Fortress Wealth Group LLC Has $1.02 Million Stake in JPMorgan Core Plus Bond ETF (BATS:JCPB)

Fortress Wealth Group LLC lifted its position in JPMorgan Core Plus Bond ETF (BATS:JCPB) by 3.1% in the 2nd quarter, according to the company in its most recent 13F filing with the SEC. The institutional investor owned 22,247 shares of the company’s stock after buying an additional 677 shares during the quarter. JPMorgan Core Plus Bond ETF comprises 0.6% of Fortress Wealth Group LLC’s investment portfolio, making the stock its 28th largest holding. Fortress Wealth Group LLC owned 0.08% of JPMorgan Core Plus Bond ETF worth $1,021,000 at the end of the most recent reporting period.

A number of other hedge funds have also recently added to or reduced their stakes in JCPB. Bank of America Corp DE increased its holdings in JPMorgan Core Plus Bond ETF by 76,151,200.0% in the fourth quarter. Bank of America Corp DE now owns 761,513 shares of the company’s stock worth $34,976,000 after buying an additional 761,512 shares during the last quarter. Baird Financial Group Inc. acquired a new position in JPMorgan Core Plus Bond ETF during the fourth quarter valued at approximately $563,000. Cetera Advisors LLC acquired a new position in JPMorgan Core Plus Bond ETF during the fourth quarter valued at approximately $279,000. Cetera Investment Advisers acquired a new position in JPMorgan Core Plus Bond ETF during the fourth quarter valued at approximately $222,000. Finally, Cetera Advisor Networks LLC acquired a new position in JPMorgan Core Plus Bond ETF during the fourth quarter valued at approximately $772,000.

JPMorgan Core Plus Bond ETF Stock Up 1.4 %

JCPB stock traded up $0.63 during midday trading on Wednesday, hitting $45.03. 275,537 shares of the company traded hands. The firm’s fifty day simple moving average is $44.53 and its 200 day simple moving average is $45.74.

JPMorgan Core Plus Bond ETF Increases Dividend

The business also recently declared a dividend, which was paid on Thursday, October 5th. Shareholders of record on Tuesday, October 3rd were issued a dividend of $0.1849 per share. The ex-dividend date was Monday, October 2nd. This is an increase from JPMorgan Core Plus Bond ETF’s previous dividend of $0.17.

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.