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

Independent Wealth Network Inc. grew its stake in JPMorgan Core Plus Bond ETF (BATS:JCPB) by 51.1% in the 4th quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). 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 at the end of the most recent reporting period.

Other institutional investors have also modified their holdings of the company. Janney Montgomery Scott LLC raised its holdings in shares of JPMorgan Core Plus Bond ETF by 16.8% in the fourth quarter. Janney Montgomery Scott LLC now owns 1,928,429 shares of the company’s stock worth $88,843,000 after buying an additional 277,491 shares during the period. Magnus Financial Group LLC raised its holdings in shares of JPMorgan Core Plus Bond ETF by 22.9% in the fourth quarter. Magnus Financial Group LLC now owns 289,240 shares of the company’s stock worth $13,325,000 after buying an additional 53,921 shares during the period. Daymark Wealth Partners LLC raised its holdings in shares of JPMorgan Core Plus Bond ETF by 5.6% in the fourth quarter. Daymark Wealth Partners LLC now owns 260,807 shares of the company’s stock worth $12,015,000 after buying an additional 13,769 shares during the period. Tarbox Family Office Inc. raised its holdings in shares of JPMorgan Core Plus Bond ETF by 147.9% in the fourth quarter. Tarbox Family Office Inc. now owns 209,571 shares of the company’s stock worth $9,655,000 after buying an additional 125,039 shares during the period. Finally, MassMutual Private Wealth & Trust FSB increased its holdings in JPMorgan Core Plus Bond ETF by 0.6% during the 4th quarter. MassMutual Private Wealth & Trust FSB now owns 63,731 shares of the company’s stock worth $2,936,000 after purchasing an additional 356 shares during the period.

JPMorgan Core Plus Bond ETF Price Performance

JCPB opened at $46.20 on Thursday. The business’s 50 day moving average price is $46.44 and its two-hundred day moving average price is $47.09. The stock has a market cap of $2.97 billion, a P/E 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.