MidAtlantic Capital Management Inc. Takes $3.10 Million Position in JPMorgan Core Plus Bond ETF (BATS:JCPB)

MidAtlantic Capital Management Inc. purchased a new stake in shares of JPMorgan Core Plus Bond ETF (BATS:JCPB) during the third quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The fund purchased 64,347 shares of the company’s stock, valued at approximately $3,104,000. JPMorgan Core Plus Bond ETF accounts for 2.3% of MidAtlantic Capital Management Inc.’s portfolio, making the stock its 12th biggest holding.

A number of other large investors have also made changes to their positions in JCPB. US Bancorp DE purchased a new position in JPMorgan Core Plus Bond ETF during the first quarter valued at approximately $358,000. Trustmark National Bank Trust Department grew its position in JPMorgan Core Plus Bond ETF by 37.7% during the first quarter. Trustmark National Bank Trust Department now owns 7,300 shares of the company’s stock valued at $341,000 after purchasing an additional 2,000 shares in the last quarter. CreativeOne Wealth LLC grew its position in JPMorgan Core Plus Bond ETF by 15.3% during the first quarter. CreativeOne Wealth LLC now owns 57,726 shares of the company’s stock valued at $2,693,000 after purchasing an additional 7,664 shares in the last quarter. Axxcess Wealth Management LLC grew its position in JPMorgan Core Plus Bond ETF by 35.1% during the first quarter. Axxcess Wealth Management LLC now owns 67,885 shares of the company’s stock valued at $3,166,000 after purchasing an additional 17,631 shares in the last quarter. Finally, Linscomb Wealth Inc. grew its position in JPMorgan Core Plus Bond ETF by 6.8% during the first quarter. Linscomb Wealth Inc. now owns 5,578 shares of the company’s stock valued at $260,000 after purchasing an additional 355 shares in the last quarter.

JPMorgan Core Plus Bond ETF Price Performance

Shares of JCPB opened at $46.44 on Monday. The stock has a market capitalization of $2.99 billion, a P/E ratio of 2.20 and a beta of 0.17. The company’s 50 day moving average is $47.47 and its 200 day moving average is $47.00.

JPMorgan Core Plus Bond ETF Increases Dividend

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

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.