Avidian Wealth Enterprises LLC Grows Holdings in JPMorgan Core Plus Bond ETF $JCPB

Avidian Wealth Enterprises LLC grew its holdings in shares of JPMorgan Core Plus Bond ETF (BATS:JCPB) by 6.3% in the 2nd quarter, HoldingsChannel.com reports. The institutional investor owned 612,874 shares of the company’s stock after acquiring an additional 36,437 shares during the period. JPMorgan Core Plus Bond ETF accounts for 1.2% of Avidian Wealth Enterprises LLC’s portfolio, making the stock its 20th biggest position. Avidian Wealth Enterprises LLC’s holdings in JPMorgan Core Plus Bond ETF were worth $28,842,000 as of its most recent filing with the Securities and Exchange Commission.

Several other institutional investors and hedge funds also recently made changes to their positions in JCPB. Silver Oak Securities Incorporated lifted its stake in JPMorgan Core Plus Bond ETF by 2.4% during the second quarter. Silver Oak Securities Incorporated now owns 9,471 shares of the company’s stock worth $446,000 after purchasing an additional 221 shares during the last quarter. Silverlake Wealth Management LLC lifted its stake in JPMorgan Core Plus Bond ETF by 5.2% during the first 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 last quarter. Independent Wealth Network Inc. lifted its stake 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 worth $724,000 after purchasing an additional 318 shares during the last quarter. Benjamin Edwards Inc. lifted its stake 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 worth $2,380,000 after purchasing an additional 366 shares during the last quarter. Finally, Comerica Bank lifted its stake in JPMorgan Core Plus Bond ETF by 9.4% during the first quarter. Comerica Bank now owns 4,791 shares of the company’s stock worth $225,000 after purchasing an additional 412 shares during the last quarter.

JPMorgan Core Plus Bond ETF Price Performance

Shares of JCPB opened at $47.90 on Tuesday. The business’s fifty day moving average price is $47.40 and its 200 day moving average price is $46.82. JPMorgan Core Plus Bond ETF has a 12-month low of $45.51 and a 12-month high of $48.54. The stock has a market capitalization of $7.04 billion, a PE ratio of 60.35 and a beta of 0.24.

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.