JPMorgan Active Bond ETF $JBND Shares Bought by Means Investment CO. Inc.

Means Investment CO. Inc. raised its holdings in JPMorgan Active Bond ETF (NYSEARCA:JBND) by 9.9% during the third quarter, according to its most recent disclosure with the Securities & Exchange Commission. The firm owned 400,011 shares of the company’s stock after purchasing an additional 35,894 shares during the quarter. JPMorgan Active Bond ETF accounts for 1.9% of Means Investment CO. Inc.’s holdings, making the stock its 15th largest holding. Means Investment CO. Inc. owned 0.56% of JPMorgan Active Bond ETF worth $21,665,000 as of its most recent SEC filing.

Other hedge funds have also modified their holdings of the company. True Wealth Design LLC purchased a new stake in JPMorgan Active Bond ETF in the 3rd quarter valued at about $36,000. Cornerstone Planning Group LLC acquired a new stake in shares of JPMorgan Active Bond ETF during the third quarter valued at about $38,000. Mark Sheptoff Financial Planning LLC increased its position in shares of JPMorgan Active Bond ETF by 42.3% during the second quarter. Mark Sheptoff Financial Planning LLC now owns 797 shares of the company’s stock valued at $43,000 after acquiring an additional 237 shares during the last quarter. Assetmark Inc. purchased a new stake in shares of JPMorgan Active Bond ETF in the 2nd quarter valued at approximately $55,000. Finally, Whittier Trust Co. of Nevada Inc. acquired a new position in shares of JPMorgan Active Bond ETF in the 3rd quarter worth approximately $65,000.

JPMorgan Active Bond ETF Stock Up 0.0%

NYSEARCA:JBND opened at $54.17 on Tuesday. JPMorgan Active Bond ETF has a fifty-two week low of $51.96 and a fifty-two week high of $55.78. The company has a 50 day moving average price of $54.12 and a 200 day moving average price of $54.08.

JPMorgan Active Bond ETF Increases Dividend

The company also recently declared a monthly dividend, which was paid on Wednesday, February 4th. Stockholders of record on Monday, February 2nd were given a dividend of $0.1891 per share. This is an increase from JPMorgan Active Bond ETF’s previous monthly dividend of $0.19. This represents a c) annualized dividend and a dividend yield of 4.2%. The ex-dividend date was Monday, February 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.