Fagan Associates Inc. Grows Holdings in JPMorgan Core Plus Bond ETF $JCPB

Fagan Associates Inc. boosted its position in JPMorgan Core Plus Bond ETF (BATS:JCPB) by 91.4% during the third quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 341,571 shares of the company’s stock after buying an additional 163,097 shares during the quarter. JPMorgan Core Plus Bond ETF accounts for approximately 2.2% of Fagan Associates Inc.’s holdings, making the stock its 11th biggest holding. Fagan Associates Inc.’s holdings in JPMorgan Core Plus Bond ETF were worth $16,242,000 at the end of the most recent quarter.

A number of other institutional investors and hedge funds also recently added to or reduced their stakes in JCPB. Flow Traders U.S. LLC acquired a new stake in shares of JPMorgan Core Plus Bond ETF during the third quarter valued at about $5,724,000. Focus Partners Wealth increased its position in shares of JPMorgan Core Plus Bond ETF by 1.3% during the third quarter. Focus Partners Wealth now owns 712,690 shares of the company’s stock worth $33,888,000 after acquiring an additional 9,167 shares during the last quarter. Citadel Advisors LLC lifted its stake in shares of JPMorgan Core Plus Bond ETF by 34.6% in the third quarter. Citadel Advisors LLC now owns 480,836 shares of the company’s stock worth $22,864,000 after acquiring an additional 123,701 shares in the last quarter. Bank of America Corp DE lifted its stake 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 acquiring an additional 355,956 shares in the last quarter. Finally, Imprint Wealth LLC purchased a new position in JPMorgan Core Plus Bond ETF in the third quarter valued at about $30,000.

JPMorgan Core Plus Bond ETF Stock Performance

Shares of JCPB opened at $47.04 on Monday. JPMorgan Core Plus Bond ETF has a one year low of $45.56 and a one year high of $48.17. The stock has a 50-day moving average price of $47.58 and a 200 day moving average price of $47.56. The company has a market capitalization of $6.91 billion, a P/E ratio of 60.35 and a beta of 0.24.

JPMorgan Core Plus Bond ETF Cuts Dividend

The firm also recently announced a monthly dividend, which was paid on Wednesday, March 4th. Shareholders of record on Monday, March 2nd were given a $0.1859 dividend. This represents a c) dividend on an annualized basis and a dividend yield of 4.7%. 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.