Coordinated Financial Services Inc. Makes New Investment in JPMorgan Core Plus Bond ETF (BATS:JCPB)

Coordinated Financial Services Inc. bought a new position in shares of JPMorgan Core Plus Bond ETF (BATS:JCPB) in the fourth quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The institutional investor bought 19,324 shares of the company’s stock, valued at approximately $890,000.

A number of other hedge funds also recently bought and sold shares of JCPB. Contravisory Investment Management Inc. purchased a new stake in shares of JPMorgan Core Plus Bond ETF during the 4th quarter worth $25,000. Transcendent Capital Group LLC purchased a new stake in JPMorgan Core Plus Bond ETF during the fourth quarter valued at approximately $33,000. Hantz Financial Services Inc. lifted its position in JPMorgan Core Plus Bond ETF by 23,350.0% during the fourth quarter. Hantz Financial Services Inc. now owns 938 shares of the company’s stock valued at $43,000 after acquiring an additional 934 shares during the last quarter. Assetmark Inc. purchased a new stake in JPMorgan Core Plus Bond ETF during the fourth quarter valued at approximately $50,000. Finally, Kestra Investment Management LLC purchased a new stake in shares of JPMorgan Core Plus Bond ETF during the 4th quarter valued at $189,000.

JPMorgan Core Plus Bond ETF Stock Performance

Shares of JCPB opened at $46.76 on Friday. The firm’s 50 day simple moving average is $46.35 and its two-hundred day simple moving average is $46.96. The stock has a market cap of $5.80 billion, a price-to-earnings ratio of 60.62 and a beta of 0.22.

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.

About JPMorgan Core Plus Bond ETF

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.