Moss Adams Wealth Advisors LLC Acquires 364,556 Shares of JPMorgan Core Plus Bond ETF $JCPB

Moss Adams Wealth Advisors LLC boosted its holdings in JPMorgan Core Plus Bond ETF (BATS:JCPB) by 17.9% during the third quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The firm owned 2,397,225 shares of the company’s stock after acquiring an additional 364,556 shares during the period. JPMorgan Core Plus Bond ETF accounts for 8.9% of Moss Adams Wealth Advisors LLC’s holdings, making the stock its 2nd biggest position. Moss Adams Wealth Advisors LLC’s holdings in JPMorgan Core Plus Bond ETF were worth $113,988,000 as of its most recent SEC filing.

A number of other hedge funds and other institutional investors have also recently added to or reduced their stakes in the stock. Saxony Capital Management LLC increased its holdings in shares of JPMorgan Core Plus Bond ETF by 8.6% in the third quarter. Saxony Capital Management LLC now owns 47,567 shares of the company’s stock valued at $2,262,000 after purchasing an additional 3,779 shares during the last quarter. MN Wealth Advisors LLC boosted its holdings in shares of JPMorgan Core Plus Bond ETF by 2.3% during the 3rd quarter. MN Wealth Advisors LLC now owns 103,046 shares of the company’s stock worth $4,900,000 after buying an additional 2,278 shares during the period. PDS Planning Inc acquired a new position in JPMorgan Core Plus Bond ETF in the 3rd quarter valued at about $1,795,000. Grey Ledge Advisors LLC raised its holdings in JPMorgan Core Plus Bond ETF by 3.9% in the 3rd quarter. Grey Ledge Advisors LLC now owns 77,952 shares of the company’s stock valued at $3,707,000 after acquiring an additional 2,912 shares during the period. Finally, Summit Wealth Partners LLC raised its holdings in JPMorgan Core Plus Bond ETF by 4.6% in the 3rd quarter. Summit Wealth Partners LLC now owns 80,556 shares of the company’s stock valued at $3,830,000 after acquiring an additional 3,578 shares during the period.

JPMorgan Core Plus Bond ETF Stock Up 3.8%

Shares of BATS:JCPB opened at $47.33 on Friday. JPMorgan Core Plus Bond ETF has a 12-month low of $45.51 and a 12-month high of $48.54. The stock has a market cap of $6.95 billion, a PE ratio of 60.35 and a beta of 0.24. The business has a 50 day moving average of $47.55 and a 200-day moving average of $47.29.

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.