JPMorgan Active Bond ETF $JBND Shares Purchased by Means Investment CO. Inc.

Means Investment CO. Inc. raised its holdings in JPMorgan Active Bond ETF (NYSEARCA:JBND) by 9.9% during the third quarter, Holdings Channel reports. The institutional investor owned 400,011 shares of the company’s stock after buying an additional 35,894 shares during the period. JPMorgan Active Bond ETF makes up about 1.9% of Means Investment CO. Inc.’s holdings, making the stock its 15th largest position. Means Investment CO. Inc.’s holdings in JPMorgan Active Bond ETF were worth $21,665,000 at the end of the most recent reporting period.

Several other institutional investors and hedge funds have also made changes to their positions in JBND. True Wealth Design LLC purchased a new position in shares of JPMorgan Active Bond ETF in the 3rd quarter valued at about $36,000. Cornerstone Planning Group LLC acquired a new position in JPMorgan Active Bond ETF in the third quarter valued at approximately $38,000. Mark Sheptoff Financial Planning LLC boosted its holdings in JPMorgan Active Bond ETF by 42.3% in the second quarter. Mark Sheptoff Financial Planning LLC now owns 797 shares of the company’s stock valued at $43,000 after purchasing an additional 237 shares in the last quarter. Assetmark Inc. purchased a new position in JPMorgan Active Bond ETF in the second quarter valued at approximately $55,000. Finally, Whittier Trust Co. of Nevada Inc. acquired a new stake in JPMorgan Active Bond ETF during the third quarter worth approximately $65,000.

JPMorgan Active Bond ETF Stock Performance

Shares of JPMorgan Active Bond ETF stock opened at $54.17 on Tuesday. The company has a fifty day simple moving average of $54.12 and a 200-day simple moving average of $54.08. JPMorgan Active Bond ETF has a 12-month low of $51.96 and a 12-month high of $55.78.

JPMorgan Active Bond ETF Increases Dividend

The company also recently disclosed a monthly dividend, which was paid on Wednesday, February 4th. Shareholders of record on Monday, February 2nd were issued a dividend of $0.1891 per share. The ex-dividend date of this dividend was Monday, February 2nd. This is a positive change from JPMorgan Active Bond ETF’s previous monthly dividend of $0.19. This represents a c) annualized dividend and a dividend yield of 4.2%.

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.