HB Wealth Management LLC Has $676.22 Million Position in JPMorgan Core Plus Bond ETF $JCPB

HB Wealth Management LLC raised its holdings in shares of JPMorgan Core Plus Bond ETF (BATS:JCPB) by 16.5% in the first quarter, Holdings Channel reports. The institutional investor owned 14,422,179 shares of the company’s stock after acquiring an additional 2,042,169 shares during the period. JPMorgan Core Plus Bond ETF comprises about 4.4% of HB Wealth Management LLC’s portfolio, making the stock its 3rd biggest holding. HB Wealth Management LLC owned approximately 0.10% of JPMorgan Core Plus Bond ETF worth $676,223,000 at the end of the most recent quarter.

Other institutional investors have also added to or reduced their stakes in the company. Sierra Ocean LLC boosted its stake in shares of JPMorgan Core Plus Bond ETF by 3.4% during the 1st quarter. Sierra Ocean LLC now owns 248,277 shares of the company’s stock worth $11,689,000 after acquiring an additional 8,150 shares during the last quarter. Lodestar Private Asset Management LLC grew its position in shares of JPMorgan Core Plus Bond ETF by 2.2% during the 1st quarter. Lodestar Private Asset Management LLC now owns 153,367 shares of the company’s stock valued at $7,221,000 after acquiring an additional 3,257 shares during the period. Trademark Financial Management LLC increased its stake in shares of JPMorgan Core Plus Bond ETF by 20.2% in the 1st quarter. Trademark Financial Management LLC now owns 229,244 shares of the company’s stock worth $10,793,000 after purchasing an additional 38,583 shares in the last quarter. Patten Group Inc. increased its stake in shares of JPMorgan Core Plus Bond ETF by 7.2% in the 1st quarter. Patten Group Inc. now owns 87,025 shares of the company’s stock worth $4,097,000 after purchasing an additional 5,848 shares in the last quarter. Finally, Axis Wealth Partners LLC increased its stake in shares of JPMorgan Core Plus Bond ETF by 16.8% in the 1st quarter. Axis Wealth Partners LLC now owns 17,188 shares of the company’s stock worth $809,000 after purchasing an additional 2,471 shares in the last quarter.

JPMorgan Core Plus Bond ETF Stock Performance

Shares of JPMorgan Core Plus Bond ETF stock opened at $46.74 on Friday. The stock has a market cap of $6.87 billion, a P/E ratio of 60.35 and a beta of 0.24. The stock’s fifty day moving average is $46.81 and its 200 day moving average is $47.21. JPMorgan Core Plus Bond ETF has a one year low of $46.21 and a one year 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.