Heritage Wealth Management Inc. Acquires 140,471 Shares of JPMorgan Core Plus Bond ETF $JCPB

Heritage Wealth Management Inc. acquired a new stake in JPMorgan Core Plus Bond ETF (NYSEARCA:JCPB) during the third quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The firm acquired 140,471 shares of the company’s stock, valued at approximately $6,290,000. JPMorgan Core Plus Bond ETF makes up about 1.6% of Heritage Wealth Management Inc.’s investment portfolio, making the stock its 10th largest position.

Other institutional investors and hedge funds also recently added to or reduced their stakes in the company. Torren Management LLC purchased a new stake in shares of JPMorgan Core Plus Bond ETF during the first quarter worth $37,000. Blueline Advisors LLC purchased a new position in shares of JPMorgan Core Plus Bond ETF in the third quarter worth about $39,000. Western Wealth Management LLC purchased a new position in shares of JPMorgan Core Plus Bond ETF in the first quarter worth about $76,000. Portfolio Resources Advisor Group Inc. purchased a new position in shares of JPMorgan Core Plus Bond ETF in the third quarter worth about $75,000. Finally, Basepoint Wealth LLC purchased a new position in shares of JPMorgan Core Plus Bond ETF in the first quarter worth about $91,000.

JPMorgan Core Plus Bond ETF Trading Up 0.3%

JCPB opened at $45.60 on Friday. The firm has a market capitalization of $17.51 billion, a PE ratio of 60.35 and a beta of 0.26. JPMorgan Core Plus Bond ETF has a twelve month low of $44.40 and a twelve month high of $48.17. The firm’s 50-day moving average price is $45.38 and its 200 day moving average price is $46.57.

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.