MassMutual Private Wealth & Trust FSB Acquires New Shares in JPMorgan Active Bond ETF $JBND

MassMutual Private Wealth & Trust FSB bought a new stake in JPMorgan Active Bond ETF (NYSEARCA:JBND) during the fourth quarter, HoldingsChannel.com reports. The firm bought 47,529 shares of the company’s stock, valued at approximately $2,570,000.

Several other institutional investors have also recently bought and sold shares of JBND. Goldman Sachs Group Inc. bought a new position in shares of JPMorgan Active Bond ETF in the first quarter worth about $10,586,000. Kingsview Wealth Management LLC bought a new stake in shares of JPMorgan Active Bond ETF during the 2nd quarter valued at approximately $229,000. JPMorgan Chase & Co. increased its position in JPMorgan Active Bond ETF by 9.1% during the 2nd quarter. JPMorgan Chase & Co. now owns 570,031 shares of the company’s stock worth $30,548,000 after purchasing an additional 47,356 shares in the last quarter. Global Retirement Partners LLC acquired a new position in JPMorgan Active Bond ETF during the 2nd quarter worth approximately $5,105,000. Finally, Resolute Wealth Strategies LLC lifted its stake in JPMorgan Active Bond ETF by 51.9% in the 2nd quarter. Resolute Wealth Strategies LLC now owns 5,856 shares of the company’s stock valued at $314,000 after purchasing an additional 2,000 shares during the last quarter.

JPMorgan Active Bond ETF Stock Performance

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

JPMorgan Active Bond ETF Cuts Dividend

The company also recently declared a monthly dividend, which was paid on Wednesday, March 4th. Stockholders of record on Monday, March 2nd were paid a $0.1734 dividend. This represents a c) dividend on an annualized basis and a dividend yield of 3.9%. The ex-dividend date was Monday, March 2nd.

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.