Avidian Wealth Enterprises LLC Raises Stock Position in JPMorgan Core Plus Bond ETF $JCPB

Avidian Wealth Enterprises LLC grew its stake in JPMorgan Core Plus Bond ETF (BATS:JCPB) by 6.8% in the 3rd quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The institutional investor owned 654,249 shares of the company’s stock after buying an additional 41,375 shares during the period. JPMorgan Core Plus Bond ETF accounts for 1.2% of Avidian Wealth Enterprises LLC’s investment portfolio, making the stock its 20th largest holding. Avidian Wealth Enterprises LLC owned about 0.45% of JPMorgan Core Plus Bond ETF worth $31,110,000 as of its most recent filing with the Securities and Exchange Commission.

Other hedge funds and other institutional investors have also recently bought and sold shares of the company. HB Wealth Management LLC boosted its stake in JPMorgan Core Plus Bond ETF by 105.6% in the second quarter. HB Wealth Management LLC now owns 7,766,678 shares of the company’s stock valued at $365,500,000 after acquiring an additional 3,988,832 shares in the last quarter. Vestmark Advisory Solutions Inc. increased its position in shares of JPMorgan Core Plus Bond ETF by 121.3% during the second quarter. Vestmark Advisory Solutions Inc. now owns 3,264,660 shares of the company’s stock worth $153,635,000 after purchasing an additional 1,789,454 shares in the last quarter. Savant Capital LLC lifted its holdings in shares of JPMorgan Core Plus Bond ETF by 153.3% in the 2nd quarter. Savant Capital LLC now owns 1,871,288 shares of the company’s stock valued at $88,063,000 after purchasing an additional 1,132,471 shares during the last quarter. Factory Mutual Insurance Co. boosted its position in shares of JPMorgan Core Plus Bond ETF by 49.5% in the 2nd quarter. Factory Mutual Insurance Co. now owns 3,216,300 shares of the company’s stock valued at $151,359,000 after purchasing an additional 1,065,000 shares during the period. Finally, Alpine Bank Wealth Management acquired a new stake in shares of JPMorgan Core Plus Bond ETF in the 2nd quarter valued at about $40,199,000.

JPMorgan Core Plus Bond ETF Stock Up 3.7%

JCPB opened at $47.28 on Wednesday. The firm has a market cap of $6.94 billion, a price-to-earnings ratio of 60.35 and a beta of 0.24. JPMorgan Core Plus Bond ETF has a 52 week low of $45.51 and a 52 week high of $48.54. The business’s 50 day moving average is $47.52 and its two-hundred day moving average is $47.35.

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.