JPMorgan Core Plus Bond ETF $JCPB Stock Position Raised by HB Wealth Management LLC

HB Wealth Management LLC boosted its stake in JPMorgan Core Plus Bond ETF (BATS:JCPB) by 16.5% in the first quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The firm owned 14,422,179 shares of the company’s stock after purchasing an additional 2,042,169 shares during the period. JPMorgan Core Plus Bond ETF makes up approximately 4.4% of HB Wealth Management LLC’s holdings, making the stock its 3rd largest position. HB Wealth Management LLC owned about 9.82% of JPMorgan Core Plus Bond ETF worth $676,223,000 at the end of the most recent reporting period.

A number of other hedge funds have also added to or reduced their stakes in JCPB. Sierra Ocean LLC lifted its holdings in shares of JPMorgan Core Plus Bond ETF by 3.4% during the 1st quarter. Sierra Ocean LLC now owns 248,277 shares of the company’s stock valued at $11,689,000 after buying an additional 8,150 shares during the period. Lodestar Private Asset Management LLC grew its holdings in shares of JPMorgan Core Plus Bond ETF by 2.2% in the first quarter. Lodestar Private Asset Management LLC now owns 153,367 shares of the company’s stock worth $7,221,000 after acquiring an additional 3,257 shares during the period. Trademark Financial Management LLC grew its holdings in shares of JPMorgan Core Plus Bond ETF by 20.2% in the first quarter. Trademark Financial Management LLC now owns 229,244 shares of the company’s stock worth $10,793,000 after acquiring an additional 38,583 shares during the period. Patten Group Inc. increased its position in JPMorgan Core Plus Bond ETF by 7.2% during the first quarter. Patten Group Inc. now owns 87,025 shares of the company’s stock valued at $4,097,000 after acquiring an additional 5,848 shares during the last quarter. Finally, Axis Wealth Partners LLC increased its position in JPMorgan Core Plus Bond ETF by 16.8% during the first quarter. Axis Wealth Partners LLC now owns 17,188 shares of the company’s stock valued at $809,000 after acquiring an additional 2,471 shares during the last quarter.

JPMorgan Core Plus Bond ETF Stock Performance

JCPB stock opened at $46.74 on Friday. The company has a market cap of $6.87 billion, a price-to-earnings ratio of 60.35 and a beta of 0.24. The business’s 50-day moving average is $46.81 and its two-hundred day moving average is $47.21. JPMorgan Core Plus Bond ETF has a fifty-two week low of $46.21 and a fifty-two week high of $48.17.

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.