US Bancorp DE Has $917,000 Stake in JPMorgan Active Bond ETF $JBND

US Bancorp DE reduced its stake in shares of JPMorgan Active Bond ETF (NYSEARCA:JBND) by 35.3% in the third quarter, according to its most recent filing with the SEC. The institutional investor owned 16,925 shares of the company’s stock after selling 9,243 shares during the period. US Bancorp DE’s holdings in JPMorgan Active Bond ETF were worth $917,000 as of its most recent filing with the SEC.

Several other institutional investors and hedge funds have also recently modified their holdings of JBND. GGM Financials LLC lifted its holdings in shares of JPMorgan Active Bond ETF by 64.9% in the third quarter. GGM Financials LLC now owns 19,922 shares of the company’s stock valued at $1,079,000 after purchasing an additional 7,844 shares in the last quarter. Cary Street Partners Financial LLC grew its holdings in JPMorgan Active Bond ETF by 10.2% during the third quarter. Cary Street Partners Financial LLC now owns 2,121 shares of the company’s stock worth $115,000 after buying an additional 196 shares in the last quarter. Vawter Financial Ltd. grew its holdings in JPMorgan Active Bond ETF by 857.9% during the third quarter. Vawter Financial Ltd. now owns 135,047 shares of the company’s stock worth $7,314,000 after buying an additional 120,949 shares in the last quarter. Lake Street Private Wealth LLC purchased a new stake in JPMorgan Active Bond ETF in the 3rd quarter valued at $223,000. Finally, Bleakley Financial Group LLC raised its position in JPMorgan Active Bond ETF by 88.9% in the 3rd quarter. Bleakley Financial Group LLC now owns 55,806 shares of the company’s stock valued at $3,022,000 after buying an additional 26,264 shares during the last quarter.

JPMorgan Active Bond ETF Stock Performance

Shares of NYSEARCA:JBND opened at $54.26 on Friday. The stock’s fifty day simple moving average is $54.28 and its two-hundred day simple moving average is $54.22. JPMorgan Active Bond ETF has a 1-year low of $51.96 and a 1-year high of $55.78.

JPMorgan Active Bond ETF Cuts Dividend

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

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.