Aspen Wealth Management LLC Makes New $36.17 Million Investment in JPMorgan Core Plus Bond ETF $JCPB

Aspen Wealth Management LLC acquired a new stake in JPMorgan Core Plus Bond ETF (NYSEARCA:JCPB) during the 3rd quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The institutional investor acquired 807,724 shares of the company’s stock, valued at approximately $36,170,000. JPMorgan Core Plus Bond ETF makes up 5.8% of Aspen Wealth Management LLC’s portfolio, making the stock its 6th biggest position.

Several other institutional investors and hedge funds have also made changes to their positions in the stock. HB Wealth Management LLC boosted its stake in shares of JPMorgan Core Plus Bond ETF by 16.5% during the first quarter. HB Wealth Management LLC now owns 14,422,179 shares of the company’s stock valued at $676,223,000 after acquiring an additional 2,042,169 shares during the last quarter. Legacy Wealth Management LLC increased its position in JPMorgan Core Plus Bond ETF by 4.9% during the 2nd quarter. Legacy Wealth Management LLC now owns 4,057,660 shares of the company’s stock worth $190,467,000 after purchasing an additional 190,026 shares in the last quarter. Janney Montgomery Scott LLC raised its stake in JPMorgan Core Plus Bond ETF by 27.5% in the 1st quarter. Janney Montgomery Scott LLC now owns 3,568,823 shares of the company’s stock valued at $168,020,000 after purchasing an additional 769,266 shares during the last quarter. Valeo Financial Advisors LLC acquired a new position in JPMorgan Core Plus Bond ETF in the 3rd quarter valued at about $140,086,000. Finally, Envestnet Asset Management Inc. raised its stake in JPMorgan Core Plus Bond ETF by 10.0% in the 2nd quarter. Envestnet Asset Management Inc. now owns 2,877,606 shares of the company’s stock valued at $135,075,000 after purchasing an additional 262,780 shares during the last quarter.

JPMorgan Core Plus Bond ETF Stock Performance

JCPB stock traded down $0.04 during trading on Wednesday, hitting $44.77. The stock had a trading volume of 1,185,357 shares, compared to its average volume of 2,053,686. The stock has a market cap of $15.60 billion, a price-to-earnings ratio of 60.35 and a beta of 0.26. The company’s 50 day moving average price is $45.63 and its two-hundred day moving average price is $46.37. JPMorgan Core Plus Bond ETF has a 1-year low of $44.40 and a 1-year high of $48.17.

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.