Novem Group Invests $237,000 in JPMorgan Core Plus Bond ETF (BATS:JCPB)

Novem Group purchased a new position in shares of JPMorgan Core Plus Bond ETF (BATS:JCPB) during the 4th quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The institutional investor purchased 5,141 shares of the company’s stock, valued at approximately $237,000.

Several other hedge funds have also made changes to their positions in JCPB. Transcendent Capital Group LLC acquired a new stake in JPMorgan Core Plus Bond ETF in the 4th quarter valued at about $33,000. Wintrust Investments LLC acquired a new stake in JPMorgan Core Plus Bond ETF in the 4th quarter valued at about $40,000. Hantz Financial Services Inc. grew its holdings in JPMorgan Core Plus Bond ETF by 23,350.0% during the 4th quarter. Hantz Financial Services Inc. now owns 938 shares of the company’s stock worth $43,000 after acquiring an additional 934 shares in the last quarter. OLD Point Trust & Financial Services N A acquired a new position in JPMorgan Core Plus Bond ETF during the 4th quarter worth approximately $46,000. Finally, Assetmark Inc. acquired a new position in JPMorgan Core Plus Bond ETF during the 4th quarter worth approximately $50,000.

JPMorgan Core Plus Bond ETF Stock Up 1.0%

BATS JCPB opened at $46.05 on Friday. JPMorgan Core Plus Bond ETF has a 52 week low of $44.30 and a 52 week high of $48.54. The stock has a market capitalization of $6.17 billion, a PE ratio of 60.15 and a beta of 0.25. The firm has a 50 day moving average of $46.50 and a two-hundred day moving average of $46.51.

JPMorgan Core Plus Bond ETF Cuts Dividend

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