Tradition Wealth Management LLC Increases Position in JPMorgan Core Plus Bond ETF $JCPB

Tradition Wealth Management LLC lifted its position in shares of JPMorgan Core Plus Bond ETF (BATS:JCPB) by 2.5% during the fourth quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The institutional investor owned 763,526 shares of the company’s stock after purchasing an additional 18,385 shares during the quarter. JPMorgan Core Plus Bond ETF accounts for 2.6% of Tradition Wealth Management LLC’s portfolio, making the stock its 4th largest position. Tradition Wealth Management LLC’s holdings in JPMorgan Core Plus Bond ETF were worth $36,153,000 at the end of the most recent reporting period.

A number of other hedge funds and other institutional investors also recently made changes to their positions in the company. Comprehensive Financial Planning Inc. PA boosted its position in shares of JPMorgan Core Plus Bond ETF by 3.0% during the fourth quarter. Comprehensive Financial Planning Inc. PA now owns 24,332 shares of the company’s stock worth $1,152,000 after purchasing an additional 708 shares in the last quarter. Invst LLC raised its holdings in shares of JPMorgan Core Plus Bond ETF by 8.1% during the fourth quarter. Invst LLC now owns 351,569 shares of the company’s stock worth $16,647,000 after acquiring an additional 26,283 shares during the period. Etesian Wealth Advisors Inc. raised its holdings in shares of JPMorgan Core Plus Bond ETF by 1.0% during the fourth quarter. Etesian Wealth Advisors Inc. now owns 44,830 shares of the company’s stock worth $2,123,000 after acquiring an additional 437 shares during the period. J.W. Cole Advisors Inc. raised its holdings in shares of JPMorgan Core Plus Bond ETF by 28.1% during the fourth quarter. J.W. Cole Advisors Inc. now owns 8,644 shares of the company’s stock worth $409,000 after acquiring an additional 1,895 shares during the period. Finally, Comprehensive Wealth Management LLC raised its holdings in shares of JPMorgan Core Plus Bond ETF by 41.4% during the fourth quarter. Comprehensive Wealth Management LLC now owns 6,512 shares of the company’s stock worth $308,000 after acquiring an additional 1,907 shares during the period.

JPMorgan Core Plus Bond ETF Stock Down 0.4%

Shares of BATS:JCPB opened at $46.54 on Friday. JPMorgan Core Plus Bond ETF has a 12 month low of $46.10 and a 12 month high of $48.17. The company’s fifty day simple moving average is $46.91 and its 200 day simple moving average is $47.31. The firm has a market cap of $6.84 billion, a price-to-earnings ratio of 60.35 and a beta of 0.24.

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.