PNC Financial Services Group Inc. Has $1.88 Million Stock Position in JPMorgan Core Plus Bond ETF (BATS:JCPB)

PNC Financial Services Group Inc. raised its holdings in JPMorgan Core Plus Bond ETF (BATS:JCPB) by 86.6% during the 3rd quarter, according to the company in its most recent disclosure with the SEC. The firm owned 38,995 shares of the company’s stock after buying an additional 18,098 shares during the quarter. PNC Financial Services Group Inc.’s holdings in JPMorgan Core Plus Bond ETF were worth $1,881,000 as of its most recent SEC filing.

A number of other institutional investors and hedge funds have also recently modified their holdings of the business. Raymond James & Associates boosted its stake in JPMorgan Core Plus Bond ETF by 14.5% during the third quarter. Raymond James & Associates now owns 306,131 shares of the company’s stock worth $14,768,000 after acquiring an additional 38,776 shares in the last quarter. Private Advisor Group LLC boosted its position in shares of JPMorgan Core Plus Bond ETF by 33.4% during the 3rd quarter. Private Advisor Group LLC now owns 9,957 shares of the company’s stock worth $480,000 after purchasing an additional 2,494 shares in the last quarter. Ascent Group LLC grew its stake in shares of JPMorgan Core Plus Bond ETF by 10.4% in the 2nd quarter. Ascent Group LLC now owns 8,890 shares of the company’s stock valued at $412,000 after buying an additional 835 shares during the period. Concourse Financial Group Securities Inc. bought a new stake in JPMorgan Core Plus Bond ETF in the 3rd quarter valued at about $30,000. Finally, Corrigan Financial Inc. raised its stake in JPMorgan Core Plus Bond ETF by 16.4% during the 3rd quarter. Corrigan Financial Inc. now owns 702,956 shares of the company’s stock worth $33,911,000 after buying an additional 99,008 shares during the period.

JPMorgan Core Plus Bond ETF Price Performance

Shares of BATS:JCPB opened at $46.88 on Wednesday. The stock’s fifty day moving average price is $47.23 and its 200 day moving average price is $47.04. The firm has a market capitalization of $3.02 billion, a price-to-earnings ratio of 2.20 and a beta of 0.17.

JPMorgan Core Plus Bond ETF Increases Dividend

The firm also recently announced a dividend, which was paid on Thursday, September 5th. Stockholders of record on Tuesday, September 3rd were given a dividend of $0.2049 per share. The ex-dividend date of this dividend was Tuesday, September 3rd. This is an increase from JPMorgan Core Plus Bond ETF’s previous dividend of $0.20.

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.