Nolet Wealth Management LLC Buys Shares of 23,742 JPMorgan Core Plus Bond ETF $JCPB

Nolet Wealth Management LLC bought a new position in shares of JPMorgan Core Plus Bond ETF (BATS:JCPB) in the fourth quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The fund bought 23,742 shares of the company’s stock, valued at approximately $1,124,000. JPMorgan Core Plus Bond ETF comprises 0.6% of Nolet Wealth Management LLC’s portfolio, making the stock its 26th largest holding.

Other hedge funds and other institutional investors also recently added to or reduced their stakes in the company. HB Wealth Management LLC grew its position in shares of JPMorgan Core Plus Bond ETF by 18.7% in the fourth quarter. HB Wealth Management LLC now owns 12,380,010 shares of the company’s stock valued at $586,193,000 after purchasing an additional 1,954,190 shares during the last quarter. Bank of America Corp DE raised its position in shares of JPMorgan Core Plus Bond ETF by 4.4% during the 3rd quarter. Bank of America Corp DE now owns 8,414,956 shares of the company’s stock worth $400,131,000 after purchasing an additional 355,956 shares during the last quarter. Morgan Stanley raised its position in shares of JPMorgan Core Plus Bond ETF by 51.3% during the 4th quarter. Morgan Stanley now owns 6,423,061 shares of the company’s stock worth $304,132,000 after purchasing an additional 2,177,142 shares during the last quarter. Factory Mutual Insurance Co. lifted its stake in JPMorgan Core Plus Bond ETF by 81.8% in the 3rd quarter. Factory Mutual Insurance Co. now owns 5,846,314 shares of the company’s stock valued at $277,992,000 after buying an additional 2,630,014 shares in the last quarter. Finally, Raymond James Financial Inc. lifted its stake in JPMorgan Core Plus Bond ETF by 21.9% in the 4th quarter. Raymond James Financial Inc. now owns 4,767,284 shares of the company’s stock valued at $225,731,000 after buying an additional 855,996 shares in the last quarter.

JPMorgan Core Plus Bond ETF Stock Performance

Shares of BATS:JCPB opened at $46.87 on Friday. The business’s fifty day moving average price is $46.88 and its two-hundred day moving average price is $47.25. The stock has a market cap of $6.89 billion, a PE ratio of 60.35 and a beta of 0.24. 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 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.