HB Wealth Management LLC Acquires 2,659,142 Shares of JPMorgan Core Plus Bond ETF $JCPB

HB Wealth Management LLC grew its holdings in JPMorgan Core Plus Bond ETF (BATS:JCPB) by 34.2% during the 3rd quarter, according to the company in its most recent filing with the SEC. The fund owned 10,425,820 shares of the company’s stock after purchasing an additional 2,659,142 shares during the period. JPMorgan Core Plus Bond ETF makes up about 3.4% of HB Wealth Management LLC’s portfolio, making the stock its 5th biggest position. HB Wealth Management LLC owned about 7.10% of JPMorgan Core Plus Bond ETF worth $495,748,000 at the end of the most recent quarter.

Other institutional investors and hedge funds have also modified their holdings of the company. TruWealth Advisors LLC lifted its holdings in shares of JPMorgan Core Plus Bond ETF by 1.2% during the second quarter. TruWealth Advisors LLC now owns 96,712 shares of the company’s stock worth $4,551,000 after purchasing an additional 1,186 shares during the period. Apella Capital LLC increased its holdings in JPMorgan Core Plus Bond ETF by 996.2% in the third quarter. Apella Capital LLC now owns 232,771 shares of the company’s stock valued at $11,143,000 after purchasing an additional 211,536 shares during the period. Alpine Bank Wealth Management raised its position in JPMorgan Core Plus Bond ETF by 84.3% during the 3rd quarter. Alpine Bank Wealth Management now owns 1,574,742 shares of the company’s stock worth $74,879,000 after purchasing an additional 720,527 shares during the last quarter. 5T Wealth LLC lifted its holdings in JPMorgan Core Plus Bond ETF by 26.8% during the 3rd quarter. 5T Wealth LLC now owns 158,439 shares of the company’s stock worth $7,534,000 after buying an additional 33,509 shares during the period. Finally, Apollon Wealth Management LLC lifted its holdings in JPMorgan Core Plus Bond ETF by 203.4% during the 3rd quarter. Apollon Wealth Management LLC now owns 148,719 shares of the company’s stock worth $7,072,000 after buying an additional 99,702 shares during the period.

JPMorgan Core Plus Bond ETF Trading Up 4.1%

Shares of JCPB stock opened at $47.47 on Thursday. JPMorgan Core Plus Bond ETF has a 1-year low of $45.51 and a 1-year high of $48.54. The stock has a market cap of $6.97 billion, a price-to-earnings ratio of 60.35 and a beta of 0.24. The stock has a 50-day moving average of $47.52 and a 200-day moving average of $47.31.

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.