Forum Private Client Group LLC Increases Stake in JPMorgan Core Plus Bond ETF $JCPB

Forum Private Client Group LLC boosted its holdings in shares of JPMorgan Core Plus Bond ETF (BATS:JCPB) by 2.4% during the third quarter, Holdings Channel.com reports. The firm owned 610,110 shares of the company’s stock after acquiring an additional 14,452 shares during the period. JPMorgan Core Plus Bond ETF accounts for about 10.3% of Forum Private Client Group LLC’s portfolio, making the stock its 2nd largest position. Forum Private Client Group LLC’s holdings in JPMorgan Core Plus Bond ETF were worth $29,011,000 as of its most recent filing with the Securities & Exchange Commission.

Other institutional investors have also bought and sold shares of the company. Parkworth Wealth Management Inc. bought a new stake in shares of JPMorgan Core Plus Bond ETF in the 2nd quarter worth about $29,000. GoalVest Advisory LLC bought a new position in shares of JPMorgan Core Plus Bond ETF in the 3rd quarter valued at about $33,000. Total Investment Management Inc. purchased a new position in JPMorgan Core Plus Bond ETF in the second quarter worth about $37,000. Elevation Point Wealth Partners LLC bought a new stake in JPMorgan Core Plus Bond ETF during the second quarter worth approximately $57,000. Finally, Cullen Frost Bankers Inc. bought a new stake in JPMorgan Core Plus Bond ETF during the third quarter worth approximately $99,000.

JPMorgan Core Plus Bond ETF Price Performance

Shares of JCPB stock opened at $47.28 on Thursday. The company has a market cap of $6.94 billion, a PE ratio of 60.35 and a beta of 0.24. JPMorgan Core Plus Bond ETF has a 1 year low of $45.51 and a 1 year high of $48.54. The stock’s 50 day simple moving average is $47.49 and its two-hundred day simple moving average is $47.42.

JPMorgan Core Plus Bond ETF Increases Dividend

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

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.