JPMorgan Core Plus Bond ETF $JCPB Shares Bought by Hughes Financial Services LLC

Hughes Financial Services LLC grew its position in JPMorgan Core Plus Bond ETF (BATS:JCPB) by 3.6% in the third quarter, Holdings Channel.com reports. The fund owned 1,307,674 shares of the company’s stock after buying an additional 45,353 shares during the period. JPMorgan Core Plus Bond ETF makes up approximately 9.9% of Hughes Financial Services LLC’s investment portfolio, making the stock its 2nd largest position. Hughes Financial Services LLC’s holdings in JPMorgan Core Plus Bond ETF were worth $62,062,000 as of its most recent SEC filing.

Other institutional investors and hedge funds have also made changes to their positions in the company. Gotham Asset Management LLC lifted its stake in JPMorgan Core Plus Bond ETF by 4.4% during the third quarter. Gotham Asset Management LLC now owns 73,886 shares of the company’s stock worth $3,513,000 after purchasing an additional 3,086 shares during the last quarter. Fagan Associates Inc. increased its stake in JPMorgan Core Plus Bond ETF by 91.4% during the third quarter. Fagan Associates Inc. now owns 341,571 shares of the company’s stock valued at $16,242,000 after purchasing an additional 163,097 shares during the last quarter. Flow Traders U.S. LLC bought a new stake in JPMorgan Core Plus Bond ETF during the third quarter valued at $5,724,000. Focus Partners Wealth raised its holdings 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 purchasing an additional 9,167 shares during the period. Finally, Citadel Advisors LLC raised its holdings in shares of JPMorgan Core Plus Bond ETF by 34.6% during the third quarter. Citadel Advisors LLC now owns 480,836 shares of the company’s stock worth $22,864,000 after purchasing an additional 123,701 shares during the period.

JPMorgan Core Plus Bond ETF Stock Performance

JPMorgan Core Plus Bond ETF stock opened at $47.04 on Monday. JPMorgan Core Plus Bond ETF has a 1 year low of $45.56 and a 1 year high of $48.17. The firm’s 50-day moving average is $47.58 and its 200-day moving average is $47.56. The company has a market cap 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 disclosed a monthly dividend, which was paid on Wednesday, March 4th. Investors of record on Monday, March 2nd were paid a dividend of $0.1859 per share. The ex-dividend date was Monday, March 2nd. This represents a c) annualized dividend and a yield of 4.7%.

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.