Jones Financial Companies Lllp Increases Position in JPMorgan Active Bond ETF $JBND

Jones Financial Companies Lllp boosted its holdings in JPMorgan Active Bond ETF (NYSEARCA:JBND) by 77.8% during the 3rd quarter, HoldingsChannel.com reports. The institutional investor owned 581,181 shares of the company’s stock after purchasing an additional 254,329 shares during the quarter. Jones Financial Companies Lllp’s holdings in JPMorgan Active Bond ETF were worth $31,419,000 as of its most recent SEC filing.

Other hedge funds and other institutional investors also recently bought and sold shares of the company. True Wealth Design LLC purchased a new position in shares of JPMorgan Active Bond ETF in the 3rd quarter valued at about $36,000. Mark Sheptoff Financial Planning LLC increased its stake in JPMorgan Active Bond ETF by 42.3% in the second quarter. Mark Sheptoff Financial Planning LLC now owns 797 shares of the company’s stock valued at $43,000 after purchasing an additional 237 shares during the last quarter. Assetmark Inc. purchased a new position in JPMorgan Active Bond ETF in the second quarter valued at approximately $55,000. Whittier Trust Co. of Nevada Inc. acquired a new stake in JPMorgan Active Bond ETF during the third quarter worth approximately $65,000. Finally, Cary Street Partners Financial LLC lifted its position in shares of JPMorgan Active Bond ETF by 414.7% during the 2nd quarter. Cary Street Partners Financial LLC now owns 1,925 shares of the company’s stock worth $103,000 after buying an additional 1,551 shares during the last quarter.

JPMorgan Active Bond ETF Stock Down 0.4%

Shares of JBND stock opened at $53.92 on Tuesday. The stock’s 50-day moving average is $54.16 and its two-hundred day moving average is $54.05. JPMorgan Active Bond ETF has a 1 year low of $51.96 and a 1 year high of $55.78.

JPMorgan Active Bond ETF Increases Dividend

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

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.