KMG Fiduciary Partners LLC Raises Stake in JPMorgan International Bond Opportunities ETF $JPIB

KMG Fiduciary Partners LLC increased its stake in JPMorgan International Bond Opportunities ETF (BATS:JPIB) by 9.1% in the fourth quarter, according to its most recent 13F filing with the Securities & Exchange Commission. The institutional investor owned 346,946 shares of the company’s stock after purchasing an additional 29,060 shares during the quarter. JPMorgan International Bond Opportunities ETF accounts for 1.2% of KMG Fiduciary Partners LLC’s investment portfolio, making the stock its 15th largest position. KMG Fiduciary Partners LLC owned approximately 1.87% of JPMorgan International Bond Opportunities ETF worth $16,896,000 as of its most recent filing with the Securities & Exchange Commission.

Several other hedge funds and other institutional investors have also recently made changes to their positions in JPIB. Rice Partnership LLC purchased a new stake in JPMorgan International Bond Opportunities ETF during the third quarter worth about $64,376,000. Avantax Planning Partners Inc. increased its holdings in JPMorgan International Bond Opportunities ETF by 72.8% in the third quarter. Avantax Planning Partners Inc. now owns 2,251,106 shares of the company’s stock valued at $110,372,000 after buying an additional 948,714 shares in the last quarter. Jane Street Group LLC lifted its position in shares of JPMorgan International Bond Opportunities ETF by 1,315.4% during the 2nd quarter. Jane Street Group LLC now owns 526,367 shares of the company’s stock valued at $25,592,000 after acquiring an additional 489,178 shares during the period. Commonwealth Equity Services LLC lifted its position in shares of JPMorgan International Bond Opportunities ETF by 283.3% during the 3rd quarter. Commonwealth Equity Services LLC now owns 296,920 shares of the company’s stock valued at $14,558,000 after acquiring an additional 219,447 shares during the period. Finally, Power Wealth Management LLC acquired a new stake in shares of JPMorgan International Bond Opportunities ETF during the 3rd quarter valued at approximately $7,590,000.

JPMorgan International Bond Opportunities ETF Price Performance

Shares of BATS:JPIB opened at $47.38 on Friday. The firm has a market capitalization of $881.27 million, a price-to-earnings ratio of 4.86 and a beta of 0.24. The business’s 50 day simple moving average is $48.74 and its 200-day simple moving average is $48.87. JPMorgan International Bond Opportunities ETF has a 12 month low of $46.54 and a 12 month high of $49.42.

JPMorgan International Bond Opportunities ETF Cuts Dividend

The company also recently announced a monthly dividend, which was paid on Wednesday, March 4th. Shareholders of record on Monday, March 2nd were given a dividend of $0.1914 per share. This represents a c) dividend on an annualized basis and a yield of 4.8%. The ex-dividend date was Monday, March 2nd.

About JPMorgan International Bond Opportunities ETF

The JPMorgan International Bond Opportunities ETF (JPIB) is an exchange-traded fund that is based on the Bloomberg U.S. Universal Bond index. The fund provides total return through the active management of a broad based, broad maturity bond portfolio reaching sectors in both developed and emerging markets around the world outside of the US. JPIB was launched on Apr 3, 2017 and is managed by JPMorgan Chase.