Gladstone Institutional Advisory LLC Purchases New Shares in JPMorgan Core Plus Bond ETF (BATS:JCPB)

Gladstone Institutional Advisory LLC acquired a new position in JPMorgan Core Plus Bond ETF (BATS:JCPB) in the 4th quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The institutional investor acquired 5,980 shares of the company’s stock, valued at approximately $282,000.

Several other institutional investors and hedge funds have also recently modified their holdings of the stock. Lincoln National Corp increased its position in shares of JPMorgan Core Plus Bond ETF by 191.2% during the third quarter. Lincoln National Corp now owns 23,704 shares of the company’s stock valued at $1,059,000 after acquiring an additional 15,565 shares in the last quarter. Vestmark Advisory Solutions Inc. grew its position in shares of JPMorgan Core Plus Bond ETF by 40.3% during the 3rd quarter. Vestmark Advisory Solutions Inc. now owns 559,546 shares of the company’s stock valued at $24,995,000 after acquiring an additional 160,789 shares during the period. Hedeker Wealth LLC increased its stake in shares of JPMorgan Core Plus Bond ETF by 1.6% in the 3rd quarter. Hedeker Wealth LLC now owns 41,628 shares of the company’s stock worth $1,860,000 after purchasing an additional 638 shares in the last quarter. Kingsview Wealth Management LLC purchased a new stake in JPMorgan Core Plus Bond ETF in the third quarter worth about $812,000. Finally, Oppenheimer & Co. Inc. purchased a new stake in JPMorgan Core Plus Bond ETF in the 3rd quarter worth approximately $399,000.

JPMorgan Core Plus Bond ETF Trading Down 0.3 %

JCPB opened at $45.97 on Friday. The company has a market capitalization of $2.96 billion, a price-to-earnings ratio of 2.20 and a beta of 0.17. The stock has a fifty day moving average price of $45.93 and a 200 day moving average price of $46.14.

JPMorgan Core Plus Bond ETF Increases Dividend

The firm also recently declared a dividend, which was paid on Thursday, April 4th. Shareholders of record on Tuesday, April 2nd were issued a dividend of $0.1873 per share. The ex-dividend date of this dividend was Monday, April 1st. This is a boost from JPMorgan Core Plus Bond ETF’s previous dividend of $0.18.

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.