Cedarwood Wealth LLC Makes New Investment in JPMorgan Core Plus Bond ETF $JCPB

Cedarwood Wealth LLC acquired a new stake in shares of JPMorgan Core Plus Bond ETF (BATS:JCPB) in the 4th quarter, Holdings Channel.com reports. The fund acquired 11,300 shares of the company’s stock, valued at approximately $537,000.

Several other institutional investors and hedge funds have also added to or reduced their stakes in the company. Qube Research & Technologies Ltd purchased a new stake in shares of JPMorgan Core Plus Bond ETF in the 2nd quarter worth about $298,000. Betterment LLC lifted its position in JPMorgan Core Plus Bond ETF by 37.6% during the 2nd quarter. Betterment LLC now owns 84,519 shares of the company’s stock valued at $3,977,000 after acquiring an additional 23,086 shares during the period. Jane Street Group LLC lifted its position in JPMorgan Core Plus Bond ETF by 267.1% during the 2nd quarter. Jane Street Group LLC now owns 505,139 shares of the company’s stock valued at $23,772,000 after acquiring an additional 367,551 shares during the period. EP Wealth Advisors LLC boosted its stake in JPMorgan Core Plus Bond ETF by 836.1% during the second quarter. EP Wealth Advisors LLC now owns 43,156 shares of the company’s stock worth $2,031,000 after acquiring an additional 38,546 shares in the last quarter. Finally, MML Investors Services LLC boosted its stake in JPMorgan Core Plus Bond ETF by 73.0% during the second quarter. MML Investors Services LLC now owns 229,056 shares of the company’s stock worth $10,779,000 after acquiring an additional 96,657 shares in the last quarter.

JPMorgan Core Plus Bond ETF Stock Performance

Shares of JCPB opened at $46.87 on Friday. The stock has a market cap of $6.89 billion, a PE ratio of 60.35 and a beta of 0.24. JPMorgan Core Plus Bond ETF has a fifty-two week low of $46.21 and a fifty-two week high of $48.17. The firm’s 50-day simple moving average is $46.88 and its two-hundred day simple moving average is $47.25.

About JPMorgan Core Plus Bond ETF

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.