ETFs

Courier Capital LLC Expands Investment in JPMorgan Core Plus Bond ETF

Published October 24, 2024

Courier Capital LLC has significantly increased its investment in the JPMorgan Core Plus Bond ETF (BATS:JCPB) during the third quarter, achieving an impressive growth rate of 660.4%. After acquiring 41,059 additional shares, Courier Capital LLC now holds a total of 47,276 shares of this ETF. This investment is valued at approximately $2,281,000 as of the end of the latest quarter.

Other hedge funds have also adjusted their positions in the JPMorgan Core Plus Bond ETF. Concourse Financial Group Securities Inc. established a new position worth about $30,000 in the third quarter. Similarly, Moisand Fitzgerald Tamayo LLC invested in the ETF during the same period, also valued at around $30,000. Additionally, Pinnacle Bancorp Inc. acquired shares earlier in the year in the first quarter, valued at approximately $56,000. International Assets Investment Management LLC made a new investment worth about $63,000 in the second quarter. Furthermore, Whittier Trust Co. of Nevada Inc. increased its holdings in the JPMorgan Core Plus Bond ETF by 50.6% in the first quarter, now owning 2,012 shares valued at $94,000 after purchasing an additional 676 shares during that time.

Price Performance of JPMorgan Core Plus Bond ETF

The price of the JPMorgan Core Plus Bond ETF opened at $46.91. The ETF has a 50-day moving average of $47.87 and a 200-day moving average of $46.85. It boasts a market capitalization of $3.02 billion, a PE ratio of 2.20, and a beta of 0.17, indicating its performance relative to the broader market.

Recent Dividend Announcement

Recently, JPMorgan Core Plus Bond ETF declared a dividend which was paid on September 5th. Shareholders on record as of September 3rd received a dividend of $0.2049 per share, up from the previous dividend amount of $0.20. The ex-dividend date was also September 3rd.

About JPMorgan Core Plus Bond ETF

The JPMorgan Core Plus Bond ETF (JCPB) is an exchange-traded fund that is designed to track the Bloomberg Global Aggregate Bond Index. This actively managed ETF encompasses a diverse mix of fixed income securities. Launched on January 28, 2019, it is managed by JPMorgan Chase.

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Looking for current insights on hedge fund holdings in JCPB? Navigate to HoldingsChannel.com for the latest in 13F filings and insider trades related to the JPMorgan Core Plus Bond ETF (BATS:JCPB).

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Courier, Capital, JPMorgan