Avantax Planning Partners Inc. Buys 47,635 Shares of JPMorgan Core Plus Bond ETF $JCPB

Avantax Planning Partners Inc. lifted its stake in JPMorgan Core Plus Bond ETF (BATS:JCPB) by 2.9% in the first quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission (SEC). The institutional investor owned 1,674,613 shares of the company’s stock after purchasing an additional 47,635 shares during the period. JPMorgan Core Plus Bond ETF accounts for 2.2% of Avantax Planning Partners Inc.’s portfolio, making the stock its 12th largest position. Avantax Planning Partners Inc. owned 1.14% of JPMorgan Core Plus Bond ETF worth $78,841,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

Several other institutional investors have also recently bought and sold shares of the stock. Kellett Wealth Advisors LLC acquired a new stake in JPMorgan Core Plus Bond ETF during the 1st quarter worth $7,196,000. Diversify Wealth Management LLC increased its holdings in shares of JPMorgan Core Plus Bond ETF by 324.7% in the first quarter. Diversify Wealth Management LLC now owns 36,710 shares of the company’s stock worth $1,724,000 after acquiring an additional 28,066 shares in the last quarter. Valmark Advisers Inc. bought a new stake in shares of JPMorgan Core Plus Bond ETF in the first quarter worth about $2,582,000. Fifth Third Bancorp raised its position in shares of JPMorgan Core Plus Bond ETF by 6,315.4% during the first quarter. Fifth Third Bancorp now owns 14,627 shares of the company’s stock worth $689,000 after purchasing an additional 14,399 shares during the period. Finally, Summit Financial Strategies Inc. raised its position in shares of JPMorgan Core Plus Bond ETF by 7.7% during the first quarter. Summit Financial Strategies Inc. now owns 2,639,364 shares of the company’s stock worth $124,261,000 after purchasing an additional 188,904 shares during the period.

JPMorgan Core Plus Bond ETF Price Performance

BATS:JCPB opened at $46.34 on Tuesday. The business’s 50-day simple moving average is $46.74 and its 200-day simple moving average is $47.17. JPMorgan Core Plus Bond ETF has a fifty-two week low of $46.21 and a fifty-two week high of $48.17. The stock has a market capitalization of $6.81 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.