Verus Capital Partners LLC Grows Stake in JPMorgan Core Plus Bond ETF $JCPB

Verus Capital Partners LLC raised its holdings in shares of JPMorgan Core Plus Bond ETF (BATS:JCPB) by 10.5% during the 1st quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The fund owned 592,576 shares of the company’s stock after purchasing an additional 56,209 shares during the period. JPMorgan Core Plus Bond ETF makes up about 1.9% of Verus Capital Partners LLC’s investment portfolio, making the stock its 10th largest holding. Verus Capital Partners LLC’s holdings in JPMorgan Core Plus Bond ETF were worth $27,898,000 at the end of the most recent quarter.

A number of other institutional investors and hedge funds have also modified their holdings of JCPB. OpenArc Corporate Advisory LLC bought a new stake in JPMorgan Core Plus Bond ETF in the 4th quarter worth about $200,929,000. Dynasty Wealth Management LLC purchased a new position in JPMorgan Core Plus Bond ETF in the 4th quarter worth about $176,371,000. Morgan Stanley lifted its stake in JPMorgan Core Plus Bond ETF by 51.3% during the 4th quarter. Morgan Stanley now owns 6,423,061 shares of the company’s stock valued at $304,132,000 after acquiring an additional 2,177,142 shares during the period. HB Wealth Management LLC lifted its stake in JPMorgan Core Plus Bond ETF by 16.5% during the 1st 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 period. Finally, Confluence Wealth Services Inc. purchased a new stake in shares of JPMorgan Core Plus Bond ETF during the 4th quarter valued at about $68,173,000.

JPMorgan Core Plus Bond ETF Stock Down 0.2%

Shares of BATS JCPB opened at $46.18 on Friday. The firm’s 50-day moving average price is $46.65 and its 200-day moving average price is $47.05. JPMorgan Core Plus Bond ETF has a 52-week low of $46.10 and a 52-week high of $48.17. The company has a market cap of $6.78 billion, a PE ratio of 60.35 and a beta of 0.24.

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.