Steele Capital Management Inc. Has $24.69 Million Stake in JPMorgan Core Plus Bond ETF $JCPB

Steele Capital Management Inc. lowered its holdings in JPMorgan Core Plus Bond ETF (BATS:JCPB) by 6.4% in the third quarter, according to its most recent 13F filing with the Securities & Exchange Commission. The firm owned 519,157 shares of the company’s stock after selling 35,526 shares during the period. JPMorgan Core Plus Bond ETF makes up about 1.1% of Steele Capital Management Inc.’s portfolio, making the stock its 21st largest holding. Steele Capital Management Inc.’s holdings in JPMorgan Core Plus Bond ETF were worth $24,686,000 as of its most recent SEC filing.

Other hedge funds also recently made changes to their positions in the company. Focus Partners Wealth boosted its stake in shares of JPMorgan Core Plus Bond ETF by 5.0% in the first quarter. Focus Partners Wealth now owns 679,512 shares of the company’s stock valued at $31,964,000 after buying an additional 32,189 shares during the period. Geneos Wealth Management Inc. increased its stake in JPMorgan Core Plus Bond ETF by 36.3% during the 1st quarter. Geneos Wealth Management Inc. now owns 9,765 shares of the company’s stock worth $459,000 after acquiring an additional 2,603 shares during the period. Modern Wealth Management LLC raised its holdings in JPMorgan Core Plus Bond ETF by 18.0% in the 1st quarter. Modern Wealth Management LLC now owns 192,483 shares of the company’s stock valued at $9,054,000 after acquiring an additional 29,414 shares in the last quarter. Blue Oak Capital LLC lifted its position in shares of JPMorgan Core Plus Bond ETF by 7.3% during the 1st quarter. Blue Oak Capital LLC now owns 408,827 shares of the company’s stock valued at $19,231,000 after acquiring an additional 27,664 shares during the period. Finally, Stonehearth Capital Management LLC grew its holdings in shares of JPMorgan Core Plus Bond ETF by 25.9% during the 2nd quarter. Stonehearth Capital Management LLC now owns 7,537 shares of the company’s stock worth $355,000 after purchasing an additional 1,551 shares in the last quarter.

JPMorgan Core Plus Bond ETF Stock Performance

Shares of BATS JCPB opened at $47.49 on Friday. The stock has a market capitalization of $6.98 billion, a P/E ratio of 60.35 and a beta of 0.24. The stock’s fifty day moving average is $47.51 and its 200 day moving average is $47.31. JPMorgan Core Plus Bond ETF has a 52 week low of $45.51 and a 52 week high of $48.54.

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.