Coordinated Financial Services Inc. Makes New $890,000 Investment in JPMorgan Core Plus Bond ETF (BATS:JCPB)

Coordinated Financial Services Inc. purchased a new position in JPMorgan Core Plus Bond ETF (BATS:JCPB) in the fourth quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The institutional investor purchased 19,324 shares of the company’s stock, valued at approximately $890,000.

Other institutional investors have also bought and sold shares of the company. JPMorgan Chase & Co. lifted its stake in JPMorgan Core Plus Bond ETF by 14.3% in the 3rd quarter. JPMorgan Chase & Co. now owns 2,234,376 shares of the company’s stock worth $107,786,000 after purchasing an additional 279,898 shares in the last quarter. Wealth Enhancement Advisory Services LLC bought a new stake in JPMorgan Core Plus Bond ETF in the 3rd quarter worth approximately $383,000. Kingsview Wealth Management LLC raised its holdings in shares of JPMorgan Core Plus Bond ETF by 23.3% during the 3rd 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 in the last quarter. Garden State Investment Advisory Services LLC grew its holdings in shares of JPMorgan Core Plus Bond ETF by 3.3% in the third quarter. Garden State Investment Advisory Services LLC now owns 208,874 shares of the company’s stock valued at $10,081,000 after purchasing an additional 6,589 shares in the last quarter. Finally, Strategic Financial Concepts LLC grew its holdings in shares of JPMorgan Core Plus Bond ETF by 8.9% in the fourth quarter. Strategic Financial Concepts LLC now owns 4,851 shares of the company’s stock valued at $223,000 after purchasing an additional 397 shares in the last quarter.

JPMorgan Core Plus Bond ETF Trading Up 2.5 %

JCPB opened at $46.76 on Friday. The stock has a market capitalization of $5.80 billion, a price-to-earnings ratio of 60.62 and a beta of 0.22. The stock has a 50 day moving average of $46.35 and a 200-day moving average of $46.96.

JPMorgan Core Plus Bond ETF Cuts Dividend

The firm also recently announced a dividend, which was paid on Wednesday, March 5th. Shareholders of record on Monday, March 3rd were given a dividend of $0.1873 per share. The ex-dividend date was Monday, March 3rd.

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.