ForthRight Wealth Management LLC Raises Stake in JPMorgan International Bond Opportunities ETF $JPIB

ForthRight Wealth Management LLC raised its holdings in shares of JPMorgan International Bond Opportunities ETF (BATS:JPIB) by 10.9% in the fourth quarter, Holdings Channel reports. The institutional investor owned 385,258 shares of the company’s stock after buying an additional 37,745 shares during the quarter. JPMorgan International Bond Opportunities ETF accounts for about 5.4% of ForthRight Wealth Management LLC’s portfolio, making the stock its 8th biggest holding. ForthRight Wealth Management LLC’s holdings in JPMorgan International Bond Opportunities ETF were worth $18,762,000 as of its most recent SEC filing.

Several other hedge funds also recently modified their holdings of JPIB. Rice Partnership LLC acquired a new stake in shares of JPMorgan International Bond Opportunities ETF in the third quarter worth $64,376,000. Avantax Planning Partners Inc. raised its stake in JPMorgan International Bond Opportunities ETF by 72.8% during the 3rd quarter. Avantax Planning Partners Inc. now owns 2,251,106 shares of the company’s stock valued at $110,372,000 after purchasing an additional 948,714 shares during the last quarter. Jane Street Group LLC raised its stake in JPMorgan International Bond Opportunities ETF by 1,315.4% during the 2nd quarter. Jane Street Group LLC now owns 526,367 shares of the company’s stock valued at $25,592,000 after purchasing an additional 489,178 shares during the last quarter. Commonwealth Equity Services LLC boosted its holdings in JPMorgan International Bond Opportunities ETF by 283.3% in the 3rd quarter. Commonwealth Equity Services LLC now owns 296,920 shares of the company’s stock valued at $14,558,000 after purchasing an additional 219,447 shares during the period. Finally, Power Wealth Management LLC bought a new stake in JPMorgan International Bond Opportunities ETF in the 3rd quarter valued at $7,590,000.

JPMorgan International Bond Opportunities ETF Stock Performance

BATS:JPIB opened at $47.55 on Friday. The firm’s 50-day moving average is $48.77 and its 200-day moving average is $48.88. JPMorgan International Bond Opportunities ETF has a 52-week low of $46.54 and a 52-week high of $49.42. The company has a market cap of $884.43 million, a price-to-earnings ratio of 4.86 and a beta of 0.24.

JPMorgan International Bond Opportunities ETF Cuts Dividend

The company also recently announced a monthly dividend, which was paid on Wednesday, March 4th. Investors of record on Monday, March 2nd were given a dividend of $0.1914 per share. The ex-dividend date of this dividend was Monday, March 2nd. This represents a c) dividend on an annualized basis and a yield of 4.8%.

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.