JPMorgan Core Plus Bond ETF (BATS:JCPB) Increases Dividend to $0.19 Per Share

Posted by Carolyn Dwyer on Mar 29th, 2024

JPMorgan Core Plus Bond ETF (BATS:JCPB – Get Free Report) announced a dividend on Thursday, March 28th, NASDAQ reports. Stockholders of record on Tuesday, April 2nd will be given a dividend of 0.1873 per share on Thursday, April 4th. The ex-dividend date of this dividend is Monday, April 1st. This is a boost from JPMorgan Core Plus Bond ETF’s previous dividend of $0.18.

JPMorgan Core Plus Bond ETF Stock Down 0.1 %

JCPB traded down $0.03 on Friday, hitting $46.65. 420,830 shares of the stock were exchanged. The company has a 50 day moving average of $46.47 and a 200-day moving average of $45.78.

Institutional Inflows and Outflows

Hedge funds have recently added to or reduced their stakes in the company. Bank of America Corp DE increased its stake in shares of JPMorgan Core Plus Bond ETF by 76,151,200.0% in the 4th quarter. Bank of America Corp DE now owns 761,513 shares of the company’s stock valued at $34,976,000 after purchasing an additional 761,512 shares during the last quarter. Captrust Financial Advisors acquired a new position in JPMorgan Core Plus Bond ETF during the 2nd quarter worth approximately $27,223,000. WMS Partners LLC lifted its stake in JPMorgan Core Plus Bond ETF by 150.3% in the 2nd quarter. WMS Partners LLC now owns 919,599 shares of the company’s stock valued at $42,835,000 after purchasing an additional 552,163 shares during the last quarter. JPMorgan Chase & Co. boosted its position in JPMorgan Core Plus Bond ETF by 25.2% in the first quarter. JPMorgan Chase & Co. now owns 1,531,560 shares of the company’s stock valued at $72,581,000 after buying an additional 308,709 shares in the last quarter. Finally, AllGen Financial Advisors Inc. grew its stake in shares of JPMorgan Core Plus Bond ETF by 71.5% during the fourth quarter. AllGen Financial Advisors Inc. now owns 639,147 shares of the company’s stock worth $29,356,000 after buying an additional 266,474 shares during the last quarter.

About JPMorgan Core Plus Bond ETF

(Get Free Report)

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.