MBL Wealth LLC Makes New $11.04 Million Investment in JPMorgan Core Plus Bond ETF $JCPB

MBL Wealth LLC acquired a new position in shares of JPMorgan Core Plus Bond ETF (NYSEARCA:JCPB) in the third quarter, Holdings Channel reports. The fund acquired 246,431 shares of the company’s stock, valued at approximately $11,035,000. JPMorgan Core Plus Bond ETF comprises 0.7% of MBL Wealth LLC’s investment portfolio, making the stock its 25th biggest position.

Other hedge funds and other institutional investors also recently made changes to their positions in the company. SHP Wealth Management acquired a new stake in shares of JPMorgan Core Plus Bond ETF during the 4th quarter valued at about $31,000. Torren Management LLC bought a new stake in JPMorgan Core Plus Bond ETF in the first quarter valued at about $37,000. Blueline Advisors LLC acquired a new position in JPMorgan Core Plus Bond ETF in the third quarter worth about $39,000. Portfolio Resources Advisor Group Inc. acquired a new position in JPMorgan Core Plus Bond ETF in the third quarter worth about $75,000. Finally, Western Wealth Management LLC acquired a new position in JPMorgan Core Plus Bond ETF in the first quarter worth about $76,000.

JPMorgan Core Plus Bond ETF Stock Up 0.8%

Shares of JCPB opened at $45.42 on Friday. The stock has a market cap of $16.29 billion, a price-to-earnings ratio of 60.35 and a beta of 0.26. JPMorgan Core Plus Bond ETF has a 12 month low of $44.40 and a 12 month high of $48.17. The company has a 50-day moving average price of $45.47 and a two-hundred day moving average price of $46.28.

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.