Janney Capital Management LLC Sells 5,532 Shares of JPMorgan Core Plus Bond ETF (BATS:JCPB)

Janney Capital Management LLC reduced its stake in JPMorgan Core Plus Bond ETF (BATS:JCPB) by 1.8% in the third quarter, Holdings Channel.com reports. The institutional investor owned 299,273 shares of the company’s stock after selling 5,532 shares during the period. Janney Capital Management LLC’s holdings in JPMorgan Core Plus Bond ETF were worth $14,437,000 at the end of the most recent quarter.

Several other institutional investors and hedge funds have also bought and sold shares of the stock. Moisand Fitzgerald Tamayo LLC purchased a new stake in shares of JPMorgan Core Plus Bond ETF in the 3rd quarter worth about $30,000. Concourse Financial Group Securities Inc. bought a new stake in JPMorgan Core Plus Bond ETF during the third quarter worth about $30,000. Creative Financial Designs Inc. ADV purchased a new stake in JPMorgan Core Plus Bond ETF in the third quarter worth about $32,000. International Assets Investment Management LLC bought a new position in shares of JPMorgan Core Plus Bond ETF during the second quarter valued at approximately $63,000. Finally, Strategic Financial Concepts LLC purchased a new position in shares of JPMorgan Core Plus Bond ETF during the second quarter valued at approximately $72,000.

JPMorgan Core Plus Bond ETF Stock Performance

Shares of JCPB opened at $46.48 on Friday. The company has a market cap of $2.99 billion, a PE ratio of 2.20 and a beta of 0.17. The stock has a 50 day moving average of $47.73 and a 200 day moving average of $46.90.

JPMorgan Core Plus Bond ETF Increases Dividend

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

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.