Verus Capital Partners LLC Raises Stock Position in JPMorgan Core Plus Bond ETF (BATS:JCPB)

Verus Capital Partners LLC grew its holdings in JPMorgan Core Plus Bond ETF (BATS:JCPB) by 0.8% during the 4th quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The institutional investor owned 185,269 shares of the company’s stock after acquiring an additional 1,492 shares during the period. JPMorgan Core Plus Bond ETF comprises about 0.8% of Verus Capital Partners LLC’s investment portfolio, making the stock its 22nd biggest position. Verus Capital Partners LLC owned about 0.29% of JPMorgan Core Plus Bond ETF worth $8,535,000 at the end of the most recent quarter.

Other hedge funds have also recently made changes to their positions in the company. JPMorgan Chase & Co. raised its stake in JPMorgan Core Plus Bond ETF by 14.3% during the 3rd quarter. JPMorgan Chase & Co. now owns 2,234,376 shares of the company’s stock valued at $107,786,000 after purchasing an additional 279,898 shares during the period. Private Advisor Group LLC raised its position in shares of JPMorgan Core Plus Bond ETF by 33.4% during the third quarter. Private Advisor Group LLC now owns 9,957 shares of the company’s stock valued at $480,000 after buying an additional 2,494 shares during the last quarter. Wealth Enhancement Advisory Services LLC purchased a new position in shares of JPMorgan Core Plus Bond ETF in the third quarter worth $383,000. Kingsview Wealth Management LLC boosted its position in shares of JPMorgan Core Plus Bond ETF by 23.3% during the third quarter. Kingsview Wealth Management LLC now owns 31,127 shares of the company’s stock worth $1,502,000 after acquiring an additional 5,886 shares during the last quarter. Finally, Janney Montgomery Scott LLC grew its stake in JPMorgan Core Plus Bond ETF by 21.8% during the third quarter. Janney Montgomery Scott LLC now owns 1,650,938 shares of the company’s stock valued at $79,641,000 after acquiring an additional 295,082 shares in the last quarter.

JPMorgan Core Plus Bond ETF Stock Performance

Shares of BATS JCPB opened at $47.02 on Friday. The company has a 50-day moving average of $46.26 and a two-hundred day moving average of $46.99. The company has a market cap of $5.64 billion, a P/E ratio of 60.05 and a beta of 0.20.

JPMorgan Core Plus Bond ETF Cuts Dividend

The company also recently announced a dividend, which was paid on Wednesday, February 5th. Investors of record on Monday, February 3rd were given a $0.1921 dividend. The ex-dividend date was Monday, February 3rd.

About JPMorgan Core Plus Bond ETF

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.