JPMorgan Core Plus Bond ETF $JCPB is Contango Wealth Management LLC’s 2nd Largest Position

Contango Wealth Management LLC trimmed its position in JPMorgan Core Plus Bond ETF (BATS:JCPB) by 20.1% during the first quarter, HoldingsChannel reports. The institutional investor owned 221,710 shares of the company’s stock after selling 55,705 shares during the period. JPMorgan Core Plus Bond ETF comprises approximately 12.2% of Contango Wealth Management LLC’s holdings, making the stock its 2nd biggest holding. Contango Wealth Management LLC’s holdings in JPMorgan Core Plus Bond ETF were worth $10,438,000 at the end of the most recent quarter.

Other large investors also recently modified their holdings of the company. OpenArc Corporate Advisory LLC bought a new stake in JPMorgan Core Plus Bond ETF during the 4th quarter worth approximately $200,929,000. Dynasty Wealth Management LLC purchased a new stake in JPMorgan Core Plus Bond ETF in the 4th quarter worth approximately $176,371,000. Morgan Stanley boosted its holdings in JPMorgan Core Plus Bond ETF by 51.3% in the 4th quarter. Morgan Stanley now owns 6,423,061 shares of the company’s stock valued at $304,132,000 after purchasing an additional 2,177,142 shares during the period. HB Wealth Management LLC boosted its holdings in JPMorgan Core Plus Bond ETF by 16.5% in the 1st quarter. HB Wealth Management LLC now owns 14,422,179 shares of the company’s stock valued at $676,223,000 after purchasing an additional 2,042,169 shares during the period. Finally, Confluence Wealth Services Inc. bought a new position in JPMorgan Core Plus Bond ETF in the 4th quarter valued at $68,173,000.

JPMorgan Core Plus Bond ETF Price Performance

BATS:JCPB opened at $46.18 on Monday. The business’s 50-day moving average price is $46.65 and its two-hundred day moving average price is $47.05. JPMorgan Core Plus Bond ETF has a twelve month low of $46.10 and a twelve month high of $48.17. The stock has a market cap of $6.78 billion, a P/E ratio of 60.35 and a beta of 0.24.

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.