Riverchase Wealth Management LLC Increases Stake in JPMorgan Core Plus Bond ETF $JCPB

Riverchase Wealth Management LLC grew its stake in JPMorgan Core Plus Bond ETF (BATS:JCPB) by 6.0% in the 3rd quarter, according to its most recent disclosure with the Securities & Exchange Commission. The firm owned 348,966 shares of the company’s stock after buying an additional 19,676 shares during the quarter. JPMorgan Core Plus Bond ETF accounts for about 9.4% of Riverchase Wealth Management LLC’s investment portfolio, making the stock its 2nd biggest holding. Riverchase Wealth Management LLC’s holdings in JPMorgan Core Plus Bond ETF were worth $16,593,000 as of its most recent filing with the Securities & Exchange Commission.

Several other large investors also recently made changes to their positions in the stock. TruWealth Advisors LLC raised its stake in shares of JPMorgan Core Plus Bond ETF by 1.2% in the 2nd quarter. TruWealth Advisors LLC now owns 96,712 shares of the company’s stock valued at $4,551,000 after purchasing an additional 1,186 shares during the period. Apella Capital LLC boosted its position in shares of JPMorgan Core Plus Bond ETF by 996.2% during the third quarter. Apella Capital LLC now owns 232,771 shares of the company’s stock worth $11,143,000 after buying an additional 211,536 shares during the period. Alpine Bank Wealth Management grew its holdings in shares of JPMorgan Core Plus Bond ETF by 84.3% during the third quarter. Alpine Bank Wealth Management now owns 1,574,742 shares of the company’s stock worth $74,879,000 after buying an additional 720,527 shares in the last quarter. 5T Wealth LLC raised its position in JPMorgan Core Plus Bond ETF by 26.8% in the 3rd quarter. 5T Wealth LLC now owns 158,439 shares of the company’s stock valued at $7,534,000 after buying an additional 33,509 shares during the last quarter. Finally, Apollon Wealth Management LLC raised its position in JPMorgan Core Plus Bond ETF by 203.4% in the 3rd quarter. Apollon Wealth Management LLC now owns 148,719 shares of the company’s stock valued at $7,072,000 after buying an additional 99,702 shares during the last quarter.

JPMorgan Core Plus Bond ETF Stock Performance

BATS JCPB opened at $47.43 on Tuesday. JPMorgan Core Plus Bond ETF has a 52 week low of $45.51 and a 52 week high of $48.54. The stock’s 50 day moving average price is $47.54 and its two-hundred day moving average price is $47.30. The stock has a market capitalization of $6.97 billion, a price-to-earnings ratio of 60.35 and a beta of 0.24.

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.