Pinnacle Bancorp Inc. Takes Position in JPMorgan Core Plus Bond ETF (BATS:JCPB)

Pinnacle Bancorp Inc. purchased a new stake in JPMorgan Core Plus Bond ETF (BATS:JCPB) in the 1st quarter, HoldingsChannel reports. The fund purchased 1,205 shares of the company’s stock, valued at approximately $56,000.

Other institutional investors and hedge funds also recently made changes to their positions in the company. Joseph Group Capital Management bought a new stake in shares of JPMorgan Core Plus Bond ETF during the 4th quarter valued at about $35,000. Whittier Trust Co. of Nevada Inc. bought a new stake in shares of JPMorgan Core Plus Bond ETF during the 4th quarter valued at about $63,000. AdvisorNet Financial Inc boosted its position in shares of JPMorgan Core Plus Bond ETF by 14.2% during the 4th quarter. AdvisorNet Financial Inc now owns 3,425 shares of the company’s stock valued at $161,000 after purchasing an additional 425 shares in the last quarter. Criterion Capital Advisors LLC bought a new stake in shares of JPMorgan Core Plus Bond ETF during the 4th quarter valued at about $200,000. Finally, Silver Oak Securities Incorporated bought a new stake in shares of JPMorgan Core Plus Bond ETF during the 4th quarter valued at about $217,000.

JPMorgan Core Plus Bond ETF Trading Down 0.4 %

Shares of BATS:JCPB opened at $46.33 on Friday. The business has a 50-day moving average price of $46.05 and a 200 day moving average price of $46.33. The company has a market capitalization of $2.98 billion, a price-to-earnings ratio of 2.20 and a beta of 0.17.

JPMorgan Core Plus Bond ETF Increases Dividend

The company also recently declared a dividend, which was paid on Wednesday, June 5th. Shareholders of record on Monday, June 3rd were issued a $0.1974 dividend. The ex-dividend date was Monday, June 3rd. This is a positive change from JPMorgan Core Plus Bond ETF’s previous dividend of $0.19.

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.