Royal Harbor Partners LLC Makes New $19.18 Million Investment in JPMorgan Core Plus Bond ETF $JCPB

Royal Harbor Partners LLC purchased a new stake in JPMorgan Core Plus Bond ETF (NYSEARCA:JCPB) during the third quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission. The institutional investor purchased 428,267 shares of the company’s stock, valued at approximately $19,178,000. JPMorgan Core Plus Bond ETF accounts for 5.9% of Royal Harbor Partners LLC’s investment portfolio, making the stock its 5th biggest position. Royal Harbor Partners LLC owned about 0.12% of JPMorgan Core Plus Bond ETF at the end of the most recent reporting period.

Several other hedge funds have also recently added to or reduced their stakes in JCPB. Nolet Wealth Management LLC grew its holdings in shares of JPMorgan Core Plus Bond ETF by 1.8% in the 2nd quarter. Nolet Wealth Management LLC now owns 28,444 shares of the company’s stock valued at $1,335,000 after buying an additional 501 shares during the period. First Citizens Financial Corp raised its stake in JPMorgan Core Plus Bond ETF by 2.9% during the 2nd quarter. First Citizens Financial Corp now owns 21,561 shares of the company’s stock worth $1,012,000 after buying an additional 600 shares during the period. RDA Financial Network lifted its holdings in JPMorgan Core Plus Bond ETF by 7.1% during the second quarter. RDA Financial Network now owns 10,061 shares of the company’s stock worth $472,000 after acquiring an additional 669 shares in the last quarter. Sterling Investment Advisors Ltd. lifted its holdings in JPMorgan Core Plus Bond ETF by 2.5% during the first quarter. Sterling Investment Advisors Ltd. now owns 27,695 shares of the company’s stock worth $1,304,000 after acquiring an additional 675 shares in the last quarter. Finally, Waverly Advisors LLC grew its stake in JPMorgan Core Plus Bond ETF by 17.1% in the first quarter. Waverly Advisors LLC now owns 5,151 shares of the company’s stock valued at $242,000 after acquiring an additional 754 shares during the period.

JPMorgan Core Plus Bond ETF Price Performance

NYSEARCA JCPB opened at $45.60 on Friday. JPMorgan Core Plus Bond ETF has a one year low of $44.40 and a one year high of $48.17. The firm has a market cap of $17.51 billion, a P/E ratio of 60.35 and a beta of 0.26. The stock’s 50-day moving average is $45.38 and its 200-day moving average is $46.57.

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.