Mach 1 Financial Group LLC Purchases New Position in JPMorgan Core Plus Bond ETF (BATS:JCPB)

Mach 1 Financial Group LLC acquired a new stake in JPMorgan Core Plus Bond ETF (BATS:JCPB) in the third quarter, according to its most recent filing with the SEC. The fund acquired 5,175 shares of the company’s stock, valued at approximately $250,000.

Other hedge funds have also bought and sold shares of the company. Envestnet Portfolio Solutions Inc. increased its position in shares of JPMorgan Core Plus Bond ETF by 19.3% during the first quarter. Envestnet Portfolio Solutions Inc. now owns 7,274 shares of the company’s stock valued at $339,000 after buying an additional 1,179 shares during the period. Oppenheimer & Co. Inc. increased its holdings in JPMorgan Core Plus Bond ETF by 40.4% during the 1st quarter. Oppenheimer & Co. Inc. now owns 37,462 shares of the company’s stock worth $1,747,000 after acquiring an additional 10,773 shares during the period. Concurrent Investment Advisors LLC lifted its stake in JPMorgan Core Plus Bond ETF by 11.0% in the 1st quarter. Concurrent Investment Advisors LLC now owns 12,948 shares of the company’s stock worth $604,000 after purchasing an additional 1,283 shares in the last quarter. Verus Capital Partners LLC boosted its holdings in JPMorgan Core Plus Bond ETF by 13.6% in the 1st quarter. Verus Capital Partners LLC now owns 171,450 shares of the company’s stock valued at $7,997,000 after purchasing an additional 20,527 shares during the period. Finally, Thoroughbred Financial Services LLC grew its position in shares of JPMorgan Core Plus Bond ETF by 12.0% during the 1st quarter. Thoroughbred Financial Services LLC now owns 25,259 shares of the company’s stock valued at $1,178,000 after purchasing an additional 2,708 shares in the last quarter.

JPMorgan Core Plus Bond ETF Stock Up 0.3 %

Shares of JCPB stock opened at $46.85 on Friday. The stock has a market capitalization of $3.02 billion, a P/E ratio of 2.20 and a beta of 0.17. The stock has a 50-day simple moving average of $47.61 and a two-hundred day simple moving average of $46.94.

JPMorgan Core Plus Bond ETF Increases Dividend

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

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.