Lake Street Private Wealth LLC Has $1.08 Million Position in JPMorgan Active Bond ETF $JBND

Lake Street Private Wealth LLC lifted its position in shares of JPMorgan Active Bond ETF (NYSEARCA:JBND) by 382.6% in the fourth quarter, HoldingsChannel.com reports. The fund owned 19,906 shares of the company’s stock after buying an additional 15,781 shares during the period. Lake Street Private Wealth LLC’s holdings in JPMorgan Active Bond ETF were worth $1,076,000 at the end of the most recent reporting period.

Several other large investors have also made changes to their positions in the company. MassMutual Private Wealth & Trust FSB bought a new position in JPMorgan Active Bond ETF in the fourth quarter valued at approximately $2,570,000. Baldwin Wealth Partners LLC MA raised its position in JPMorgan Active Bond ETF by 3.8% during the fourth quarter. Baldwin Wealth Partners LLC MA now owns 1,456,617 shares of the company’s stock valued at $78,759,000 after purchasing an additional 53,745 shares in the last quarter. Sagespring Wealth Partners LLC lifted its stake in JPMorgan Active Bond ETF by 2.0% during the fourth quarter. Sagespring Wealth Partners LLC now owns 548,417 shares of the company’s stock worth $29,653,000 after purchasing an additional 10,526 shares during the last quarter. TrueWealth Advisors LLC lifted its stake in JPMorgan Active Bond ETF by 24.5% during the fourth quarter. TrueWealth Advisors LLC now owns 15,754 shares of the company’s stock worth $852,000 after purchasing an additional 3,098 shares during the last quarter. Finally, Park Avenue Securities LLC acquired a new stake in shares of JPMorgan Active Bond ETF in the 4th quarter valued at $8,431,000.

JPMorgan Active Bond ETF Trading Down 0.8%

Shares of JBND opened at $53.46 on Friday. JPMorgan Active Bond ETF has a 52-week low of $51.96 and a 52-week high of $55.78. The business’s fifty day moving average is $54.25 and its 200-day moving average is $54.24.

JPMorgan Active Bond ETF Cuts Dividend

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