Belpointe Asset Management LLC Acquires 1,315 Shares of JPMorgan Core Plus Bond ETF $JCPB

Belpointe Asset Management LLC boosted its holdings in shares of JPMorgan Core Plus Bond ETF (BATS:JCPB) by 3.5% in the 2nd quarter, HoldingsChannel.com reports. The institutional investor owned 38,670 shares of the company’s stock after buying an additional 1,315 shares during the quarter. Belpointe Asset Management LLC’s holdings in JPMorgan Core Plus Bond ETF were worth $1,820,000 as of its most recent filing with the Securities and Exchange Commission.

A number of other hedge funds and other institutional investors have also added to or reduced their stakes in the business. Silver Oak Securities Incorporated boosted its stake in shares of JPMorgan Core Plus Bond ETF by 2.4% during the 2nd quarter. Silver Oak Securities Incorporated now owns 9,471 shares of the company’s stock worth $446,000 after acquiring an additional 221 shares during the last quarter. Silverlake Wealth Management LLC raised its holdings in JPMorgan Core Plus Bond ETF by 5.2% in the 1st quarter. Silverlake Wealth Management LLC now owns 6,178 shares of the company’s stock worth $291,000 after purchasing an additional 308 shares during the period. Independent Wealth Network Inc. lifted its position in JPMorgan Core Plus Bond ETF by 2.1% during the second quarter. Independent Wealth Network Inc. now owns 15,395 shares of the company’s stock valued at $724,000 after purchasing an additional 318 shares in the last quarter. Benjamin Edwards Inc. grew its holdings in JPMorgan Core Plus Bond ETF by 0.7% during the first quarter. Benjamin Edwards Inc. now owns 50,598 shares of the company’s stock valued at $2,380,000 after purchasing an additional 366 shares during the period. Finally, Comerica Bank increased its position in JPMorgan Core Plus Bond ETF by 9.4% in the first quarter. Comerica Bank now owns 4,791 shares of the company’s stock worth $225,000 after buying an additional 412 shares in the last quarter.

JPMorgan Core Plus Bond ETF Stock Up 3.8%

BATS JCPB opened at $47.36 on Tuesday. The stock’s 50-day moving average price is $47.26 and its 200-day moving average price is $46.77. The company has a market capitalization of $6.96 billion, a P/E ratio of 60.35 and a beta of 0.24. JPMorgan Core Plus Bond ETF has a 52 week low of $45.51 and a 52 week high of $48.54.

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.