IFP Advisors Inc Purchases 10,214 Shares of JPMorgan Active Bond ETF $JBND

IFP Advisors Inc raised its holdings in shares of JPMorgan Active Bond ETF (NYSEARCA:JBND) by 21.0% during the 3rd quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The fund owned 58,909 shares of the company’s stock after purchasing an additional 10,214 shares during the period. IFP Advisors Inc owned approximately 0.08% of JPMorgan Active Bond ETF worth $3,190,000 at the end of the most recent quarter.

A number of other institutional investors and hedge funds have also modified their holdings of JBND. Cary Street Partners Financial LLC lifted its holdings in shares of JPMorgan Active Bond ETF by 10.2% during the third quarter. Cary Street Partners Financial LLC now owns 2,121 shares of the company’s stock valued at $115,000 after purchasing an additional 196 shares in the last quarter. Western Wealth Management LLC increased its holdings in JPMorgan Active Bond ETF by 0.7% in the 3rd quarter. Western Wealth Management LLC now owns 40,340 shares of the company’s stock worth $2,185,000 after buying an additional 265 shares in the last quarter. High Falls Advisors Inc increased its holdings in JPMorgan Active Bond ETF by 11.0% in the 3rd quarter. High Falls Advisors Inc now owns 4,323 shares of the company’s stock worth $234,000 after buying an additional 428 shares in the last quarter. Total Clarity Wealth Management Inc. raised its position in JPMorgan Active Bond ETF by 4.1% in the 3rd quarter. Total Clarity Wealth Management Inc. now owns 11,864 shares of the company’s stock worth $643,000 after buying an additional 464 shares during the last quarter. Finally, Northwest Financial Advisors lifted its stake in JPMorgan Active Bond ETF by 1.1% during the 3rd quarter. Northwest Financial Advisors now owns 42,390 shares of the company’s stock valued at $2,296,000 after acquiring an additional 475 shares during the period.

JPMorgan Active Bond ETF Stock Performance

JBND opened at $53.46 on Friday. The company’s 50-day simple moving average is $54.25 and its two-hundred day simple moving average is $54.24. JPMorgan Active Bond ETF has a 52-week low of $51.96 and a 52-week high of $55.78.

JPMorgan Active Bond ETF Cuts Dividend

The business also recently disclosed a monthly dividend, which was paid on Wednesday, March 4th. Stockholders of record on Monday, March 2nd were issued a dividend of $0.1734 per share. This represents a c) annualized dividend 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.