Steele Capital Management Inc. Buys 64,010 Shares of JPMorgan Core Plus Bond ETF (BATS:JCPB)

Steele Capital Management Inc. lifted its stake in JPMorgan Core Plus Bond ETF (BATS:JCPB) by 16.6% during the third quarter, HoldingsChannel reports. The firm owned 449,980 shares of the company’s stock after purchasing an additional 64,010 shares during the period. JPMorgan Core Plus Bond ETF accounts for about 1.1% of Steele Capital Management Inc.’s holdings, making the stock its 22nd largest position. Steele Capital Management Inc.’s holdings in JPMorgan Core Plus Bond ETF were worth $21,707,000 as of its most recent filing with the Securities and Exchange Commission.

A number of other hedge funds and other institutional investors have also made changes to their positions in the company. Concourse Financial Group Securities Inc. acquired a new position in shares of JPMorgan Core Plus Bond ETF during the third quarter valued at about $30,000. Moisand Fitzgerald Tamayo LLC purchased a new position in JPMorgan Core Plus Bond ETF during the third quarter valued at $30,000. Creative Financial Designs Inc. ADV purchased a new stake in shares of JPMorgan Core Plus Bond ETF during the third quarter worth approximately $32,000. International Assets Investment Management LLC purchased a new position in JPMorgan Core Plus Bond ETF in the 2nd quarter worth approximately $63,000. Finally, LGT Financial Advisors LLC grew its position in shares of JPMorgan Core Plus Bond ETF by 109.4% in the third quarter. LGT Financial Advisors LLC now owns 1,577 shares of the company’s stock valued at $76,000 after purchasing an additional 824 shares in the last quarter.

JPMorgan Core Plus Bond ETF Stock Performance

JPMorgan Core Plus Bond ETF stock opened at $46.53 on Thursday. The stock has a market cap of $3.00 billion, a PE ratio of 2.20 and a beta of 0.17. The company has a fifty day moving average price of $47.40 and a 200 day moving average price of $47.01.

JPMorgan Core Plus Bond ETF Increases Dividend

The company also recently announced a dividend, which was paid on Thursday, September 5th. Shareholders of record on Tuesday, September 3rd were given a $0.2049 dividend. This is an increase from JPMorgan Core Plus Bond ETF’s previous dividend of $0.20. The ex-dividend date of this dividend was Tuesday, September 3rd.

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.