WealthPLAN Partners LLC Makes New $8.06 Million Investment in JPMorgan Core Plus Bond ETF $JCPB

WealthPLAN Partners LLC purchased a new position in shares of JPMorgan Core Plus Bond ETF (NYSEARCA:JCPB) in the 3rd quarter, HoldingsChannel.com reports. The firm purchased 179,897 shares of the company’s stock, valued at approximately $8,056,000. JPMorgan Core Plus Bond ETF makes up 1.5% of WealthPLAN Partners LLC’s holdings, making the stock its 14th largest position.

A number of other institutional investors have also modified their holdings of JCPB. HB Wealth Management LLC grew its stake in shares of JPMorgan Core Plus Bond ETF by 16.5% in the first quarter. HB Wealth Management LLC now owns 14,422,179 shares of the company’s stock valued at $676,223,000 after buying an additional 2,042,169 shares in the last quarter. Legacy Wealth Management LLC raised its holdings in shares of 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 valued at $190,467,000 after buying an additional 190,026 shares during the period. Janney Montgomery Scott LLC lifted its stake in JPMorgan Core Plus Bond ETF by 27.5% during the 1st quarter. Janney Montgomery Scott LLC now owns 3,568,823 shares of the company’s stock worth $168,020,000 after acquiring an additional 769,266 shares in the last quarter. Valeo Financial Advisors LLC acquired a new position in JPMorgan Core Plus Bond ETF during the 3rd quarter worth about $140,086,000. Finally, Summit Financial Strategies Inc. acquired a new position in JPMorgan Core Plus Bond ETF during the 3rd quarter worth about $135,774,000.

JPMorgan Core Plus Bond ETF Trading Up 0.6%

JPMorgan Core Plus Bond ETF stock traded up $0.27 during midday trading on Thursday, reaching $45.12. 2,033,936 shares of the stock traded hands, compared to its average volume of 2,061,230. The company has a 50-day simple moving average of $45.60 and a two-hundred day simple moving average of $46.35. JPMorgan Core Plus Bond ETF has a 12-month low of $44.40 and a 12-month high of $48.17. The firm has a market cap of $16.12 billion, a PE ratio of 60.35 and a beta of 0.26.

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.