United Community Bank Purchases Shares of 37,185 JPMorgan Core Plus Bond ETF $JCPB

United Community Bank acquired a new position in JPMorgan Core Plus Bond ETF (BATS:JCPB) during the 3rd quarter, according to the company in its most recent disclosure with the SEC. The fund acquired 37,185 shares of the company’s stock, valued at approximately $1,768,000.

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

JPMorgan Core Plus Bond ETF Price Performance

JCPB opened at $47.54 on Monday. The firm has a market capitalization of $6.98 billion, a price-to-earnings ratio of 60.35 and a beta of 0.24. JPMorgan Core Plus Bond ETF has a fifty-two week low of $45.51 and a fifty-two week high of $48.54. The company’s 50 day moving average price is $47.52 and its two-hundred day moving average price is $47.41.

JPMorgan Core Plus Bond ETF Increases Dividend

The company also recently declared a monthly dividend, which will be paid on Wednesday, February 4th. Investors of record on Monday, February 2nd will be paid a $0.1973 dividend. This represents a c) dividend on an annualized basis and a yield of 5.0%. The ex-dividend date is Monday, February 2nd. This is a positive change from JPMorgan Core Plus Bond ETF’s previous monthly dividend of $0.19.

About JPMorgan Core Plus Bond ETF

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.