Chapin Davis Inc. Acquires New Stake in JPMorgan Core Plus Bond ETF $JCPB

Chapin Davis Inc. bought a new stake in shares of JPMorgan Core Plus Bond ETF (NYSEARCA:JCPB) during the 3rd quarter, according to its most recent Form 13F filing with the SEC. The fund bought 13,323 shares of the company’s stock, valued at approximately $597,000.

A number of other hedge funds also recently modified their holdings of JCPB. HB Wealth Management LLC boosted its position in shares of JPMorgan Core Plus Bond ETF by 16.5% in the first quarter. HB Wealth Management LLC now owns 14,422,179 shares of the company’s stock worth $676,223,000 after buying an additional 2,042,169 shares during the period. Legacy Wealth Management LLC raised its position in JPMorgan Core Plus Bond ETF by 4.9% during the second quarter. Legacy Wealth Management LLC now owns 4,057,660 shares of the company’s stock valued at $190,467,000 after buying an additional 190,026 shares during the period. Mariner LLC lifted its stake in JPMorgan Core Plus Bond ETF by 23.6% in the 4th quarter. Mariner LLC now owns 3,632,956 shares of the company’s stock worth $172,020,000 after acquiring an additional 694,145 shares in the last quarter. Janney Montgomery Scott LLC lifted its stake in JPMorgan Core Plus Bond ETF by 27.5% in the 1st quarter. Janney Montgomery Scott LLC now owns 3,568,823 shares of the company’s stock worth $168,020,000 after acquiring an additional 769,266 shares in the last quarter. Finally, Valeo Financial Advisors LLC acquired a new stake in JPMorgan Core Plus Bond ETF during the 3rd quarter worth about $140,086,000.

JPMorgan Core Plus Bond ETF Price Performance

NYSEARCA:JCPB opened at $44.77 on Friday. JPMorgan Core Plus Bond ETF has a fifty-two week low of $44.40 and a fifty-two week high of $48.17. The stock’s 50-day moving average is $45.71 and its two-hundred day moving average is $46.41. The stock has a market cap of $15.32 billion, a PE 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.