Concurrent Investment Advisors LLC Boosts Stock Position in JPMorgan Core Plus Bond ETF (BATS:JCPB)

Concurrent Investment Advisors LLC increased its position in JPMorgan Core Plus Bond ETF (BATS:JCPB) by 146.2% in the 3rd quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The institutional investor owned 70,779 shares of the company’s stock after acquiring an additional 42,030 shares during the quarter. Concurrent Investment Advisors LLC owned about 0.11% of JPMorgan Core Plus Bond ETF worth $3,414,000 at the end of the most recent quarter.

Other institutional investors and hedge funds also recently added to or reduced their stakes in the company. Raymond James & Associates boosted its position in shares of JPMorgan Core Plus Bond ETF by 14.5% in the third quarter. Raymond James & Associates now owns 306,131 shares of the company’s stock worth $14,768,000 after purchasing an additional 38,776 shares during the period. Ascent Group LLC lifted its stake in shares of JPMorgan Core Plus Bond ETF by 10.4% during the 2nd quarter. Ascent Group LLC now owns 8,890 shares of the company’s stock valued at $412,000 after buying an additional 835 shares in the last quarter. Corrigan Financial Inc. boosted its holdings in JPMorgan Core Plus Bond ETF by 16.4% in the 3rd quarter. Corrigan Financial Inc. now owns 702,956 shares of the company’s stock worth $33,911,000 after buying an additional 99,008 shares during the period. Concourse Financial Group Securities Inc. purchased a new stake in JPMorgan Core Plus Bond ETF in the 3rd quarter worth $30,000. Finally, Private Advisor Group LLC raised its holdings in JPMorgan Core Plus Bond ETF by 33.4% during the third quarter. Private Advisor Group LLC now owns 9,957 shares of the company’s stock valued at $480,000 after acquiring an additional 2,494 shares during the period.

JPMorgan Core Plus Bond ETF Stock Down 0.7 %

Shares of JPMorgan Core Plus Bond ETF stock opened at $46.41 on Thursday. The stock has a market capitalization of $2.99 billion, a P/E ratio of 2.20 and a beta of 0.17. The firm has a 50 day simple moving average of $47.65 and a 200-day simple moving average of $46.93.

JPMorgan Core Plus Bond ETF Increases Dividend

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

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.