Fagan Associates Inc. bought a new position in JPMorgan Core Plus Bond ETF (NYSEARCA:JCPB – Free Report) in the 3rd quarter, according to its most recent Form 13F filing with the SEC. The institutional investor bought 511,908 shares of the company’s stock, valued at approximately $22,923,000. JPMorgan Core Plus Bond ETF makes up about 2.6% of Fagan Associates Inc.’s portfolio, making the stock its 9th biggest holding.
Other institutional investors have also 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 16.5% during the first quarter. HB Wealth Management LLC now owns 14,422,179 shares of the company’s stock valued at $676,223,000 after purchasing an additional 2,042,169 shares in the last quarter. Legacy Wealth Management LLC increased its holdings in shares of JPMorgan Core Plus Bond ETF by 4.9% in the second quarter. Legacy Wealth Management LLC now owns 4,057,660 shares of the company’s stock worth $190,467,000 after purchasing an additional 190,026 shares during the last quarter. Mariner LLC increased its holdings in shares of JPMorgan Core Plus Bond ETF by 23.6% in the fourth quarter. Mariner LLC now owns 3,632,956 shares of the company’s stock worth $172,020,000 after purchasing an additional 694,145 shares during the last quarter. Janney Montgomery Scott LLC lifted its position in shares of 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 buying an additional 769,266 shares in the last quarter. Finally, Valeo Financial Advisors LLC purchased a new stake in shares of JPMorgan Core Plus Bond ETF in the third quarter worth about $140,086,000.
JPMorgan Core Plus Bond ETF Stock Up 0.1%
JPMorgan Core Plus Bond ETF stock traded up $0.03 during midday trading on Tuesday, reaching $44.81. 2,822,729 shares of the stock traded hands, compared to its average volume of 2,058,853. The stock’s fifty day moving average is $45.66 and its 200-day moving average is $46.38. JPMorgan Core Plus Bond ETF has a 12 month low of $44.40 and a 12 month high of $48.17. The stock has a market cap of $15.62 billion, a P/E 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.
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