Dynasty Wealth Management LLC Takes Position in JPMorgan Core Plus Bond ETF $JCPB

Dynasty Wealth Management LLC acquired a new stake in JPMorgan Core Plus Bond ETF (BATS:JCPB) in the 4th quarter, Holdings Channel.com reports. The institutional investor acquired 3,724,827 shares of the company’s stock, valued at approximately $176,371,000. JPMorgan Core Plus Bond ETF comprises approximately 1.7% of Dynasty Wealth Management LLC’s holdings, making the stock its 18th largest holding.

A number of other hedge funds also recently added to or reduced their stakes in JCPB. Natixis Advisors LLC raised its holdings in shares of JPMorgan Core Plus Bond ETF by 8.4% in the 4th quarter. Natixis Advisors LLC now owns 28,665 shares of the company’s stock valued at $1,357,000 after purchasing an additional 2,210 shares in the last quarter. Beto Financial Group LLC bought a new position in shares of JPMorgan Core Plus Bond ETF during the fourth quarter valued at approximately $7,406,000. Root Financial Partners LLC boosted its stake in shares of JPMorgan Core Plus Bond ETF by 486.3% during the fourth quarter. Root Financial Partners LLC now owns 727 shares of the company’s stock valued at $34,000 after purchasing an additional 603 shares in the last quarter. Cogent Private Wealth Inc. purchased a new position in JPMorgan Core Plus Bond ETF during the fourth quarter valued at approximately $217,000. Finally, Twin Peaks Wealth Advisors LLC increased its holdings in JPMorgan Core Plus Bond ETF by 59.1% during the fourth quarter. Twin Peaks Wealth Advisors LLC now owns 19,616 shares of the company’s stock valued at $932,000 after buying an additional 7,287 shares during the period.

JPMorgan Core Plus Bond ETF Stock Down 0.0%

Shares of BATS:JCPB opened at $46.76 on Wednesday. The firm has a 50 day moving average of $46.93 and a 200 day moving average of $47.33. The company has a market capitalization of $6.87 billion, a price-to-earnings ratio of 60.35 and a beta of 0.24. JPMorgan Core Plus Bond ETF has a 52 week low of $46.10 and a 52 week high of $48.17.

JPMorgan Core Plus Bond ETF 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.