Raymond James Financial Inc. Acquires Shares of 3,104,816 JPMorgan Core Plus Bond ETF (BATS:JCPB)

Raymond James Financial Inc. acquired a new stake in shares of JPMorgan Core Plus Bond ETF (BATS:JCPB) during the 4th quarter, HoldingsChannel.com reports. The fund acquired 3,104,816 shares of the company’s stock, valued at approximately $143,039,000.

Several other institutional investors have also added to or reduced their stakes in the business. SPC Financial Inc. lifted its holdings in JPMorgan Core Plus Bond ETF by 3.2% during the fourth quarter. SPC Financial Inc. now owns 532,971 shares of the company’s stock valued at $24,554,000 after purchasing an additional 16,497 shares during the last quarter. Assetmark Inc. purchased a new stake in shares of JPMorgan Core Plus Bond ETF in the fourth quarter worth about $50,000. Triad Wealth Partners LLC lifted its holdings in shares of JPMorgan Core Plus Bond ETF by 54.1% in the fourth quarter. Triad Wealth Partners LLC now owns 408,683 shares of the company’s stock worth $18,828,000 after buying an additional 143,468 shares in the last quarter. Patten Group Inc. lifted its holdings in shares of JPMorgan Core Plus Bond ETF by 26.1% in the fourth quarter. Patten Group Inc. now owns 38,530 shares of the company’s stock worth $1,775,000 after buying an additional 7,978 shares in the last quarter. Finally, Steward Partners Investment Advisory LLC lifted its holdings in shares of JPMorgan Core Plus Bond ETF by 23,781.5% in the fourth quarter. Steward Partners Investment Advisory LLC now owns 135,647 shares of the company’s stock worth $6,249,000 after buying an additional 135,079 shares in the last quarter.

JPMorgan Core Plus Bond ETF Stock Performance

Shares of JPMorgan Core Plus Bond ETF stock opened at $46.76 on Friday. The stock has a market capitalization of $5.61 billion, a P/E ratio of 60.05 and a beta of 0.20. The stock has a 50-day moving average price of $46.35 and a 200-day moving average price of $46.96.

JPMorgan Core Plus Bond ETF Cuts Dividend

The company also recently declared a dividend, which was paid on Wednesday, March 5th. Stockholders of record on Monday, March 3rd were issued a $0.1873 dividend. 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.