JPMorgan Core Plus Bond ETF $JCPB is Bond & Devick Financial Network Inc.’s 3rd Largest Position

Bond & Devick Financial Network Inc. lifted its stake in shares of JPMorgan Core Plus Bond ETF (BATS:JCPB) by 12.6% in the 3rd quarter, according to its most recent disclosure with the Securities and Exchange Commission. The firm owned 405,343 shares of the company’s stock after buying an additional 45,404 shares during the period. JPMorgan Core Plus Bond ETF makes up approximately 5.8% of Bond & Devick Financial Network Inc.’s investment portfolio, making the stock its 3rd biggest holding. Bond & Devick Financial Network Inc.’s holdings in JPMorgan Core Plus Bond ETF were worth $19,274,000 at the end of the most recent reporting period.

Other hedge funds have also recently made changes to their positions in the company. Waterloo Capital L.P. raised its stake in JPMorgan Core Plus Bond ETF by 25.2% in the 3rd quarter. Waterloo Capital L.P. now owns 445,422 shares of the company’s stock worth $21,180,000 after acquiring an additional 89,600 shares during the last quarter. Forum Private Client Group LLC increased its holdings in shares of JPMorgan Core Plus Bond ETF by 2.4% in the third quarter. Forum Private Client Group LLC now owns 610,110 shares of the company’s stock valued at $29,011,000 after purchasing an additional 14,452 shares during the period. RMR Wealth Builders purchased a new position in shares of JPMorgan Core Plus Bond ETF in the third quarter worth about $1,065,000. Savant Capital LLC raised its stake in shares of JPMorgan Core Plus Bond ETF by 12.2% in the third quarter. Savant Capital LLC now owns 2,099,119 shares of the company’s stock worth $99,813,000 after purchasing an additional 227,831 shares during the last quarter. Finally, J.W. Cole Advisors Inc. lifted its holdings in shares of JPMorgan Core Plus Bond ETF by 11.7% during the third quarter. J.W. Cole Advisors Inc. now owns 6,749 shares of the company’s stock worth $321,000 after purchasing an additional 707 shares during the period.

JPMorgan Core Plus Bond ETF Stock Up 4.1%

Shares of BATS JCPB opened at $47.47 on Friday. JPMorgan Core Plus Bond ETF has a 52 week low of $45.51 and a 52 week high of $48.54. The business’s 50 day moving average price is $47.48 and its 200 day moving average price is $47.42. The firm has a market cap of $6.97 billion, a P/E ratio of 60.35 and a beta of 0.24.

JPMorgan Core Plus Bond ETF Increases Dividend

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

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.