AE Wealth Management LLC Purchases 40,828 Shares of JPMorgan Active Bond ETF $JBND

AE Wealth Management LLC grew its holdings in shares of JPMorgan Active Bond ETF (NYSEARCA:JBND) by 363.9% in the 3rd quarter, according to its most recent 13F filing with the Securities & Exchange Commission. The fund owned 52,049 shares of the company’s stock after purchasing an additional 40,828 shares during the quarter. AE Wealth Management LLC owned approximately 0.07% of JPMorgan Active Bond ETF worth $2,819,000 as of its most recent filing with the Securities & Exchange Commission.

Several other institutional investors have also recently made changes to their positions in the business. Dynasty Wealth Management LLC purchased a new stake in JPMorgan Active Bond ETF in the 3rd quarter worth $9,235,000. Cetera Investment Advisers boosted its stake in shares of JPMorgan Active Bond ETF by 63.7% in the second quarter. Cetera Investment Advisers now owns 1,700,150 shares of the company’s stock worth $91,111,000 after acquiring an additional 661,624 shares during the period. Bay Colony Advisory Group Inc d b a Bay Colony Advisors purchased a new stake in shares of JPMorgan Active Bond ETF during the third quarter worth about $554,000. Vestmark Advisory Solutions Inc. bought a new stake in JPMorgan Active Bond ETF during the 2nd quarter valued at approximately $1,887,000. Finally, Sonoma Allocations LLC bought a new stake in JPMorgan Active Bond ETF during the 3rd quarter valued at approximately $14,568,000.

JPMorgan Active Bond ETF Stock Performance

JBND stock opened at $53.99 on Monday. JPMorgan Active Bond ETF has a 1-year low of $51.96 and a 1-year high of $55.78. The business has a 50 day simple moving average of $54.18 and a two-hundred day simple moving average of $54.04.

JPMorgan Active Bond ETF Increases Dividend

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

JPMorgan Active Bond ETF Company 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.