Hughes Financial Services LLC Makes New Investment in JPMorgan Core Plus Bond ETF (BATS:JCPB)

Hughes Financial Services LLC bought a new position in shares of JPMorgan Core Plus Bond ETF (BATS:JCPB) during the 4th quarter, according to its most recent disclosure with the SEC. The fund bought 1,217,581 shares of the company’s stock, valued at approximately $56,094,000. JPMorgan Core Plus Bond ETF accounts for 11.5% of Hughes Financial Services LLC’s holdings, making the stock its 2nd biggest holding. Hughes Financial Services LLC owned approximately 1.89% of JPMorgan Core Plus Bond ETF as of its most recent SEC filing.

Several other hedge funds and other institutional investors have also recently bought and sold shares of the stock. Contravisory Investment Management Inc. acquired a new position in shares of JPMorgan Core Plus Bond ETF in the 4th quarter valued at about $25,000. Transcendent Capital Group LLC bought a new stake in JPMorgan Core Plus Bond ETF in the 4th quarter valued at about $33,000. Wintrust Investments LLC bought a new stake in JPMorgan Core Plus Bond ETF in the 4th quarter valued at about $40,000. Hantz Financial Services Inc. increased its position in JPMorgan Core Plus Bond ETF by 23,350.0% in the 4th quarter. Hantz Financial Services Inc. now owns 938 shares of the company’s stock valued at $43,000 after buying an additional 934 shares in the last quarter. Finally, Assetmark Inc. bought a new stake in JPMorgan Core Plus Bond ETF in the 4th quarter valued at about $50,000.

JPMorgan Core Plus Bond ETF Stock Performance

Shares of JCPB opened at $46.81 on Friday. The stock has a 50 day moving average price of $46.40 and a two-hundred day moving average price of $46.93. The firm has a market capitalization of $5.80 billion, a P/E ratio of 60.62 and a beta of 0.22. JPMorgan Core Plus Bond ETF has a 52 week low of $44.30 and a 52 week high of $48.54.

JPMorgan Core Plus Bond ETF Cuts Dividend

The business also recently disclosed a dividend, which was paid on Wednesday, March 5th. Shareholders of record on Monday, March 3rd were issued a dividend of $0.1873 per share. The ex-dividend date of this dividend was Monday, March 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.