Florida Financial Advisors LLC Sells 17,601 Shares of JPMorgan Core Plus Bond ETF $JCPB

Florida Financial Advisors LLC decreased its position in shares of JPMorgan Core Plus Bond ETF (BATS:JCPB) by 75.5% during the 3rd quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The firm owned 5,721 shares of the company’s stock after selling 17,601 shares during the period. Florida Financial Advisors LLC’s holdings in JPMorgan Core Plus Bond ETF were worth $272,000 at the end of the most recent quarter.

A number of other hedge funds and other institutional investors also recently modified their holdings of JCPB. Parkworth Wealth Management Inc. acquired a new position in shares of JPMorgan Core Plus Bond ETF in the second quarter valued at about $29,000. GoalVest Advisory LLC acquired a new stake in JPMorgan Core Plus Bond ETF in the 3rd quarter worth about $33,000. Total Investment Management Inc. bought a new stake in JPMorgan Core Plus Bond ETF in the 2nd quarter valued at about $37,000. Elevation Point Wealth Partners LLC acquired a new position in shares of JPMorgan Core Plus Bond ETF during the 2nd quarter worth approximately $57,000. Finally, Cullen Frost Bankers Inc. bought a new position in shares of JPMorgan Core Plus Bond ETF during the third quarter worth approximately $99,000.

JPMorgan Core Plus Bond ETF Trading Up 0.3%

Shares of JCPB stock opened at $47.90 on Friday. The stock has a market cap of $7.04 billion, a P/E ratio of 60.35 and a beta of 0.24. JPMorgan Core Plus Bond ETF has a 1 year low of $45.56 and a 1 year high of $48.01. The stock has a 50 day simple moving average of $47.50 and a 200 day simple moving average of $47.46.

JPMorgan Core Plus Bond ETF Increases Dividend

The business also recently announced a monthly dividend, which was paid on Wednesday, February 4th. Stockholders of record on Monday, February 2nd were given a dividend of $0.1973 per share. This represents a c) dividend on an annualized basis and a dividend yield of 4.9%. The ex-dividend date was 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.