Nations Financial Group Inc. IA ADV Purchases 39,528 Shares of JPMorgan Core Plus Bond ETF $JCPB

Nations Financial Group Inc. IA ADV increased its position in shares of JPMorgan Core Plus Bond ETF (BATS:JCPB) by 16.9% in the first quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The firm owned 274,077 shares of the company’s stock after purchasing an additional 39,528 shares during the period. JPMorgan Core Plus Bond ETF makes up 0.7% of Nations Financial Group Inc. IA ADV’s portfolio, making the stock its 26th largest holding. Nations Financial Group Inc. IA ADV owned about 0.19% of JPMorgan Core Plus Bond ETF worth $12,904,000 at the end of the most recent quarter.

Other hedge funds also recently added to or reduced their stakes in the company. Imprint Wealth LLC bought a new stake in JPMorgan Core Plus Bond ETF in the third quarter worth about $30,000. SHP Wealth Management bought a new position in shares of JPMorgan Core Plus Bond ETF during the fourth quarter valued at approximately $31,000. Root Financial Partners LLC grew its stake in shares of JPMorgan Core Plus Bond ETF by 486.3% during the fourth quarter. Root Financial Partners LLC now owns 727 shares of the company’s stock valued at $34,000 after buying an additional 603 shares during the last quarter. Fairway Wealth LLC purchased a new stake in shares of JPMorgan Core Plus Bond ETF in the fourth quarter worth approximately $35,000. Finally, Oak Harbor Wealth Partners LLC purchased a new stake in shares of JPMorgan Core Plus Bond ETF in the fourth quarter worth approximately $36,000.

JPMorgan Core Plus Bond ETF Stock Performance

Shares of JCPB stock opened at $46.87 on Friday. JPMorgan Core Plus Bond ETF has a 52-week low of $46.21 and a 52-week high of $48.17. The firm has a market capitalization of $6.89 billion, a P/E ratio of 60.35 and a beta of 0.24. The stock has a 50 day moving average price of $46.88 and a 200 day moving average price of $47.25.

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.