Menard Financial Group LLC Raises Stake in JPMorgan Core Plus Bond ETF (BATS:JCPB)

Menard Financial Group LLC boosted its stake in JPMorgan Core Plus Bond ETF (BATS:JCPB) by 7.4% in the 2nd quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The firm owned 33,468 shares of the company’s stock after purchasing an additional 2,308 shares during the quarter. JPMorgan Core Plus Bond ETF makes up 1.1% of Menard Financial Group LLC’s investment portfolio, making the stock its 19th largest position. Menard Financial Group LLC’s holdings in JPMorgan Core Plus Bond ETF were worth $1,551,000 as of its most recent filing with the Securities & Exchange Commission.

A number of other hedge funds have also added to or reduced their stakes in the stock. Joseph Group Capital Management bought a new position in shares of JPMorgan Core Plus Bond ETF in the fourth quarter valued at approximately $35,000. Pinnacle Bancorp Inc. purchased a new position in shares of JPMorgan Core Plus Bond ETF during the 1st quarter valued at $56,000. International Assets Investment Management LLC purchased a new position in shares of JPMorgan Core Plus Bond ETF during the 2nd quarter valued at $63,000. Strategic Financial Concepts LLC bought a new position in shares of JPMorgan Core Plus Bond ETF in the second quarter worth $72,000. Finally, Whittier Trust Co. of Nevada Inc. raised its position in shares of JPMorgan Core Plus Bond ETF by 50.6% in the first quarter. Whittier Trust Co. of Nevada Inc. now owns 2,012 shares of the company’s stock worth $94,000 after buying an additional 676 shares in the last quarter.

JPMorgan Core Plus Bond ETF Stock Up 0.2 %

BATS:JCPB opened at $48.39 on Monday. The company’s 50-day simple moving average is $47.43 and its two-hundred day simple moving average is $46.57. The company has a market capitalization of $3.12 billion, a price-to-earnings ratio of 2.20 and a beta of 0.17.

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.