Thrivent Financial for Lutherans Makes New $9.46 Million Investment in JPMorgan Core Plus Bond ETF $JCPB

Thrivent Financial for Lutherans bought a new position in JPMorgan Core Plus Bond ETF (BATS:JCPB) in the 4th quarter, Holdings Channel.com reports. The institutional investor bought 199,752 shares of the company’s stock, valued at approximately $9,458,000.

Several other hedge funds and other institutional investors have also recently bought and sold shares of the company. HB Wealth Management LLC grew its stake in JPMorgan Core Plus Bond ETF by 18.7% in the 4th quarter. HB Wealth Management LLC now owns 12,380,010 shares of the company’s stock worth $586,193,000 after acquiring an additional 1,954,190 shares during the period. Bank of America Corp DE grew its stake in JPMorgan Core Plus Bond ETF by 4.4% in the 3rd quarter. Bank of America Corp DE now owns 8,414,956 shares of the company’s stock worth $400,131,000 after acquiring an additional 355,956 shares during the period. Factory Mutual Insurance Co. boosted its holdings in shares of JPMorgan Core Plus Bond ETF by 81.8% in the 3rd quarter. Factory Mutual Insurance Co. now owns 5,846,314 shares of the company’s stock valued at $277,992,000 after purchasing an additional 2,630,014 shares during the last quarter. JPMorgan Chase & Co. boosted its holdings in shares of JPMorgan Core Plus Bond ETF by 2.3% in the 3rd quarter. JPMorgan Chase & Co. now owns 3,987,312 shares of the company’s stock valued at $189,597,000 after purchasing an additional 91,136 shares during the last quarter. Finally, Raymond James Financial Inc. boosted its holdings in shares of JPMorgan Core Plus Bond ETF by 3.7% in the 3rd quarter. Raymond James Financial Inc. now owns 3,911,288 shares of the company’s stock valued at $185,982,000 after purchasing an additional 139,446 shares during the last quarter.

JPMorgan Core Plus Bond ETF Stock Down 0.3%

Shares of JCPB opened at $46.28 on Wednesday. The firm has a market cap of $6.80 billion, a PE ratio of 60.35 and a beta of 0.24. The company’s fifty day moving average is $47.02 and its two-hundred day moving average is $47.38. JPMorgan Core Plus Bond ETF has a fifty-two week low of $45.85 and a fifty-two week high of $48.17.

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.