Legacy Wealth Management LLC Increases Stake in JPMorgan Core Plus Bond ETF $JCPB

Legacy Wealth Management LLC grew its stake in JPMorgan Core Plus Bond ETF (BATS:JCPB) by 4.9% in the 2nd quarter, according to its most recent disclosure with the Securities & Exchange Commission. The firm owned 4,057,660 shares of the company’s stock after buying an additional 190,026 shares during the quarter. JPMorgan Core Plus Bond ETF accounts for about 10.0% of Legacy Wealth Management LLC’s investment portfolio, making the stock its 5th biggest holding. Legacy Wealth Management LLC owned about 2.76% of JPMorgan Core Plus Bond ETF worth $190,467,000 as of its most recent filing with the Securities & Exchange Commission.

A number of other hedge funds and other institutional investors have also made changes to their positions in the stock. HB Wealth Management LLC boosted its stake in JPMorgan Core Plus Bond ETF by 16.5% in the 1st quarter. HB Wealth Management LLC now owns 14,422,179 shares of the company’s stock worth $676,223,000 after purchasing an additional 2,042,169 shares during the period. Bank of America Corp DE raised its stake in shares of JPMorgan Core Plus Bond ETF by 4.4% in the 3rd quarter. Bank of America Corp DE now owns 8,414,956 shares of the company’s stock valued at $400,131,000 after purchasing an additional 355,956 shares during the period. Morgan Stanley raised its stake in shares of JPMorgan Core Plus Bond ETF by 51.3% in the 4th quarter. Morgan Stanley now owns 6,423,061 shares of the company’s stock valued at $304,132,000 after purchasing an additional 2,177,142 shares during the period. Raymond James Financial Inc. lifted its holdings in shares of JPMorgan Core Plus Bond ETF by 21.9% in the fourth quarter. Raymond James Financial Inc. now owns 4,767,284 shares of the company’s stock valued at $225,731,000 after purchasing an additional 855,996 shares in the last quarter. Finally, JPMorgan Chase & Co. lifted its holdings in shares of JPMorgan Core Plus Bond ETF by 12.4% in the fourth quarter. JPMorgan Chase & Co. now owns 4,480,965 shares of the company’s stock valued at $212,174,000 after purchasing an additional 493,653 shares in the last quarter.

JPMorgan Core Plus Bond ETF Stock Performance

BATS:JCPB opened at $46.27 on Monday. The company has a market cap of $6.80 billion, a PE ratio of 60.35 and a beta of 0.24. JPMorgan Core Plus Bond ETF has a 52-week low of $46.04 and a 52-week high of $48.17. The stock has a 50-day simple moving average of $46.59 and a 200 day simple moving average of $47.01.

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.