Focus Financial Network Inc. Purchases 12,535 Shares of JPMorgan Active Bond ETF $JBND

Focus Financial Network Inc. grew its position in shares of JPMorgan Active Bond ETF (NYSEARCA:JBND) by 49.0% in the 3rd quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission. The fund owned 38,119 shares of the company’s stock after acquiring an additional 12,535 shares during the period. Focus Financial Network Inc. owned about 0.06% of JPMorgan Active Bond ETF worth $2,065,000 as of its most recent SEC filing.

Several other large investors also recently modified their holdings of the business. CWM LLC raised its position in JPMorgan Active Bond ETF by 834.2% during the 2nd quarter. CWM LLC now owns 978,086 shares of the company’s stock valued at $52,416,000 after purchasing an additional 873,387 shares during the last quarter. Cetera Investment Advisers increased its stake in shares of JPMorgan Active Bond ETF by 63.7% during the second quarter. Cetera Investment Advisers now owns 1,700,150 shares of the company’s stock valued at $91,111,000 after buying an additional 661,624 shares during the period. Lifelong Wealth Advisors Inc. bought a new position in shares of JPMorgan Active Bond ETF during the second quarter valued at approximately $30,336,000. Raymond James Financial Inc. bought a new position in shares of JPMorgan Active Bond ETF during the first quarter valued at approximately $24,544,000. Finally, CGC Financial Services LLC purchased a new stake in JPMorgan Active Bond ETF in the second quarter worth $23,749,000.

JPMorgan Active Bond ETF Trading Down 0.2%

NYSEARCA:JBND opened at $54.18 on Friday. The firm’s fifty day simple moving average is $54.30 and its 200 day simple moving average is $53.81. JPMorgan Active Bond ETF has a twelve month low of $51.65 and a twelve month high of $55.78.

JPMorgan Active Bond ETF Cuts Dividend

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

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.