JPMorgan Core Plus Bond ETF $JCPB Shares Acquired by CGN Advisors LLC

CGN Advisors LLC raised its holdings in JPMorgan Core Plus Bond ETF (BATS:JCPB) by 5.6% during the third quarter, HoldingsChannel.com reports. The institutional investor owned 1,630,316 shares of the company’s stock after acquiring an additional 86,470 shares during the period. JPMorgan Core Plus Bond ETF accounts for 6.4% of CGN Advisors LLC’s portfolio, making the stock its largest position. CGN Advisors LLC’s holdings in JPMorgan Core Plus Bond ETF were worth $77,522,000 as of its most recent filing with the Securities & Exchange Commission.

Other institutional investors also recently added to or reduced their stakes in the company. HB Wealth Management LLC boosted its position in shares of JPMorgan Core Plus Bond ETF by 105.6% in the second quarter. HB Wealth Management LLC now owns 7,766,678 shares of the company’s stock valued at $365,500,000 after acquiring an additional 3,988,832 shares during the period. Vestmark Advisory Solutions Inc. raised its stake in JPMorgan Core Plus Bond ETF by 121.3% during the 2nd quarter. Vestmark Advisory Solutions Inc. now owns 3,264,660 shares of the company’s stock valued at $153,635,000 after purchasing an additional 1,789,454 shares during the last quarter. Savant Capital LLC boosted its holdings in JPMorgan Core Plus Bond ETF by 153.3% in the 2nd quarter. Savant Capital LLC now owns 1,871,288 shares of the company’s stock valued at $88,063,000 after purchasing an additional 1,132,471 shares during the period. Factory Mutual Insurance Co. grew its position in JPMorgan Core Plus Bond ETF by 49.5% in the 2nd quarter. Factory Mutual Insurance Co. now owns 3,216,300 shares of the company’s stock worth $151,359,000 after purchasing an additional 1,065,000 shares during the last quarter. Finally, Alpine Bank Wealth Management acquired a new stake in JPMorgan Core Plus Bond ETF in the 2nd quarter worth $40,199,000.

JPMorgan Core Plus Bond ETF Stock Performance

Shares of JCPB opened at $47.50 on Friday. The company has a 50-day simple moving average of $47.60 and a 200-day simple moving average of $47.19. JPMorgan Core Plus Bond ETF has a 52 week low of $45.51 and a 52 week high of $48.54. The firm has a market capitalization of $6.98 billion, a P/E ratio of 60.35 and a beta of 0.24.

JPMorgan Core Plus Bond ETF 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.