172,408 Shares in JPMorgan Core Plus Bond ETF (BATS:JCPB) Purchased by Silver Lake Advisory LLC

Silver Lake Advisory LLC acquired a new stake in shares of JPMorgan Core Plus Bond ETF (BATS:JCPB) during the second quarter, HoldingsChannel.com reports. The firm acquired 172,408 shares of the company’s stock, valued at approximately $7,988,000. JPMorgan Core Plus Bond ETF accounts for 1.1% of Silver Lake Advisory LLC’s holdings, making the stock its 15th biggest position.

Several other institutional investors have also modified their holdings of the stock. Joseph Group Capital Management bought a new position in shares of JPMorgan Core Plus Bond ETF during the 4th quarter valued at approximately $35,000. Pinnacle Bancorp Inc. bought a new position in JPMorgan Core Plus Bond ETF during the first quarter valued at $56,000. International Assets Investment Management LLC purchased a new stake in shares of JPMorgan Core Plus Bond ETF in the second quarter valued at $63,000. Strategic Financial Concepts LLC bought a new stake in shares of JPMorgan Core Plus Bond ETF in the 2nd quarter worth about $72,000. Finally, Whittier Trust Co. of Nevada Inc. boosted its stake in shares of JPMorgan Core Plus Bond ETF by 50.6% during the 1st quarter. Whittier Trust Co. of Nevada Inc. now owns 2,012 shares of the company’s stock worth $94,000 after purchasing an additional 676 shares during the period.

JPMorgan Core Plus Bond ETF Price Performance

JPMorgan Core Plus Bond ETF stock opened at $48.32 on Friday. The stock has a market cap of $3.11 billion, a price-to-earnings ratio of 2.20 and a beta of 0.17. The stock has a fifty day moving average price of $47.76 and a 200-day moving average price of $46.70.

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 issued 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.