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

Steele Capital Management Inc. reduced its stake in JPMorgan Core Plus Bond ETF (BATS:JCPB) by 6.4% during the 3rd quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission (SEC). The fund owned 519,157 shares of the company’s stock after selling 35,526 shares during the period. JPMorgan Core Plus Bond ETF accounts for approximately 1.1% of Steele Capital Management Inc.’s investment portfolio, making the stock its 21st biggest position. Steele Capital Management Inc. owned approximately 0.35% of JPMorgan Core Plus Bond ETF worth $24,686,000 as of its most recent SEC filing.

A number of other hedge funds also recently modified their holdings of JCPB. Parkworth Wealth Management Inc. acquired a new position in JPMorgan Core Plus Bond ETF in the 2nd quarter valued at about $29,000. GoalVest Advisory LLC bought a new stake in shares of JPMorgan Core Plus Bond ETF during the third quarter worth approximately $33,000. Total Investment Management Inc. acquired a new position in shares of JPMorgan Core Plus Bond ETF in the second quarter valued at approximately $37,000. Elevation Point Wealth Partners LLC acquired a new position in shares of JPMorgan Core Plus Bond ETF in the second quarter valued at approximately $57,000. Finally, Glass Jacobson Investment Advisors llc bought a new position in shares of JPMorgan Core Plus Bond ETF during the second quarter worth approximately $102,000.

JPMorgan Core Plus Bond ETF Trading Up 4.1%

BATS:JCPB opened at $47.49 on Friday. The stock has a 50 day simple moving average of $47.51 and a 200 day simple moving average of $47.31. The stock has a market cap of $6.98 billion, a P/E 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.

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.