Confluence Wealth Services Inc. Makes New Investment in JPMorgan Core Plus Bond ETF $JCPB

Confluence Wealth Services Inc. purchased a new position in JPMorgan Core Plus Bond ETF (BATS:JCPB) during the 4th quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The fund purchased 1,439,759 shares of the company’s stock, valued at approximately $68,173,000. JPMorgan Core Plus Bond ETF makes up approximately 2.8% of Confluence Wealth Services Inc.’s investment portfolio, making the stock its 10th biggest holding. Confluence Wealth Services Inc. owned about 0.98% of JPMorgan Core Plus Bond ETF as of its most recent SEC filing.

Several other hedge funds have also bought and sold shares of the stock. Semus Wealth Partners LLC lifted its stake in 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 purchasing an additional 226 shares in the last quarter. Barnes Dennig Private Wealth Management LLC lifted its stake in JPMorgan Core Plus Bond ETF by 9.2% in the 3rd quarter. Barnes Dennig Private Wealth Management LLC now owns 2,854 shares of the company’s stock worth $136,000 after purchasing an additional 241 shares in the last quarter. Silver Oak Securities Incorporated lifted its stake in JPMorgan Core Plus Bond ETF by 2.6% in the 3rd quarter. Silver Oak Securities Incorporated now owns 9,715 shares of the company’s stock worth $462,000 after purchasing an additional 244 shares in the last quarter. Belpointe Asset Management LLC increased its holdings in shares of JPMorgan Core Plus Bond ETF by 0.7% in the 3rd quarter. Belpointe Asset Management LLC now owns 38,943 shares of the company’s stock worth $1,852,000 after buying an additional 273 shares during the last quarter. Finally, Norden Group LLC increased its holdings in shares of JPMorgan Core Plus Bond ETF by 1.1% in the 3rd quarter. Norden Group LLC now owns 30,096 shares of the company’s stock worth $1,431,000 after buying an additional 318 shares during the last quarter.

JPMorgan Core Plus Bond ETF Stock Up 0.1%

JPMorgan Core Plus Bond ETF stock opened at $47.24 on Thursday. The company’s 50-day moving average price is $47.36 and its 200-day moving average price is $47.48. JPMorgan Core Plus Bond ETF has a twelve month low of $45.85 and a twelve month high of $48.17. The company has a market cap of $6.94 billion, a PE ratio of 60.35 and a beta of 0.24.

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.