Private Advisor Group LLC Has $107.71 Million Stock Holdings in JPMorgan Active Bond ETF $JBND

Private Advisor Group LLC raised its holdings in JPMorgan Active Bond ETF (NYSEARCA:JBNDFree Report) by 293.8% during the third quarter, according to its most recent disclosure with the Securities and Exchange Commission. The institutional investor owned 1,988,733 shares of the company’s stock after buying an additional 1,483,659 shares during the period. JPMorgan Active Bond ETF comprises about 0.5% of Private Advisor Group LLC’s holdings, making the stock its 28th largest position. Private Advisor Group LLC owned approximately 2.76% of JPMorgan Active Bond ETF worth $107,710,000 at the end of the most recent quarter.

Other hedge funds have also recently made changes to their positions in the company. Aptus Capital Advisors LLC acquired a new stake in shares of JPMorgan Active Bond ETF in the 3rd quarter worth about $26,000. True Wealth Design LLC bought a new position in JPMorgan Active Bond ETF in the 3rd quarter valued at about $36,000. Cornerstone Planning Group LLC acquired a new position in JPMorgan Active Bond ETF during the 3rd quarter valued at about $38,000. Assetmark Inc. acquired a new position in JPMorgan Active Bond ETF during the 2nd quarter valued at about $55,000. Finally, Whittier Trust Co. of Nevada Inc. bought a new stake in JPMorgan Active Bond ETF during the 3rd quarter worth approximately $65,000.

JPMorgan Active Bond ETF Price Performance

Shares of JPMorgan Active Bond ETF stock opened at $54.26 on Monday. JPMorgan Active Bond ETF has a 52 week low of $51.96 and a 52 week high of $55.78. The business has a 50 day moving average price of $54.28 and a 200-day moving average price of $54.23.

JPMorgan Active Bond ETF Cuts Dividend

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

About JPMorgan Active Bond ETF

(Free Report)

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.

Further Reading

Institutional Ownership by Quarter for JPMorgan Active Bond ETF (NYSEARCA:JBND)

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