Continuum Advisory LLC Grows Stock Position in JPMorgan Core Plus Bond ETF $JCPB

Continuum Advisory LLC raised its position in shares of JPMorgan Core Plus Bond ETF (BATS:JCPB) by 8.4% during the 3rd quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The institutional investor owned 603,539 shares of the company’s stock after purchasing an additional 46,660 shares during the quarter. JPMorgan Core Plus Bond ETF accounts for about 3.0% of Continuum Advisory LLC’s investment portfolio, making the stock its 3rd largest position. Continuum Advisory LLC owned approximately 0.41% of JPMorgan Core Plus Bond ETF worth $28,698,000 at the end of the most recent reporting period.

A number of other hedge funds and other institutional investors have also recently modified their holdings of JCPB. HB Wealth Management LLC lifted its stake in shares of JPMorgan Core Plus Bond ETF by 105.6% during the 2nd quarter. HB Wealth Management LLC now owns 7,766,678 shares of the company’s stock valued at $365,500,000 after buying an additional 3,988,832 shares in the last quarter. JPMorgan Chase & Co. lifted its position in shares of JPMorgan Core Plus Bond ETF by 12.1% in the second quarter. JPMorgan Chase & Co. now owns 3,896,176 shares of the company’s stock valued at $183,354,000 after acquiring an additional 419,773 shares in the last quarter. Legacy Wealth Management Inc lifted its position in shares of JPMorgan Core Plus Bond ETF by 7.0% in the third quarter. Legacy Wealth Management Inc now owns 3,546,974 shares of the company’s stock valued at $168,659,000 after acquiring an additional 232,040 shares in the last quarter. Vestmark Advisory Solutions Inc. boosted its stake in shares of JPMorgan Core Plus Bond ETF by 121.3% in the second quarter. Vestmark Advisory Solutions Inc. now owns 3,264,660 shares of the company’s stock worth $153,635,000 after acquiring an additional 1,789,454 shares during the period. Finally, Factory Mutual Insurance Co. grew its position in shares of JPMorgan Core Plus Bond ETF by 49.5% during the second quarter. Factory Mutual Insurance Co. now owns 3,216,300 shares of the company’s stock worth $151,359,000 after purchasing an additional 1,065,000 shares in the last quarter.

JPMorgan Core Plus Bond ETF Trading Up 4.5%

Shares of JCPB opened at $47.66 on Tuesday. JPMorgan Core Plus Bond ETF has a 12-month low of $45.51 and a 12-month high of $48.54. The company has a market capitalization of $7.00 billion, a PE ratio of 60.35 and a beta of 0.24. The business’s 50 day moving average is $47.59 and its 200 day moving average is $47.27.

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.