Bay Colony Advisory Group Inc d b a Bay Colony Advisors Buys New Stake in JPMorgan Core Plus Bond ETF $JCPB

Bay Colony Advisory Group Inc d b a Bay Colony Advisors bought a new stake in JPMorgan Core Plus Bond ETF (BATS:JCPB) in the 3rd quarter, HoldingsChannel.com reports. The institutional investor bought 85,941 shares of the company’s stock, valued at approximately $4,086,000.

Other hedge funds have also modified their holdings of the company. HB Wealth Management LLC raised its position in shares of JPMorgan Core Plus Bond ETF by 105.6% during the 2nd quarter. HB Wealth Management LLC now owns 7,766,678 shares of the company’s stock worth $365,500,000 after acquiring an additional 3,988,832 shares in the last quarter. Vestmark Advisory Solutions Inc. increased its stake in JPMorgan Core Plus Bond ETF by 121.3% in the second quarter. Vestmark Advisory Solutions Inc. now owns 3,264,660 shares of the company’s stock valued at $153,635,000 after purchasing an additional 1,789,454 shares during the last quarter. Savant Capital LLC increased its stake in JPMorgan Core Plus Bond ETF by 153.3% in the second quarter. Savant Capital LLC now owns 1,871,288 shares of the company’s stock valued at $88,063,000 after purchasing an additional 1,132,471 shares during the last quarter. Factory Mutual Insurance Co. raised its holdings in JPMorgan Core Plus Bond ETF by 49.5% during the second quarter. Factory Mutual Insurance Co. now owns 3,216,300 shares of the company’s stock worth $151,359,000 after purchasing an additional 1,065,000 shares in the last quarter. Finally, Alpine Bank Wealth Management acquired a new stake in JPMorgan Core Plus Bond ETF during the 2nd quarter worth $40,199,000.

JPMorgan Core Plus Bond ETF Trading Up 4.1%

Shares of JCPB opened at $47.49 on Friday. The company’s 50 day simple moving average is $47.51 and its 200-day simple moving average is $47.31. JPMorgan Core Plus Bond ETF has a 12-month low of $45.51 and a 12-month high of $48.54. The firm has a market cap of $6.98 billion, a PE ratio of 60.35 and a beta of 0.24.

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.