Concurrent Investment Advisors LLC Buys 15,087 Shares of JPMorgan Core Plus Bond ETF $JCPB

Concurrent Investment Advisors LLC boosted its stake in shares of JPMorgan Core Plus Bond ETF (BATS:JCPB) by 14.0% in the fourth quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The institutional investor owned 122,951 shares of the company’s stock after buying an additional 15,087 shares during the period. Concurrent Investment Advisors LLC owned approximately 0.08% of JPMorgan Core Plus Bond ETF worth $5,822,000 at the end of the most recent reporting period.

A number of other large investors have also added to or reduced their stakes in the stock. HB Wealth Management LLC boosted its holdings in JPMorgan Core Plus Bond ETF by 18.7% in the fourth quarter. HB Wealth Management LLC now owns 12,380,010 shares of the company’s stock worth $586,193,000 after acquiring an additional 1,954,190 shares in the last quarter. Bank of America Corp DE increased its holdings in shares of JPMorgan Core Plus Bond ETF by 4.4% during the third quarter. Bank of America Corp DE now owns 8,414,956 shares of the company’s stock valued at $400,131,000 after acquiring an additional 355,956 shares in the last quarter. Factory Mutual Insurance Co. raised its position in shares of JPMorgan Core Plus Bond ETF by 81.8% in the 3rd quarter. Factory Mutual Insurance Co. now owns 5,846,314 shares of the company’s stock worth $277,992,000 after purchasing an additional 2,630,014 shares during the last quarter. JPMorgan Chase & Co. raised its position in shares of JPMorgan Core Plus Bond ETF by 2.3% in the 3rd quarter. JPMorgan Chase & Co. now owns 3,987,312 shares of the company’s stock worth $189,597,000 after purchasing an additional 91,136 shares during the last quarter. Finally, Raymond James Financial Inc. boosted its stake in JPMorgan Core Plus Bond ETF by 3.7% in the 3rd quarter. Raymond James Financial Inc. now owns 3,911,288 shares of the company’s stock worth $185,982,000 after purchasing an additional 139,446 shares in the last quarter.

JPMorgan Core Plus Bond ETF Stock Performance

Shares of JCPB stock opened at $47.25 on Monday. The company has a market capitalization 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 one year low of $45.85 and a one year high of $48.17. The company’s 50-day moving average is $47.33 and its 200 day moving average is $47.48.

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.