West Michigan Advisors LLC Purchases 3,065 Shares of JPMorgan Core Plus Bond ETF (BATS:JCPB)

West Michigan Advisors LLC lifted its position in JPMorgan Core Plus Bond ETF (BATS:JCPB) by 4.3% in the 3rd quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The institutional investor owned 74,169 shares of the company’s stock after buying an additional 3,065 shares during the quarter. JPMorgan Core Plus Bond ETF comprises approximately 1.1% of West Michigan Advisors LLC’s holdings, making the stock its 26th biggest position. West Michigan Advisors LLC owned approximately 0.12% of JPMorgan Core Plus Bond ETF worth $3,578,000 as of its most recent filing with the Securities and Exchange Commission.

Other hedge funds and other institutional investors have also made changes to their positions in the company. Moisand Fitzgerald Tamayo LLC bought a new position in JPMorgan Core Plus Bond ETF during the third quarter worth $30,000. Concourse Financial Group Securities Inc. acquired a new stake in shares of JPMorgan Core Plus Bond ETF during the third quarter worth $30,000. Pinnacle Bancorp Inc. acquired a new stake in shares of JPMorgan Core Plus Bond ETF during the first quarter worth $56,000. International Assets Investment Management LLC acquired a new stake in shares of JPMorgan Core Plus Bond ETF during the second quarter worth $63,000. Finally, Strategic Financial Concepts LLC acquired a new stake in shares of JPMorgan Core Plus Bond ETF during the second quarter worth $72,000.

JPMorgan Core Plus Bond ETF Stock Performance

JCPB stock opened at $46.99 on Friday. The company has a 50 day moving average of $47.86 and a 200-day moving average of $46.85. The firm has a market capitalization of $3.03 billion, a P/E ratio of 2.20 and a beta of 0.17.

JPMorgan Core Plus Bond ETF Increases Dividend

The firm also recently announced a dividend, which was paid on Thursday, September 5th. Shareholders of record on Tuesday, September 3rd were given a $0.2049 dividend. The ex-dividend date of this dividend was Tuesday, September 3rd. This is a boost from JPMorgan Core Plus Bond ETF’s previous dividend of $0.20.

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.