Berger Financial Group Inc Has $39.51 Million Stake in JPMorgan Core Plus Bond ETF $JCPB

Berger Financial Group Inc boosted its stake in JPMorgan Core Plus Bond ETF (BATS:JCPB) by 3.7% during the 2nd quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 839,614 shares of the company’s stock after acquiring an additional 29,941 shares during the period. JPMorgan Core Plus Bond ETF accounts for 2.6% of Berger Financial Group Inc’s portfolio, making the stock its 7th largest position. Berger Financial Group Inc’s holdings in JPMorgan Core Plus Bond ETF were worth $39,512,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

Several other hedge funds also recently added to or reduced their stakes in JCPB. Ameriprise Financial Inc. bought a new stake in JPMorgan Core Plus Bond ETF in the fourth quarter valued at about $225,000. Wealth Enhancement Advisory Services LLC grew its position in shares of JPMorgan Core Plus Bond ETF by 14.7% in the 4th quarter. Wealth Enhancement Advisory Services LLC now owns 9,116 shares of the company’s stock worth $420,000 after acquiring an additional 1,171 shares in the last quarter. RFG Advisory LLC bought a new stake in shares of JPMorgan Core Plus Bond ETF in the 1st quarter valued at approximately $716,000. LexAurum Advisors LLC raised its position in shares of JPMorgan Core Plus Bond ETF by 0.8% during the 1st quarter. LexAurum Advisors LLC now owns 50,800 shares of the company’s stock valued at $2,390,000 after acquiring an additional 396 shares in the last quarter. Finally, Sentinel Pension Advisors LLC lifted its stake in JPMorgan Core Plus Bond ETF by 8.7% during the first quarter. Sentinel Pension Advisors LLC now owns 1,118,942 shares of the company’s stock worth $52,635,000 after purchasing an additional 89,939 shares during the last quarter.

JPMorgan Core Plus Bond ETF Price Performance

JCPB stock opened at $47.45 on Friday. The firm has a market cap of $6.97 billion, a price-to-earnings ratio of 60.35 and a beta of 0.24. JPMorgan Core Plus Bond ETF has a 1-year low of $45.51 and a 1-year high of $48.54. The firm has a fifty day moving average price of $47.25 and a two-hundred day moving average price of $46.77.

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.