Garden State Investment Advisory Services LLC Grows Position in JPMorgan Core Plus Bond ETF (BATS:JCPB)

Garden State Investment Advisory Services LLC increased its position in shares of JPMorgan Core Plus Bond ETF (BATS:JCPB) by 3.3% in the 3rd quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The institutional investor owned 208,874 shares of the company’s stock after acquiring an additional 6,589 shares during the quarter. JPMorgan Core Plus Bond ETF comprises 2.8% of Garden State Investment Advisory Services LLC’s holdings, making the stock its 6th biggest position. Garden State Investment Advisory Services LLC’s holdings in JPMorgan Core Plus Bond ETF were worth $10,081,000 at the end of the most recent reporting period.

A number of other hedge funds and other institutional investors also recently bought and sold shares of the company. Moss Adams Wealth Advisors LLC acquired a new position in shares of JPMorgan Core Plus Bond ETF during the third quarter worth $77,951,000. Joseph Group Capital Management purchased a new position in JPMorgan Core Plus Bond ETF during the 3rd quarter worth $33,702,000. Thrivent Financial for Lutherans increased its position in JPMorgan Core Plus Bond ETF by 107.2% during the 3rd quarter. Thrivent Financial for Lutherans now owns 949,181 shares of the company’s stock valued at $45,788,000 after buying an additional 490,986 shares in the last quarter. Destiny Wealth Partners LLC raised its stake in JPMorgan Core Plus Bond ETF by 268.5% in the second quarter. Destiny Wealth Partners LLC now owns 580,776 shares of the company’s stock valued at $26,907,000 after buying an additional 423,181 shares during the last quarter. Finally, Financial Connections Group Inc. acquired a new stake in JPMorgan Core Plus Bond ETF in the second quarter worth about $18,200,000.

JPMorgan Core Plus Bond ETF Price Performance

Shares of JCPB stock opened at $47.18 on Monday. The stock has a market capitalization of $3.04 billion, a price-to-earnings ratio of 2.20 and a beta of 0.17. The business’s fifty day simple moving average is $47.15 and its 200-day simple moving average is $47.06.

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.