Blume Capital Management Inc. Has $10.35 Million Stake in JPMorgan Core Plus Bond ETF $JCPB

Blume Capital Management Inc. raised its holdings in JPMorgan Core Plus Bond ETF (BATS:JCPB) by 328.2% in the fourth quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission. The firm owned 218,576 shares of the company’s stock after acquiring an additional 167,526 shares during the period. JPMorgan Core Plus Bond ETF comprises about 1.9% of Blume Capital Management Inc.’s investment portfolio, making the stock its 23rd largest holding. Blume Capital Management Inc.’s holdings in JPMorgan Core Plus Bond ETF were worth $10,350,000 at the end of the most recent quarter.

A number of other institutional investors and hedge funds have also recently added to or reduced their stakes in the business. HB Wealth Management LLC grew its stake in JPMorgan Core Plus Bond ETF by 18.7% in the fourth quarter. HB Wealth Management LLC now owns 12,380,010 shares of the company’s stock valued at $586,193,000 after acquiring an additional 1,954,190 shares during the period. Bank of America Corp DE grew its stake in JPMorgan Core Plus Bond ETF by 4.4% in the third quarter. Bank of America Corp DE now owns 8,414,956 shares of the company’s stock valued at $400,131,000 after acquiring an additional 355,956 shares during the period. Factory Mutual Insurance Co. grew its stake in JPMorgan Core Plus Bond ETF by 81.8% in the third quarter. Factory Mutual Insurance Co. now owns 5,846,314 shares of the company’s stock valued at $277,992,000 after acquiring an additional 2,630,014 shares during the period. JPMorgan Chase & Co. grew its stake in JPMorgan Core Plus Bond ETF by 2.3% in the third quarter. JPMorgan Chase & Co. now owns 3,987,312 shares of the company’s stock valued at $189,597,000 after acquiring an additional 91,136 shares during the period. Finally, Raymond James Financial Inc. grew its stake in JPMorgan Core Plus Bond ETF by 3.7% in the third quarter. Raymond James Financial Inc. now owns 3,911,288 shares of the company’s stock valued at $185,982,000 after acquiring an additional 139,446 shares during the period.

JPMorgan Core Plus Bond ETF Stock Performance

BATS:JCPB opened at $46.48 on Monday. JPMorgan Core Plus Bond ETF has a 1 year low of $45.85 and a 1 year high of $48.17. The stock has a market cap of $6.83 billion, a price-to-earnings ratio of 60.35 and a beta of 0.24. The stock has a 50-day moving average price of $47.07 and a two-hundred day moving average price of $47.40.

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.