Smallwood Wealth Investment Management LLC Acquires Shares of 9,249 JPMorgan Core Plus Bond ETF (BATS:JCPB)

Smallwood Wealth Investment Management LLC purchased a new stake in JPMorgan Core Plus Bond ETF (BATS:JCPB) in the fourth quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The institutional investor purchased 9,249 shares of the company’s stock, valued at approximately $426,000.

Several other institutional investors have also recently added to or reduced their stakes in the stock. Legacy Wealth Management Inc grew its holdings in shares of JPMorgan Core Plus Bond ETF by 13.4% in the 3rd quarter. Legacy Wealth Management Inc now owns 3,019,083 shares of the company’s stock worth $145,641,000 after acquiring an additional 355,683 shares during the last quarter. JPMorgan Chase & Co. raised its holdings in JPMorgan Core Plus Bond ETF by 14.3% in the 3rd quarter. JPMorgan Chase & Co. now owns 2,234,376 shares of the company’s stock worth $107,786,000 after acquiring an additional 279,898 shares during the period. Janney Montgomery Scott LLC boosted its stake in JPMorgan Core Plus Bond ETF by 16.8% during the 4th quarter. Janney Montgomery Scott LLC now owns 1,928,429 shares of the company’s stock valued at $88,843,000 after purchasing an additional 277,491 shares during the period. Moss Adams Wealth Advisors LLC grew its stake in shares of JPMorgan Core Plus Bond ETF by 15.7% in the fourth quarter. Moss Adams Wealth Advisors LLC now owns 1,869,799 shares of the company’s stock worth $86,377,000 after acquiring an additional 253,902 shares during the last quarter. Finally, Grant Street Asset Management Inc. grew its position in JPMorgan Core Plus Bond ETF by 6.7% during the third quarter. Grant Street Asset Management Inc. now owns 1,528,095 shares of the company’s stock worth $73,715,000 after buying an additional 95,419 shares in the last quarter.

JPMorgan Core Plus Bond ETF Trading Up 1.2 %

Shares of JCPB opened at $46.13 on Friday. The business’s 50 day simple moving average is $46.44 and its 200-day simple moving average is $47.08. The company has a market capitalization of $2.97 billion, a PE ratio of 2.20 and a beta of 0.17.

About JPMorgan Core Plus Bond ETF

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.