Hartford Financial Management Inc. Has $28.30 Million Stake in JPMorgan Core Plus Bond ETF (BATS:JCPB)

Hartford Financial Management Inc. raised its holdings in JPMorgan Core Plus Bond ETF (BATS:JCPB) by 2.6% during the fourth quarter, Holdings Channel reports. The institutional investor owned 614,337 shares of the company’s stock after buying an additional 15,754 shares during the quarter. JPMorgan Core Plus Bond ETF makes up about 5.8% of Hartford Financial Management Inc.’s holdings, making the stock its largest position. Hartford Financial Management Inc.’s holdings in JPMorgan Core Plus Bond ETF were worth $28,302,000 at the end of the most recent quarter.

A number of other hedge funds have also recently made changes to their positions in the business. Northwestern Mutual Wealth Management Co. increased its holdings in JPMorgan Core Plus Bond ETF by 17.0% during the 2nd quarter. Northwestern Mutual Wealth Management Co. now owns 16,945 shares of the company’s stock worth $785,000 after purchasing an additional 2,461 shares in the last quarter. Truist Financial Corp boosted its holdings in JPMorgan Core Plus Bond ETF by 3.2% during the second quarter. Truist Financial Corp now owns 380,131 shares of the company’s stock worth $17,611,000 after purchasing an additional 11,758 shares during the last quarter. Cetera Investment Advisers grew its position in JPMorgan Core Plus Bond ETF by 22.8% in the 2nd quarter. Cetera Investment Advisers now owns 529,789 shares of the company’s stock worth $24,545,000 after purchasing an additional 98,402 shares in the last quarter. Sanctuary Advisors LLC purchased a new stake in JPMorgan Core Plus Bond ETF in the 2nd quarter valued at about $1,251,000. Finally, First Community Trust NA bought a new position in shares of JPMorgan Core Plus Bond ETF during the 3rd quarter worth approximately $143,000.

JPMorgan Core Plus Bond ETF Trading Up 1.9 %

JCPB stock opened at $46.48 on Friday. The company has a market capitalization of $2.99 billion, a price-to-earnings ratio of 2.20 and a beta of 0.17. The firm has a 50-day simple moving average of $46.42 and a 200 day simple moving average of $47.07.

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.