Arbor Trust Wealth Advisors LLC Has $10.27 Million Stake in JPMorgan Core Plus Bond ETF (BATS:JCPB)

Arbor Trust Wealth Advisors LLC boosted its position in JPMorgan Core Plus Bond ETF (BATS:JCPB) by 108.0% during the 4th quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The fund owned 221,972 shares of the company’s stock after acquiring an additional 115,261 shares during the period. JPMorgan Core Plus Bond ETF accounts for 4.8% of Arbor Trust Wealth Advisors LLC’s portfolio, making the stock its 2nd largest position. Arbor Trust Wealth Advisors LLC owned 0.34% of JPMorgan Core Plus Bond ETF worth $10,270,000 at the end of the most recent reporting period.

Other hedge funds and other institutional investors have also recently added to or reduced their stakes in the company. Contravisory Investment Management Inc. acquired a new stake in JPMorgan Core Plus Bond ETF during the 4th quarter worth $25,000. Moisand Fitzgerald Tamayo LLC acquired a new stake in shares of JPMorgan Core Plus Bond ETF during the third quarter worth $30,000. Concourse Financial Group Securities Inc. bought a new stake in JPMorgan Core Plus Bond ETF in the third quarter valued at about $30,000. Creative Financial Designs Inc. ADV acquired a new position in JPMorgan Core Plus Bond ETF in the third quarter valued at about $32,000. Finally, LGT Financial Advisors LLC raised its position in shares of JPMorgan Core Plus Bond ETF by 109.4% in the 3rd quarter. LGT Financial Advisors LLC now owns 1,577 shares of the company’s stock valued at $76,000 after acquiring an additional 824 shares during the period.

JPMorgan Core Plus Bond ETF Trading Up 1.1 %

Shares of BATS:JCPB opened at $46.12 on Friday. The firm has a market capitalization of $2.97 billion, a price-to-earnings ratio of 2.20 and a beta of 0.17. The stock’s 50 day moving average is $46.46 and its two-hundred day moving average is $47.08.

JPMorgan Core Plus Bond ETF Company 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.