Mainstay Capital Management LLC ADV Lowers Position in JPMorgan International Bond Opportunities ETF $JPIB

Mainstay Capital Management LLC ADV trimmed its position in shares of JPMorgan International Bond Opportunities ETF (BATS:JPIB) by 48.0% during the 3rd quarter, according to the company in its most recent 13F filing with the SEC. The institutional investor owned 482,705 shares of the company’s stock after selling 446,196 shares during the quarter. JPMorgan International Bond Opportunities ETF makes up approximately 2.4% of Mainstay Capital Management LLC ADV’s holdings, making the stock its 13th largest position. Mainstay Capital Management LLC ADV owned 2.60% of JPMorgan International Bond Opportunities ETF worth $23,667,000 at the end of the most recent reporting period.

Other institutional investors have also recently made changes to their positions in the company. Dunhill Financial LLC lifted its stake in shares of JPMorgan International Bond Opportunities ETF by 8.0% in the 3rd quarter. Dunhill Financial LLC now owns 3,477 shares of the company’s stock valued at $170,000 after purchasing an additional 258 shares during the period. White & Co Financial Planning Inc grew its stake in JPMorgan International Bond Opportunities ETF by 0.4% in the third quarter. White & Co Financial Planning Inc now owns 64,630 shares of the company’s stock worth $3,169,000 after purchasing an additional 274 shares during the period. Betterment LLC raised its holdings in JPMorgan International Bond Opportunities ETF by 8.5% in the third quarter. Betterment LLC now owns 5,236 shares of the company’s stock worth $257,000 after purchasing an additional 408 shares in the last quarter. Geneos Wealth Management Inc. raised its holdings in JPMorgan International Bond Opportunities ETF by 2.3% in the second quarter. Geneos Wealth Management Inc. now owns 20,434 shares of the company’s stock worth $994,000 after purchasing an additional 457 shares in the last quarter. Finally, IFP Advisors Inc lifted its position in JPMorgan International Bond Opportunities ETF by 1,328.6% during the third quarter. IFP Advisors Inc now owns 500 shares of the company’s stock valued at $25,000 after buying an additional 465 shares during the period.

JPMorgan International Bond Opportunities ETF Trading Down 0.4%

Shares of JPIB stock opened at $47.96 on Thursday. JPMorgan International Bond Opportunities ETF has a 12 month low of $46.54 and a 12 month high of $49.42. The stock has a market cap of $892.06 million, a PE ratio of 4.86 and a beta of 0.24. The company’s fifty day moving average price is $48.93 and its 200-day moving average price is $48.93.

JPMorgan International Bond Opportunities ETF Cuts Dividend

The firm also recently disclosed a monthly dividend, which was paid on Wednesday, March 4th. Investors of record on Monday, March 2nd were paid a dividend of $0.1914 per share. The ex-dividend date of this dividend was Monday, March 2nd. This represents a c) annualized dividend and a yield of 4.8%.

JPMorgan International Bond Opportunities ETF Company Profile

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.