Steele Capital Management Inc. Purchases New Position in JPMorgan Core Plus Bond ETF (BATS:JCPB)

Steele Capital Management Inc. purchased a new stake in shares of JPMorgan Core Plus Bond ETF (BATS:JCPB) during the fourth quarter, according to its most recent 13F filing with the SEC. The institutional investor purchased 313,605 shares of the company’s stock, valued at approximately $14,766,000. JPMorgan Core Plus Bond ETF makes up approximately 1.0% of Steele Capital Management Inc.’s holdings, making the stock its 25th biggest holding. Steele Capital Management Inc. owned about 1.17% of JPMorgan Core Plus Bond ETF at the end of the most recent quarter.

A number of other institutional investors also recently modified their holdings of the business. JPMorgan Chase & Co. lifted its stake in JPMorgan Core Plus Bond ETF by 80.8% in the 3rd quarter. JPMorgan Chase & Co. now owns 2,854,329 shares of the company’s stock worth $127,502,000 after purchasing an additional 1,275,986 shares in the last quarter. Legacy Wealth Management Inc lifted its holdings in JPMorgan Core Plus Bond ETF by 3.0% in the 4th quarter. Legacy Wealth Management Inc now owns 2,316,105 shares of the company’s stock worth $109,054,000 after buying an additional 67,479 shares during the period. HighTower Advisors LLC lifted its stake in shares of JPMorgan Core Plus Bond ETF by 37.0% in the 3rd quarter. HighTower Advisors LLC now owns 1,213,638 shares of the company’s stock valued at $54,209,000 after purchasing an additional 327,587 shares during the period. Raymond James Financial Services Advisors Inc. increased its stake in shares of JPMorgan Core Plus Bond ETF by 700.2% during the fourth quarter. Raymond James Financial Services Advisors Inc. now owns 1,031,119 shares of the company’s stock valued at $48,550,000 after purchasing an additional 902,262 shares in the last quarter. Finally, CGN Advisors LLC lifted its holdings in shares of JPMorgan Core Plus Bond ETF by 6,262.1% during the fourth quarter. CGN Advisors LLC now owns 838,455 shares of the company’s stock valued at $39,479,000 after purchasing an additional 825,276 shares during the last quarter.

JPMorgan Core Plus Bond ETF Stock Up 0.3 %

Shares of JPMorgan Core Plus Bond ETF stock traded up $0.14 during midday trading on Monday, hitting $45.55. The company had a trading volume of 218,654 shares. The firm has a market cap of $2.91 billion, a PE ratio of 2.19 and a beta of 0.15. The firm has a 50-day moving average price of $46.12 and a 200 day moving average price of $45.89.

JPMorgan Core Plus Bond ETF Increases Dividend

The business also recently disclosed a dividend, which was paid on Thursday, April 4th. Investors of record on Tuesday, April 2nd were given a dividend of $0.1873 per share. The ex-dividend date of this dividend was Monday, April 1st. This is a positive change from JPMorgan Core Plus Bond ETF’s previous dividend of $0.18.

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.