Heritage Wealth Management Inc. Makes New $6.29 Million Investment in JPMorgan Core Plus Bond ETF $JCPB

Heritage Wealth Management Inc. bought a new stake in JPMorgan Core Plus Bond ETF (NYSEARCA:JCPB) in the 3rd quarter, HoldingsChannel reports. The firm bought 140,471 shares of the company’s stock, valued at approximately $6,290,000. JPMorgan Core Plus Bond ETF makes up approximately 1.6% of Heritage Wealth Management Inc.’s holdings, making the stock its 10th largest position.

Other large investors also recently added to or reduced their stakes in the company. Nolet Wealth Management LLC raised its holdings in shares of JPMorgan Core Plus Bond ETF by 1.8% during the 2nd quarter. Nolet Wealth Management LLC now owns 28,444 shares of the company’s stock worth $1,335,000 after acquiring an additional 501 shares during the period. First Citizens Financial Corp raised its stake in JPMorgan Core Plus Bond ETF by 2.9% during the second quarter. First Citizens Financial Corp now owns 21,561 shares of the company’s stock worth $1,012,000 after purchasing an additional 600 shares during the period. RDA Financial Network boosted its holdings in JPMorgan Core Plus Bond ETF by 7.1% in the 2nd quarter. RDA Financial Network now owns 10,061 shares of the company’s stock valued at $472,000 after purchasing an additional 669 shares during the last quarter. Sterling Investment Advisors Ltd. boosted its holdings in JPMorgan Core Plus Bond ETF by 2.5% in the 1st quarter. Sterling Investment Advisors Ltd. now owns 27,695 shares of the company’s stock valued at $1,304,000 after purchasing an additional 675 shares during the last quarter. Finally, Waverly Advisors LLC boosted its holdings in JPMorgan Core Plus Bond ETF by 17.1% in the 1st quarter. Waverly Advisors LLC now owns 5,151 shares of the company’s stock valued at $242,000 after purchasing an additional 754 shares during the last quarter.

JPMorgan Core Plus Bond ETF Price Performance

JPMorgan Core Plus Bond ETF stock opened at $45.60 on Friday. The firm has a 50 day simple moving average of $45.38 and a 200-day simple moving average of $46.57. JPMorgan Core Plus Bond ETF has a 1-year low of $44.40 and a 1-year high of $48.17. The stock has a market cap of $17.51 billion, a price-to-earnings ratio of 60.35 and a beta of 0.26.

About JPMorgan Core Plus Bond ETF

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.