US Bancorp DE Sells 9,243 Shares of JPMorgan Active Bond ETF $JBND

US Bancorp DE lowered its stake in shares of JPMorgan Active Bond ETF (NYSEARCA:JBND) by 35.3% in the 3rd quarter, HoldingsChannel reports. The firm owned 16,925 shares of the company’s stock after selling 9,243 shares during the quarter. US Bancorp DE’s holdings in JPMorgan Active Bond ETF were worth $917,000 as of its most recent filing with the Securities & Exchange Commission.

A number of other hedge funds also recently modified their holdings of the stock. Bridgewater Advisors Inc. bought a new position in JPMorgan Active Bond ETF during the third quarter valued at $53,477,000. Cetera Investment Advisers raised its stake in shares of 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 buying an additional 661,624 shares during the period. JPMorgan Chase & Co. raised its stake in shares of JPMorgan Active Bond ETF by 111.4% in the third quarter. JPMorgan Chase & Co. now owns 1,205,117 shares of the company’s stock valued at $65,269,000 after buying an additional 635,086 shares during the period. Essex LLC lifted its position in shares of JPMorgan Active Bond ETF by 1,064.1% during the 3rd quarter. Essex LLC now owns 423,720 shares of the company’s stock valued at $22,949,000 after buying an additional 387,320 shares during the last quarter. Finally, Ocean Park Asset Management LLC purchased a new position in shares of JPMorgan Active Bond ETF during the 3rd quarter valued at $19,048,000.

JPMorgan Active Bond ETF Trading Down 0.1%

JBND stock opened at $54.26 on Friday. The stock has a fifty day moving average of $54.28 and a 200-day moving average of $54.22. JPMorgan Active Bond ETF has a fifty-two week low of $51.96 and a fifty-two week high of $55.78.

JPMorgan Active Bond ETF Cuts Dividend

The firm also recently disclosed a monthly dividend, which was paid on Wednesday, March 4th. Shareholders of record on Monday, March 2nd were issued a dividend of $0.1734 per share. The ex-dividend date of this dividend was Monday, March 2nd. This represents a c) annualized dividend and a yield of 3.8%.

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.