Mainstay Capital Management LLC ADV Sells 446,196 Shares of JPMorgan International Bond Opportunities ETF $JPIB

Mainstay Capital Management LLC ADV lowered its position in shares of JPMorgan International Bond Opportunities ETF (BATS:JPIB) by 48.0% in the 3rd quarter, Holdings Channel.com reports. The fund owned 482,705 shares of the company’s stock after selling 446,196 shares during the quarter. JPMorgan International Bond Opportunities ETF comprises approximately 2.4% of Mainstay Capital Management LLC ADV’s investment portfolio, making the stock its 13th largest position. Mainstay Capital Management LLC ADV’s holdings in JPMorgan International Bond Opportunities ETF were worth $23,667,000 at the end of the most recent reporting period.

Other hedge funds also recently added to or reduced their stakes in the company. Rice Partnership LLC bought a new position in JPMorgan International Bond Opportunities ETF in the 3rd quarter valued at approximately $64,376,000. Avantax Planning Partners Inc. increased its holdings in shares of JPMorgan International Bond Opportunities ETF by 72.8% in the 3rd quarter. Avantax Planning Partners Inc. now owns 2,251,106 shares of the company’s stock worth $110,372,000 after purchasing an additional 948,714 shares in the last quarter. Jane Street Group LLC increased its holdings in shares of JPMorgan International Bond Opportunities ETF by 1,315.4% in the 2nd quarter. Jane Street Group LLC now owns 526,367 shares of the company’s stock worth $25,592,000 after purchasing an additional 489,178 shares in the last quarter. Commonwealth Equity Services LLC raised its stake in shares of JPMorgan International Bond Opportunities ETF by 283.3% in the third quarter. Commonwealth Equity Services LLC now owns 296,920 shares of the company’s stock worth $14,558,000 after purchasing an additional 219,447 shares during the last quarter. Finally, Power Wealth Management LLC purchased a new position in shares of JPMorgan International Bond Opportunities ETF in the third quarter worth $7,590,000.

JPMorgan International Bond Opportunities ETF Price Performance

Shares of BATS:JPIB opened at $47.96 on Thursday. JPMorgan International Bond Opportunities ETF has a 1 year low of $46.54 and a 1 year high of $49.42. The company has a market cap of $892.06 million, a P/E ratio of 4.86 and a beta of 0.24. The stock’s fifty day moving average price is $48.93 and its 200-day moving average price is $48.93.

JPMorgan International Bond Opportunities ETF Cuts Dividend

The firm also recently announced a monthly dividend, which was paid on Wednesday, March 4th. Shareholders of record on Monday, March 2nd were given a $0.1914 dividend. The ex-dividend date of this dividend was Monday, March 2nd. This represents a c) dividend on an annualized basis and a yield of 4.8%.

About JPMorgan International Bond Opportunities ETF

The JPMorgan International Bond Opportunities ETF (JPIB) is an exchange-traded fund that is based on the Bloomberg U.S. Universal Bond index. The fund provides total return through the active management of a broad based, broad maturity bond portfolio reaching sectors in both developed and emerging markets around the world outside of the US. JPIB was launched on Apr 3, 2017 and is managed by JPMorgan Chase.