Beacon Financial Advisory LLC Purchases New Position in JPMorgan Core Plus Bond ETF (BATS:JCPB)

Beacon Financial Advisory LLC purchased a new stake in shares of JPMorgan Core Plus Bond ETF (BATS:JCPB) in the first quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The institutional investor purchased 4,310 shares of the company’s stock, valued at approximately $203,000.

A number of other hedge funds and other institutional investors also recently added to or reduced their stakes in the company. Private Advisor Group LLC raised its position in JPMorgan Core Plus Bond ETF by 2.3% during the fourth quarter. Private Advisor Group LLC now owns 10,188 shares of the company’s stock valued at $469,000 after purchasing an additional 231 shares during the period. LPL Financial LLC raised its position in JPMorgan Core Plus Bond ETF by 0.3% during the fourth quarter. LPL Financial LLC now owns 135,487 shares of the company’s stock valued at $6,242,000 after purchasing an additional 375 shares during the period. LexAurum Advisors LLC raised its position in JPMorgan Core Plus Bond ETF by 0.8% during the first quarter. LexAurum Advisors LLC now owns 50,800 shares of the company’s stock valued at $2,390,000 after purchasing an additional 396 shares during the period. Ascent Group LLC raised its position in JPMorgan Core Plus Bond ETF by 4.4% during the fourth quarter. Ascent Group LLC now owns 10,419 shares of the company’s stock valued at $480,000 after purchasing an additional 438 shares during the period. Finally, LGT Financial Advisors LLC raised its position in JPMorgan Core Plus Bond ETF by 29.9% during the fourth quarter. LGT Financial Advisors LLC now owns 2,048 shares of the company’s stock valued at $94,000 after purchasing an additional 471 shares during the period.

JPMorgan Core Plus Bond ETF Price Performance

Shares of JCPB stock opened at $46.91 on Friday. JPMorgan Core Plus Bond ETF has a 1 year low of $45.51 and a 1 year high of $48.54. The stock’s 50 day simple moving average is $46.42 and its two-hundred day simple moving average is $46.45. The company has a market cap of $6.69 billion, a PE ratio of 60.25 and a beta of 0.24.

JPMorgan Core Plus Bond ETF Company Profile

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.