474,790 Shares of JPMorgan Core Plus Bond ETF $JCPB Acquired by Blue Water Asset Management

Blue Water Asset Management acquired a new position in shares of JPMorgan Core Plus Bond ETF (NYSEARCA:JCPB) during the third quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The fund acquired 474,790 shares of the company’s stock, valued at approximately $21,261,000. JPMorgan Core Plus Bond ETF makes up about 6.8% of Blue Water Asset Management’s holdings, making the stock its 4th largest position.

Several other institutional investors and hedge funds also recently added to or reduced their stakes in the stock. AlphaCore Capital LLC acquired a new stake in shares of JPMorgan Core Plus Bond ETF in the 3rd quarter worth approximately $22,160,000. Joseph Group Capital Management purchased a new stake in JPMorgan Core Plus Bond ETF during the third quarter worth $40,473,000. Allspring Global Investments Holdings LLC purchased a new stake in JPMorgan Core Plus Bond ETF during the third quarter worth $385,000. RHL Group LLC purchased a new stake in JPMorgan Core Plus Bond ETF during the third quarter worth $32,000. Finally, Landmark Wealth Management LLC acquired a new stake in JPMorgan Core Plus Bond ETF in the third quarter valued at $11,427,000.

JPMorgan Core Plus Bond ETF Stock Down 0.7%

Shares of JCPB stock opened at $45.33 on Wednesday. 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 has a market cap of $17.47 billion, a P/E ratio of 60.35 and a beta of 0.26. The business has a fifty day simple moving average of $45.27 and a 200-day simple moving average of $46.50.

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.