Founders Financial Securities LLC Purchases New Position in JPMorgan Core Plus Bond ETF $JCPB

Founders Financial Securities LLC purchased a new stake in JPMorgan Core Plus Bond ETF (NYSEARCA:JCPB) in the third quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The fund purchased 652,039 shares of the company’s stock, valued at approximately $29,198,000. JPMorgan Core Plus Bond ETF accounts for approximately 1.4% of Founders Financial Securities LLC’s portfolio, making the stock its 13th biggest position.

Other large investors also recently bought and sold shares of the company. HB Wealth Management LLC boosted its position in JPMorgan Core Plus Bond ETF by 16.5% in the 1st quarter. HB Wealth Management LLC now owns 14,422,179 shares of the company’s stock worth $676,223,000 after purchasing an additional 2,042,169 shares in the last quarter. Annex Advisory Services LLC purchased a new stake in shares of JPMorgan Core Plus Bond ETF in the third quarter valued at approximately $224,263,000. Legacy Wealth Management LLC increased its holdings in JPMorgan Core Plus Bond ETF by 4.9% in the 2nd quarter. Legacy Wealth Management LLC now owns 4,057,660 shares of the company’s stock worth $190,467,000 after acquiring an additional 190,026 shares in the last quarter. Valeo Financial Advisors LLC acquired a new position in shares of JPMorgan Core Plus Bond ETF during the 3rd quarter worth about $140,086,000. Finally, Summit Financial Strategies Inc. acquired a new position in shares of JPMorgan Core Plus Bond ETF during the third quarter valued at approximately $135,774,000.

JPMorgan Core Plus Bond ETF Stock Performance

Shares of JCPB stock opened at $45.47 on Friday. The stock’s fifty day moving average is $45.39 and its two-hundred day moving average is $46.58. The firm has a market capitalization of $16.33 billion, a P/E ratio of 60.35 and a beta of 0.26. JPMorgan Core Plus Bond ETF has a fifty-two week low of $44.40 and a fifty-two week high of $48.17.

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.