JPMorgan Active Bond ETF $JBND Shares Bought by HighTower Advisors LLC

HighTower Advisors LLC raised its holdings in JPMorgan Active Bond ETF (NYSEARCA:JBND) by 3.4% in the 3rd quarter, according to its most recent 13F filing with the Securities & Exchange Commission. The firm owned 292,848 shares of the company’s stock after buying an additional 9,662 shares during the period. HighTower Advisors LLC owned approximately 0.41% of JPMorgan Active Bond ETF worth $15,861,000 as of its most recent SEC filing.

A number of other large investors have also modified their holdings of the stock. Goldman Sachs Group Inc. acquired a new stake in shares of JPMorgan Active Bond ETF in the first quarter valued at $10,586,000. Envestnet Portfolio Solutions Inc. purchased a new stake in JPMorgan Active Bond ETF during the 2nd quarter worth about $222,000. Bleakley Financial Group LLC acquired a new stake in JPMorgan Active Bond ETF in the 2nd quarter valued at about $1,583,000. Opes Wealth Management LLC raised its position in JPMorgan Active Bond ETF by 10.1% in the 2nd quarter. Opes Wealth Management LLC now owns 170,970 shares of the company’s stock valued at $9,162,000 after purchasing an additional 15,630 shares in the last quarter. Finally, Insight Wealth Partners LLC boosted its stake in shares of JPMorgan Active Bond ETF by 7.4% in the 2nd quarter. Insight Wealth Partners LLC now owns 94,436 shares of the company’s stock valued at $5,061,000 after buying an additional 6,500 shares during the period.

JPMorgan Active Bond ETF Stock Performance

JBND stock opened at $54.65 on Friday. The company’s 50 day moving average price is $54.20 and its 200 day moving average price is $54.14. 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 Increases Dividend

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

About JPMorgan Active Bond ETF

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.