American Money Management LLC Purchases 15,308 Shares of JPMorgan Core Plus Bond ETF $JCPB

American Money Management LLC lifted its holdings in JPMorgan Core Plus Bond ETF (BATS:JCPB) by 3.7% in the 3rd quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The institutional investor owned 424,946 shares of the company’s stock after purchasing an additional 15,308 shares during the period. JPMorgan Core Plus Bond ETF comprises about 3.4% of American Money Management LLC’s portfolio, making the stock its 7th largest holding. American Money Management LLC’s holdings in JPMorgan Core Plus Bond ETF were worth $20,206,000 at the end of the most recent quarter.

A number of other large investors also recently added to or reduced their stakes in JCPB. Arbor Trust Wealth Advisors LLC raised its holdings in shares of JPMorgan Core Plus Bond ETF by 6.1% during the third quarter. Arbor Trust Wealth Advisors LLC now owns 232,033 shares of the company’s stock valued at $11,033,000 after acquiring an additional 13,244 shares during the last quarter. Cannon Wealth Management Services LLC raised its position in shares of JPMorgan Core Plus Bond ETF by 9.4% in the third quarter. Cannon Wealth Management Services LLC now owns 187,284 shares of the company’s stock valued at $8,905,000 after buying an additional 16,049 shares during the last quarter. D Orazio & Associates Inc. raised its position in shares of JPMorgan Core Plus Bond ETF by 17.4% in the third quarter. D Orazio & Associates Inc. now owns 15,005 shares of the company’s stock valued at $713,000 after buying an additional 2,223 shares during the last quarter. Factory Mutual Insurance Co. lifted its stake in shares of JPMorgan Core Plus Bond ETF by 81.8% in the third quarter. Factory Mutual Insurance Co. now owns 5,846,314 shares of the company’s stock worth $277,992,000 after buying an additional 2,630,014 shares in the last quarter. Finally, Essex Financial Services Inc. boosted its position in JPMorgan Core Plus Bond ETF by 270.9% during the third quarter. Essex Financial Services Inc. now owns 31,204 shares of the company’s stock worth $1,484,000 after acquiring an additional 22,792 shares during the last quarter.

JPMorgan Core Plus Bond ETF Trading Down 0.0%

JCPB stock opened at $47.90 on Monday. The company has a market cap of $7.04 billion, a price-to-earnings ratio of 60.35 and a beta of 0.24. JPMorgan Core Plus Bond ETF has a 12 month low of $45.56 and a 12 month high of $48.01. The firm has a 50-day moving average of $47.55 and a two-hundred day moving average of $47.50.

JPMorgan Core Plus Bond ETF Increases Dividend

The business also recently declared a monthly dividend, which was paid on Wednesday, February 4th. Investors of record on Monday, February 2nd were issued a $0.1973 dividend. This is a boost from JPMorgan Core Plus Bond ETF’s previous monthly dividend of $0.19. This represents a c) annualized dividend and a dividend yield of 4.9%. The ex-dividend date of this dividend was Monday, February 2nd.

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.