WealthPlan Investment Management LLC Purchases New Holdings in JPMorgan Core Plus Bond ETF $JCPB

WealthPlan Investment Management LLC purchased a new position in shares of JPMorgan Core Plus Bond ETF (NYSEARCA:JCPB) during the third quarter, Holdings Channel.com reports. The firm purchased 707,554 shares of the company’s stock, valued at approximately $31,684,000. JPMorgan Core Plus Bond ETF makes up approximately 1.5% of WealthPlan Investment Management LLC’s investment portfolio, making the stock its 13th biggest position.

A number of other institutional investors and hedge funds have also recently modified their holdings of the business. HB Wealth Management LLC increased its position in JPMorgan Core Plus Bond ETF by 16.5% in the 1st quarter. HB Wealth Management LLC now owns 14,422,179 shares of the company’s stock valued at $676,223,000 after buying an additional 2,042,169 shares in the last quarter. Legacy Wealth Management LLC raised its stake in JPMorgan Core Plus Bond ETF by 4.9% during the 2nd quarter. Legacy Wealth Management LLC now owns 4,057,660 shares of the company’s stock worth $190,467,000 after buying an additional 190,026 shares during the period. Janney Montgomery Scott LLC boosted its holdings in JPMorgan Core Plus Bond ETF by 27.5% in the first quarter. Janney Montgomery Scott LLC now owns 3,568,823 shares of the company’s stock worth $168,020,000 after acquiring an additional 769,266 shares in the last quarter. Valeo Financial Advisors LLC bought a new position in JPMorgan Core Plus Bond ETF in the third quarter worth approximately $140,086,000. Finally, Summit Financial Strategies Inc. bought a new position in JPMorgan Core Plus Bond ETF in the third quarter worth approximately $135,774,000.

JPMorgan Core Plus Bond ETF Stock Performance

JPMorgan Core Plus Bond ETF stock traded up $0.27 during mid-day trading on Thursday, reaching $45.12. The stock had a trading volume of 1,834,799 shares, compared to its average volume of 2,059,803. JPMorgan Core Plus Bond ETF has a fifty-two week low of $44.40 and a fifty-two week high of $48.17. The stock’s 50-day simple moving average is $45.60 and its 200-day simple moving average is $46.35. The firm has a market capitalization of $16.12 billion, a PE ratio of 60.35 and a beta of 0.26.

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.