Modern Wealth Management LLC Purchases 355,942 Shares of JPMorgan Core Plus Bond ETF $JCPB

Modern Wealth Management LLC boosted its position in JPMorgan Core Plus Bond ETF (BATS:JCPB) by 19.4% in the 1st quarter, Holdings Channel reports. The fund owned 2,186,266 shares of the company’s stock after purchasing an additional 355,942 shares during the period. JPMorgan Core Plus Bond ETF makes up about 1.8% of Modern Wealth Management LLC’s investment portfolio, making the stock its 7th biggest position. Modern Wealth Management LLC’s holdings in JPMorgan Core Plus Bond ETF were worth $102,492,000 at the end of the most recent reporting period.

Several other hedge funds and other institutional investors have also recently bought and sold shares of JCPB. First Washington CORP lifted its stake in shares of JPMorgan Core Plus Bond ETF by 88.6% during the 1st quarter. First Washington CORP now owns 1,545,169 shares of the company’s stock worth $72,747,000 after purchasing an additional 725,754 shares during the period. Greenline Wealth Management LLC boosted its holdings in shares of JPMorgan Core Plus Bond ETF by 3.0% during the first quarter. Greenline Wealth Management LLC now owns 46,257 shares of the company’s stock worth $2,178,000 after purchasing an additional 1,368 shares during the last quarter. Lido Advisors LLC grew its position in shares of JPMorgan Core Plus Bond ETF by 4.5% in the first quarter. Lido Advisors LLC now owns 61,219 shares of the company’s stock valued at $2,882,000 after purchasing an additional 2,638 shares during the period. Cetera Investment Advisers grew its position in shares of JPMorgan Core Plus Bond ETF by 11.2% in the first quarter. Cetera Investment Advisers now owns 2,096,483 shares of the company’s stock valued at $98,702,000 after purchasing an additional 210,368 shares during the period. Finally, PNC Financial Services Group Inc. increased its stake in JPMorgan Core Plus Bond ETF by 21.8% in the first quarter. PNC Financial Services Group Inc. now owns 966,425 shares of the company’s stock valued at $45,499,000 after purchasing an additional 173,099 shares during the last quarter.

JPMorgan Core Plus Bond ETF Trading Down 0.3%

JPMorgan Core Plus Bond ETF stock opened at $46.18 on Friday. The stock has a fifty day moving average price of $46.68 and a 200 day moving average price of $47.10. JPMorgan Core Plus Bond ETF has a 52 week low of $46.14 and a 52 week high of $48.17. The firm has a market capitalization of $6.78 billion, a P/E ratio of 60.35 and a beta of 0.24.

JPMorgan Core Plus Bond ETF 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.