Brown Advisory Inc. Takes $720,000 Position in JPMorgan Core Plus Bond ETF (BATS:JCPB)

Brown Advisory Inc. bought a new position in shares of JPMorgan Core Plus Bond ETF (BATS:JCPB) during the 1st quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The institutional investor bought 15,298 shares of the company’s stock, valued at approximately $720,000.

Several other institutional investors and hedge funds have also bought and sold shares of the stock. Bank of America Corp DE grew its position in shares of JPMorgan Core Plus Bond ETF by 7.3% in the fourth quarter. Bank of America Corp DE now owns 8,345,960 shares of the company’s stock valued at $384,498,000 after purchasing an additional 568,425 shares during the last quarter. Legacy Wealth Management Inc lifted its stake in JPMorgan Core Plus Bond ETF by 1.6% during the first quarter. Legacy Wealth Management Inc now owns 3,233,844 shares of the company’s stock worth $152,120,000 after purchasing an additional 52,375 shares during the last quarter. JPMorgan Chase & Co. lifted its stake in JPMorgan Core Plus Bond ETF by 38.8% during the fourth quarter. JPMorgan Chase & Co. now owns 3,100,895 shares of the company’s stock worth $142,858,000 after purchasing an additional 866,519 shares during the last quarter. Janney Montgomery Scott LLC lifted its stake in shares of JPMorgan Core Plus Bond ETF by 16.6% in the 1st quarter. Janney Montgomery Scott LLC now owns 2,247,634 shares of the company’s stock valued at $105,729,000 after acquiring an additional 319,205 shares during the last quarter. Finally, Factory Mutual Insurance Co. bought a new position in shares of JPMorgan Core Plus Bond ETF in the 1st quarter valued at $101,197,000.

JPMorgan Core Plus Bond ETF Stock Up 2.0%

Shares of BATS:JCPB opened at $46.50 on Tuesday. The firm has a market cap of $6.83 billion, a P/E ratio of 60.35 and a beta of 0.24. JPMorgan Core Plus Bond ETF has a 12-month low of $45.51 and a 12-month high of $48.54. The business has a fifty day simple moving average of $46.44 and a 200 day simple moving average of $46.46.

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.