Madison Park Capital Advisors LLC Buys Shares of 9,302 JPMorgan Active Bond ETF $JBND

Madison Park Capital Advisors LLC purchased a new position in shares of JPMorgan Active Bond ETF (NYSEARCA:JBND) during the 3rd quarter, Holdings Channel.com reports. The institutional investor purchased 9,302 shares of the company’s stock, valued at approximately $504,000.

Several other large investors have also recently added to or reduced their stakes in JBND. CWM LLC boosted its position in JPMorgan Active Bond ETF by 834.2% in the 2nd quarter. CWM LLC now owns 978,086 shares of the company’s stock valued at $52,416,000 after buying an additional 873,387 shares during the period. Cetera Investment Advisers boosted its holdings in JPMorgan Active Bond ETF by 63.7% in the second quarter. Cetera Investment Advisers now owns 1,700,150 shares of the company’s stock valued at $91,111,000 after purchasing an additional 661,624 shares during the period. CGC Financial Services LLC acquired a new position in JPMorgan Active Bond ETF during the 2nd quarter worth $23,749,000. Essex LLC increased its holdings in JPMorgan Active Bond ETF by 1,064.1% during the 3rd quarter. Essex LLC now owns 423,720 shares of the company’s stock worth $22,949,000 after purchasing an additional 387,320 shares during the period. Finally, Sagespring Wealth Partners LLC purchased a new stake in JPMorgan Active Bond ETF during the 2nd quarter worth about $19,745,000.

JPMorgan Active Bond ETF Price Performance

Shares of JPMorgan Active Bond ETF stock opened at $54.12 on Friday. The business has a 50-day simple moving average of $54.18 and a 200-day simple moving average of $54.02. JPMorgan Active Bond ETF has a one year low of $51.96 and a one year high of $55.78.

JPMorgan Active Bond ETF Cuts Dividend

The company also recently disclosed a monthly dividend, which was paid on Wednesday, December 17th. Stockholders of record on Monday, December 15th were issued a $0.031 dividend. This represents a c) dividend on an annualized basis and a dividend yield of 0.7%. The ex-dividend date was Monday, December 15th.

JPMorgan Active Bond ETF Company 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.