JPMorgan Chase & Co. Increases Holdings in JPMorgan Active Bond ETF $JBND

JPMorgan Chase & Co. boosted its position in shares of JPMorgan Active Bond ETF (NYSEARCA:JBND) by 111.4% during the third quarter, Holdings Channel reports. The firm owned 1,205,117 shares of the company’s stock after buying an additional 635,086 shares during the quarter. JPMorgan Chase & Co.’s holdings in JPMorgan Active Bond ETF were worth $65,269,000 at the end of the most recent reporting period.

Other large investors also recently bought and sold shares of the company. Goldman Sachs Group Inc. acquired a new position in shares of JPMorgan Active Bond ETF during the 1st quarter worth $10,586,000. Kingsview Wealth Management LLC purchased a new stake in shares of JPMorgan Active Bond ETF in the 2nd quarter worth about $229,000. Archer Investment Corp grew its stake in JPMorgan Active Bond ETF by 135.6% in the 2nd quarter. Archer Investment Corp now owns 21,693 shares of the company’s stock valued at $1,163,000 after acquiring an additional 12,486 shares during the last quarter. Global Retirement Partners LLC purchased a new position in JPMorgan Active Bond ETF during the 2nd quarter valued at about $5,105,000. Finally, Resolute Wealth Strategies LLC increased its holdings in JPMorgan Active Bond ETF by 51.9% during the 2nd quarter. Resolute Wealth Strategies LLC now owns 5,856 shares of the company’s stock valued at $314,000 after acquiring an additional 2,000 shares in the last quarter.

JPMorgan Active Bond ETF Stock Performance

Shares of JBND opened at $53.90 on Friday. JPMorgan Active Bond ETF has a 12-month low of $51.96 and a 12-month high of $55.78. The company has a 50-day moving average of $54.26 and a two-hundred day moving average of $54.24.

JPMorgan Active Bond ETF Cuts Dividend

The firm also recently disclosed a monthly dividend, which was paid on Wednesday, March 4th. Stockholders of record on Monday, March 2nd were paid a dividend of $0.1734 per share. This represents a c) dividend on an annualized basis and a dividend yield of 3.9%. The ex-dividend date of this dividend was Monday, March 2nd.

JPMorgan Active Bond ETF Profile

The JPMorgan Active Bond ETF (JBND) is an exchange-traded fund that mostly invests in investment grade fixed income. The fund is actively managed, investing in a diverse portfolio of U.S. dollar-denominated, investment grade bonds JBND was launched on Oct 11, 2023 and is issued by JPMorgan Chase.