AllGen Financial Advisors Inc. Has $44.91 Million Stock Position in JPMorgan Core Plus Bond ETF (BATS:JCPB)

AllGen Financial Advisors Inc. lifted its holdings in JPMorgan Core Plus Bond ETF (BATS:JCPB) by 31.8% in the fourth quarter, HoldingsChannel reports. The fund owned 953,798 shares of the company’s stock after buying an additional 230,315 shares during the period. JPMorgan Core Plus Bond ETF makes up 23.4% of AllGen Financial Advisors Inc.’s investment portfolio, making the stock its biggest position. AllGen Financial Advisors Inc.’s holdings in JPMorgan Core Plus Bond ETF were worth $44,910,000 at the end of the most recent reporting period.

A number of other hedge funds have also recently made changes to their positions in JCPB. JPMorgan Chase & Co. lifted its holdings in shares of JPMorgan Core Plus Bond ETF by 80.8% in the 3rd quarter. JPMorgan Chase & Co. now owns 2,854,329 shares of the company’s stock worth $127,502,000 after acquiring an additional 1,275,986 shares during the last quarter. Raymond James Financial Services Advisors Inc. lifted its holdings in shares of JPMorgan Core Plus Bond ETF by 700.2% in the 4th quarter. Raymond James Financial Services Advisors Inc. now owns 1,031,119 shares of the company’s stock worth $48,550,000 after acquiring an additional 902,262 shares during the last quarter. CGN Advisors LLC increased its stake in shares of JPMorgan Core Plus Bond ETF by 6,262.1% in the fourth quarter. CGN Advisors LLC now owns 838,455 shares of the company’s stock worth $39,479,000 after buying an additional 825,276 shares during the period. Harbor Group Inc. increased its stake in shares of JPMorgan Core Plus Bond ETF by 13,053.0% in the fourth quarter. Harbor Group Inc. now owns 735,516 shares of the company’s stock worth $34,632,000 after buying an additional 729,924 shares during the period. Finally, Grant Street Asset Management Inc. purchased a new position in shares of JPMorgan Core Plus Bond ETF in the third quarter worth $31,141,000.

JPMorgan Core Plus Bond ETF Trading Up 0.5 %

Shares of BATS JCPB traded up $0.23 during mid-day trading on Friday, hitting $45.76. The stock had a trading volume of 349,419 shares. The business’s 50-day moving average price is $46.05 and its 200 day moving average price is $45.93. The stock has a market capitalization of $2.92 billion, a price-to-earnings ratio of 2.19 and a beta of 0.15.

JPMorgan Core Plus Bond ETF Increases Dividend

The company also recently announced a dividend, which was paid on Thursday, April 4th. Investors of record on Tuesday, April 2nd were paid a $0.1873 dividend. This is an increase from JPMorgan Core Plus Bond ETF’s previous dividend of $0.18. The ex-dividend date was Monday, April 1st.

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.