Modern Wealth Management LLC Has $38.20 Million Holdings in JPMorgan Core Plus Bond ETF $JCPB

Modern Wealth Management LLC grew its position in shares of JPMorgan Core Plus Bond ETF (BATS:JCPB) by 321.7% in the 2nd quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The institutional investor owned 811,743 shares of the company’s stock after acquiring an additional 619,260 shares during the quarter. JPMorgan Core Plus Bond ETF comprises 1.0% of Modern Wealth Management LLC’s holdings, making the stock its 22nd largest holding. Modern Wealth Management LLC’s holdings in JPMorgan Core Plus Bond ETF were worth $38,201,000 at the end of the most recent reporting period.

A number of other large investors also recently modified their holdings of JCPB. TruWealth Advisors LLC grew its position in JPMorgan Core Plus Bond ETF by 1.2% in the 2nd quarter. TruWealth Advisors LLC now owns 96,712 shares of the company’s stock worth $4,551,000 after purchasing an additional 1,186 shares in the last quarter. Cedar Point Capital Partners LLC lifted its position in shares of JPMorgan Core Plus Bond ETF by 1.1% during the 1st quarter. Cedar Point Capital Partners LLC now owns 240,786 shares of the company’s stock worth $11,327,000 after buying an additional 2,599 shares in the last quarter. EP Wealth Advisors LLC purchased a new position in shares of JPMorgan Core Plus Bond ETF in the 1st quarter worth approximately $217,000. Wealth Enhancement Advisory Services LLC grew its holdings in shares of JPMorgan Core Plus Bond ETF by 8.0% in the second quarter. Wealth Enhancement Advisory Services LLC now owns 255,602 shares of the company’s stock valued at $11,929,000 after acquiring an additional 18,962 shares in the last quarter. Finally, Steward Partners Investment Advisory LLC increased its position in shares of JPMorgan Core Plus Bond ETF by 40.7% during the first quarter. Steward Partners Investment Advisory LLC now owns 190,890 shares of the company’s stock valued at $8,979,000 after acquiring an additional 55,243 shares during the last quarter.

JPMorgan Core Plus Bond ETF Trading Up 3.8%

Shares of JPMorgan Core Plus Bond ETF stock opened at $47.33 on Friday. The business’s fifty day simple moving average is $47.59 and its 200 day simple moving average is $47.16. JPMorgan Core Plus Bond ETF has a 12 month low of $45.51 and a 12 month high of $48.54. The firm has a market capitalization of $6.95 billion, a P/E ratio of 60.35 and a beta of 0.24.

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.