Smithbridge Asset Management Inc. DE Has $22.07 Million Stock Position in JPMorgan Core Plus Bond ETF $JCPB

Smithbridge Asset Management Inc. DE raised its stake in JPMorgan Core Plus Bond ETF (BATS:JCPB) by 117.3% during the fourth quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 466,152 shares of the company’s stock after buying an additional 251,598 shares during the period. JPMorgan Core Plus Bond ETF accounts for 1.9% of Smithbridge Asset Management Inc. DE’s holdings, making the stock its 15th largest holding. Smithbridge Asset Management Inc. DE’s holdings in JPMorgan Core Plus Bond ETF were worth $22,072,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

A number of other hedge funds have also recently added to or reduced their stakes in JCPB. Dynasty Wealth Management LLC acquired a new stake in JPMorgan Core Plus Bond ETF in the fourth quarter valued at approximately $176,371,000. Factory Mutual Insurance Co. boosted its position in JPMorgan Core Plus Bond ETF by 81.8% in the third quarter. Factory Mutual Insurance Co. now owns 5,846,314 shares of the company’s stock valued at $277,992,000 after buying an additional 2,630,014 shares in the last quarter. HB Wealth Management LLC boosted its position in JPMorgan Core Plus Bond ETF by 18.7% in the fourth quarter. HB Wealth Management LLC now owns 12,380,010 shares of the company’s stock valued at $586,193,000 after buying an additional 1,954,190 shares in the last quarter. Wealth Enhancement Advisory Services LLC boosted its position in JPMorgan Core Plus Bond ETF by 618.7% in the fourth quarter. Wealth Enhancement Advisory Services LLC now owns 2,137,936 shares of the company’s stock valued at $101,381,000 after buying an additional 1,840,452 shares in the last quarter. Finally, Confluence Wealth Services Inc. acquired a new stake in JPMorgan Core Plus Bond ETF in the fourth quarter valued at approximately $68,173,000.

JPMorgan Core Plus Bond ETF Stock Performance

Shares of BATS:JCPB opened at $46.55 on Thursday. The firm has a market cap of $6.84 billion, a PE ratio of 60.35 and a beta of 0.24. The firm’s fifty day moving average is $46.90 and its 200-day moving average is $47.29. JPMorgan Core Plus Bond ETF has a 52 week low of $46.21 and a 52 week high of $48.17.

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.