D.B. Root & Company LLC Buys 124,872 Shares of JPMorgan Core Plus Bond ETF $JCPB

D.B. Root & Company LLC grew its stake in JPMorgan Core Plus Bond ETF (BATS:JCPB) by 9.9% in the third quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The institutional investor owned 1,390,339 shares of the company’s stock after purchasing an additional 124,872 shares during the period. JPMorgan Core Plus Bond ETF makes up about 16.8% of D.B. Root & Company LLC’s holdings, making the stock its largest holding. D.B. Root & Company LLC owned approximately 0.95% of JPMorgan Core Plus Bond ETF worth $66,111,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

Several other hedge funds and other institutional investors have also recently made changes to their positions in JCPB. Semus Wealth Partners LLC boosted its stake in JPMorgan Core Plus Bond ETF by 4.0% during the third quarter. Semus Wealth Partners LLC now owns 5,876 shares of the company’s stock worth $279,000 after buying an additional 226 shares during the last quarter. Comprehensive Financial Planning Inc. PA raised its holdings in shares of JPMorgan Core Plus Bond ETF by 1.3% during the 2nd quarter. Comprehensive Financial Planning Inc. PA now owns 18,234 shares of the company’s stock worth $858,000 after acquiring an additional 228 shares during the period. World Investment Advisors boosted its position in shares of JPMorgan Core Plus Bond ETF by 0.7% during the 2nd quarter. World Investment Advisors now owns 31,872 shares of the company’s stock valued at $1,500,000 after acquiring an additional 235 shares during the last quarter. Barnes Dennig Private Wealth Management LLC boosted its position in shares of JPMorgan Core Plus Bond ETF by 9.2% during the 3rd quarter. Barnes Dennig Private Wealth Management LLC now owns 2,854 shares of the company’s stock valued at $136,000 after acquiring an additional 241 shares during the last quarter. Finally, Silver Oak Securities Incorporated grew its holdings in shares of JPMorgan Core Plus Bond ETF by 2.6% in the third quarter. Silver Oak Securities Incorporated now owns 9,715 shares of the company’s stock valued at $462,000 after purchasing an additional 244 shares during the period.

JPMorgan Core Plus Bond ETF Trading Up 4.1%

JPMorgan Core Plus Bond ETF stock opened at $47.48 on Monday. The company has a 50-day moving average price of $47.48 and a 200 day moving average price of $47.43. JPMorgan Core Plus Bond ETF has a 12-month low of $45.51 and a 12-month high of $48.54. The stock has a market cap of $6.97 billion, a P/E ratio of 60.35 and a beta of 0.24.

JPMorgan Core Plus Bond ETF Increases Dividend

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

JPMorgan Core Plus Bond ETF Company 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.