Moss Adams Wealth Advisors LLC Takes Position in JPMorgan Core Plus Bond ETF (BATS:JCPB)

Moss Adams Wealth Advisors LLC bought a new position in shares of JPMorgan Core Plus Bond ETF (BATS:JCPB) in the 3rd quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The firm bought 1,615,897 shares of the company’s stock, valued at approximately $77,951,000. JPMorgan Core Plus Bond ETF comprises about 8.5% of Moss Adams Wealth Advisors LLC’s portfolio, making the stock its 3rd biggest holding. Moss Adams Wealth Advisors LLC owned about 2.51% of JPMorgan Core Plus Bond ETF at the end of the most recent quarter.

Several other hedge funds and other institutional investors also recently added to or reduced their stakes in JCPB. First Citizens Financial Corp boosted its position in shares of JPMorgan Core Plus Bond ETF by 1.4% during the 1st quarter. First Citizens Financial Corp now owns 18,688 shares of the company’s stock worth $872,000 after purchasing an additional 254 shares during the period. Linscomb Wealth Inc. grew its stake in shares of JPMorgan Core Plus Bond ETF by 6.8% in the first quarter. Linscomb Wealth Inc. now owns 5,578 shares of the company’s stock valued at $260,000 after buying an additional 355 shares in the last quarter. Ascent Group LLC raised its holdings in shares of JPMorgan Core Plus Bond ETF by 5.7% in the 1st quarter. Ascent Group LLC now owns 8,055 shares of the company’s stock valued at $376,000 after buying an additional 434 shares during the period. Envestnet Portfolio Solutions Inc. lifted its stake in JPMorgan Core Plus Bond ETF by 6.2% during the 2nd quarter. Envestnet Portfolio Solutions Inc. now owns 7,724 shares of the company’s stock worth $358,000 after acquiring an additional 450 shares in the last quarter. Finally, Aveo Capital Partners LLC boosted its holdings in JPMorgan Core Plus Bond ETF by 0.8% during the 2nd quarter. Aveo Capital Partners LLC now owns 66,210 shares of the company’s stock valued at $3,067,000 after acquiring an additional 504 shares during the period.

JPMorgan Core Plus Bond ETF Stock Performance

BATS JCPB opened at $47.38 on Friday. The firm has a market cap of $3.05 billion, a P/E ratio of 2.20 and a beta of 0.17. The firm has a fifty day moving average price of $47.90 and a 200-day moving average price of $46.82.

JPMorgan Core Plus Bond ETF Increases Dividend

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

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.