Philip James Wealth Mangement LLC Increases Stock Position in JPMorgan Core Plus Bond ETF $JCPB

Philip James Wealth Mangement LLC lifted its stake in JPMorgan Core Plus Bond ETF (BATS:JCPB) by 15.1% in the third quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The firm owned 199,323 shares of the company’s stock after acquiring an additional 26,152 shares during the quarter. JPMorgan Core Plus Bond ETF accounts for about 1.1% of Philip James Wealth Mangement LLC’s investment portfolio, making the stock its 20th largest holding. Philip James Wealth Mangement LLC owned 0.14% of JPMorgan Core Plus Bond ETF worth $9,478,000 as of its most recent filing with the Securities & Exchange Commission.

A number of other hedge funds and other institutional investors also recently added to or reduced their stakes in the stock. Silver Oak Securities Incorporated grew its position in JPMorgan Core Plus Bond ETF by 2.4% in the 2nd quarter. Silver Oak Securities Incorporated now owns 9,471 shares of the company’s stock worth $446,000 after purchasing an additional 221 shares during the period. Semus Wealth Partners LLC boosted its stake in shares of JPMorgan Core Plus Bond ETF by 4.0% in the 3rd quarter. Semus Wealth Partners LLC now owns 5,876 shares of the company’s stock worth $279,000 after buying an additional 226 shares during the last quarter. Comprehensive Financial Planning Inc. PA boosted its stake in shares of JPMorgan Core Plus Bond ETF by 1.3% in the 2nd quarter. Comprehensive Financial Planning Inc. PA now owns 18,234 shares of the company’s stock worth $858,000 after buying an additional 228 shares during the last quarter. World Investment Advisors grew its holdings in shares of JPMorgan Core Plus Bond ETF by 0.7% in the second quarter. World Investment Advisors now owns 31,872 shares of the company’s stock worth $1,500,000 after acquiring an additional 235 shares during the period. Finally, Barnes Dennig Private Wealth Management LLC grew its holdings in shares of JPMorgan Core Plus Bond ETF by 9.2% in the third quarter. Barnes Dennig Private Wealth Management LLC now owns 2,854 shares of the company’s stock worth $136,000 after acquiring an additional 241 shares during the period.

JPMorgan Core Plus Bond ETF Stock Performance

JCPB stock opened at $47.49 on Friday. The company has a market cap of $6.98 billion, a price-to-earnings ratio of 60.35 and a beta of 0.24. The business’s 50-day moving average is $47.51 and its two-hundred day moving average is $47.32. JPMorgan Core Plus Bond ETF has a fifty-two week low of $45.51 and a fifty-two week high of $48.54.

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.