Envestnet Asset Management Inc. Has $5.01 Million Stock Holdings in JPMorgan International Bond Opportunities ETF $JPIB

Envestnet Asset Management Inc. boosted its stake in JPMorgan International Bond Opportunities ETF (BATS:JPIB) by 836.2% in the third quarter, Holdings Channel reports. The institutional investor owned 102,266 shares of the company’s stock after acquiring an additional 91,343 shares during the quarter. Envestnet Asset Management Inc.’s holdings in JPMorgan International Bond Opportunities ETF were worth $5,014,000 as of its most recent SEC filing.

Other institutional investors and hedge funds have also modified their holdings of the company. Valmark Advisers Inc. raised its holdings in shares of JPMorgan International Bond Opportunities ETF by 218.0% during the third quarter. Valmark Advisers Inc. now owns 22,584 shares of the company’s stock worth $1,107,000 after acquiring an additional 15,483 shares in the last quarter. Financial Partners Group Inc purchased a new position in JPMorgan International Bond Opportunities ETF in the third quarter valued at about $827,000. Etesian Wealth Advisors Inc. increased its position in JPMorgan International Bond Opportunities ETF by 183.3% in the 3rd quarter. Etesian Wealth Advisors Inc. now owns 36,319 shares of the company’s stock worth $1,781,000 after purchasing an additional 23,498 shares during the last quarter. Cedar Mountain Advisors LLC acquired a new position in JPMorgan International Bond Opportunities ETF in the 3rd quarter worth about $4,979,000. Finally, AllGen Financial Advisors Inc. raised its stake in shares of JPMorgan International Bond Opportunities ETF by 91.5% during the 3rd quarter. AllGen Financial Advisors Inc. now owns 140,951 shares of the company’s stock worth $6,911,000 after purchasing an additional 67,363 shares in the last quarter.

JPMorgan International Bond Opportunities ETF Stock Performance

Shares of BATS JPIB opened at $49.34 on Monday. The business has a 50 day simple moving average of $49.01 and a 200 day simple moving average of $48.94. JPMorgan International Bond Opportunities ETF has a 52 week low of $46.54 and a 52 week high of $49.41. The stock has a market cap of $917.72 million, a price-to-earnings ratio of 4.86 and a beta of 0.24.

JPMorgan International Bond Opportunities ETF Cuts Dividend

The firm also recently declared a monthly dividend, which was paid on Wednesday, February 4th. Stockholders of record on Monday, February 2nd were paid a dividend of $0.1928 per share. The ex-dividend date was Monday, February 2nd. This represents a c) annualized dividend and a dividend yield of 4.7%.

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.