Independent Wealth Network Inc. Buys 4,919 Shares of JPMorgan Core Plus Bond ETF (BATS:JCPB)

Independent Wealth Network Inc. raised its stake in shares of JPMorgan Core Plus Bond ETF (BATS:JCPB) by 51.1% during the 4th quarter, Holdings Channel reports. The fund owned 14,554 shares of the company’s stock after purchasing an additional 4,919 shares during the period. Independent Wealth Network Inc.’s holdings in JPMorgan Core Plus Bond ETF were worth $670,000 as of its most recent SEC filing.

Other hedge funds and other institutional investors have also bought and sold shares of the company. Trinity Legacy Partners LLC boosted its position in shares of JPMorgan Core Plus Bond ETF by 1.2% in the 2nd quarter. Trinity Legacy Partners LLC now owns 284,318 shares of the company’s stock worth $13,172,000 after purchasing an additional 3,248 shares in the last quarter. Ascent Group LLC lifted its position in JPMorgan Core Plus Bond ETF by 10.4% during the 2nd quarter. Ascent Group LLC now owns 8,890 shares of the company’s stock worth $412,000 after acquiring an additional 835 shares during the period. Silver Lake Advisory LLC purchased a new position in shares of JPMorgan Core Plus Bond ETF during the 2nd quarter valued at about $7,988,000. Northwestern Mutual Wealth Management Co. raised its stake in shares of JPMorgan Core Plus Bond ETF by 17.0% during the 2nd quarter. Northwestern Mutual Wealth Management Co. now owns 16,945 shares of the company’s stock valued at $785,000 after buying an additional 2,461 shares during the last quarter. Finally, Truist Financial Corp raised its stake in shares of JPMorgan Core Plus Bond ETF by 3.2% during the 2nd quarter. Truist Financial Corp now owns 380,131 shares of the company’s stock valued at $17,611,000 after buying an additional 11,758 shares during the last quarter.

JPMorgan Core Plus Bond ETF Trading Up 1.3 %

Shares of JPMorgan Core Plus Bond ETF stock opened at $46.20 on Thursday. The company has a fifty day simple moving average of $46.44 and a 200-day simple moving average of $47.09. The stock has a market cap of $2.97 billion, a price-to-earnings ratio of 2.20 and a beta of 0.17.

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.