorgan Core Plus Bond ETF by 12.1% during the second quarter. JPMorgan Chase & Co. now owns 3,896,176 shares of the company’s stock worth $183,354,000 after buying an additional 419,773 shares during the period. Legacy Wealth Management Inc lifted its stake in shares of JPMorgan Core Plus Bond ETF by 7.0% in the third quarter. Legacy Wealth Management Inc now owns 3,546,974 shares of the company’s stock worth $168,659,000 after acquiring an additional 232,040 shares in the last quarter. Vestmark Advisory Solutions Inc. raised its stake in JPMorgan Core Plus Bond ETF by 121.3% during the second quarter. Vestmark Advisory Solutions Inc. now owns 3,264,660 shares of the company’s stock worth $153,635,000 after acquiring an additional 1,789,454 shares during the period. Finally, Factory Mutual Insurance Co. lifted its holdings in JPMorgan Core Plus Bond ETF by 49.5% in the second quarter. Factory Mutual Insurance Co. now owns 3,216,300 shares of the company’s stock worth $151,359,000 after purchasing an additional 1,065,000 shares during the period.

JPMorgan Core Plus Bond ETF Trading Up 3.8%

JCPB stock opened at $47.34 on Monday. The firm’s 50-day moving average is $47.52 and its two-hundred day moving average is $47.41. The company has a market capitalization of $6.95 billion, a price-to-earnings ratio of 60.35 and a beta of 0.24. JPMorgan Core Plus Bond ETF has a 52 week low of $45.51 and a 52 week high of $48.54.

JPMorgan Core Plus Bond ETF Increases Dividend

The business also recently disclosed a monthly dividend, which will be paid on Wednesday, February 4th. Stockholders of record on Monday, February 2nd will be paid a dividend of $0.1973 per share. The ex-dividend date of this dividend is Monday, February 2nd. This represents a c) annualized dividend and a dividend yield of 5.0%. This is a boost from JPMorgan Core Plus Bond ETF’s previous monthly dividend of $0.19.

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.