JPMorgan Core Plus Bond ETF $JCPB is Bond & Devick Financial Network Inc.’s 3rd Largest Position

Bond & Devick Financial Network Inc. increased its holdings in shares of JPMorgan Core Plus Bond ETF (BATS:JCPB) by 9.7% in the fourth quarter, according to the company in its most recent filing with the SEC. The institutional investor owned 444,722 shares of the company’s stock after purchasing an additional 39,379 shares during the quarter. JPMorgan Core Plus Bond ETF accounts for about 5.9% of Bond & Devick Financial Network Inc.’s investment portfolio, making the stock its 3rd largest holding. Bond & Devick Financial Network Inc.’s holdings in JPMorgan Core Plus Bond ETF were worth $21,058,000 at the end of the most recent quarter.

A number of other hedge funds and other institutional investors have also recently bought and sold shares of the business. HB Wealth Management LLC grew its stake in JPMorgan Core Plus Bond ETF by 34.2% during the third quarter. HB Wealth Management LLC now owns 10,425,820 shares of the company’s stock worth $495,748,000 after buying an additional 2,659,142 shares during the period. Bank of America Corp DE boosted its position in shares of JPMorgan Core Plus Bond ETF by 4.4% in the third quarter. Bank of America Corp DE now owns 8,414,956 shares of the company’s stock worth $400,131,000 after buying an additional 355,956 shares during the period. Factory Mutual Insurance Co. boosted its position 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 during the period. JPMorgan Chase & Co. grew its stake in shares of JPMorgan Core Plus Bond ETF by 2.3% in the third quarter. JPMorgan Chase & Co. now owns 3,987,312 shares of the company’s stock valued at $189,597,000 after buying an additional 91,136 shares in the last quarter. Finally, Raymond James Financial Inc. raised its holdings in shares of JPMorgan Core Plus Bond ETF by 3.7% during the 3rd quarter. Raymond James Financial Inc. now owns 3,911,288 shares of the company’s stock valued at $185,982,000 after buying an additional 139,446 shares during the period.

JPMorgan Core Plus Bond ETF Stock Performance

JPMorgan Core Plus Bond ETF stock opened at $46.69 on Friday. The stock’s 50 day moving average price is $47.48 and its 200 day moving average price is $47.54. The firm has a market capitalization of $6.86 billion, a PE ratio of 60.35 and a beta of 0.24. JPMorgan Core Plus Bond ETF has a one year low of $45.56 and a one year high of $48.17.

JPMorgan Core Plus Bond ETF Cuts Dividend

The company also recently announced a monthly dividend, which was paid on Wednesday, March 4th. Stockholders of record on Monday, March 2nd were given a dividend of $0.1859 per share. This represents a c) dividend on an annualized basis and a dividend yield of 4.8%. The ex-dividend date of this dividend was Monday, March 2nd.

JPMorgan Core Plus Bond ETF Profile

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.