Park Avenue Securities LLC Takes Position in JPMorgan Active Bond ETF $JBND

Park Avenue Securities LLC bought a new position in shares of JPMorgan Active Bond ETF (NYSEARCA:JBND) in the fourth quarter, according to its most recent filing with the Securities & Exchange Commission. The institutional investor bought 155,928 shares of the company’s stock, valued at approximately $8,431,000. Park Avenue Securities LLC owned 0.15% of JPMorgan Active Bond ETF at the end of the most recent quarter.

Other large investors also recently modified their holdings of the company. Aptus Capital Advisors LLC bought a new position in JPMorgan Active Bond ETF during the 3rd quarter valued at approximately $26,000. True Wealth Design LLC purchased a new stake in JPMorgan Active Bond ETF in the 3rd quarter worth approximately $36,000. Cornerstone Planning Group LLC bought a new stake in shares of JPMorgan Active Bond ETF in the 3rd quarter worth approximately $38,000. Whittier Trust Co. of Nevada Inc. bought a new stake in shares of JPMorgan Active Bond ETF in the 3rd quarter worth approximately $65,000. Finally, Advisory Services Network LLC purchased a new position in shares of JPMorgan Active Bond ETF during the third quarter valued at approximately $66,000.

JPMorgan Active Bond ETF Trading Down 0.8%

NYSEARCA:JBND opened at $53.46 on Friday. The firm’s fifty day simple moving average is $54.25 and its 200 day simple moving average is $54.24. JPMorgan Active Bond ETF has a twelve month low of $51.96 and a twelve month high of $55.78.

JPMorgan Active Bond ETF Cuts Dividend

The business also recently declared a monthly dividend, which was paid on Wednesday, March 4th. Investors of record on Monday, March 2nd were paid a $0.1734 dividend. This represents a c) dividend on an annualized basis and a 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.