JPMorgan Active Bond ETF $JBND Shares Acquired by Pinnacle Wealth Management LLC

Pinnacle Wealth Management LLC increased its holdings in shares of JPMorgan Active Bond ETF (NYSEARCA:JBND) by 12.0% during the third quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The fund owned 265,398 shares of the company’s stock after acquiring an additional 28,471 shares during the period. JPMorgan Active Bond ETF comprises approximately 9.7% of Pinnacle Wealth Management LLC’s holdings, making the stock its 3rd largest holding. Pinnacle Wealth Management LLC owned approximately 0.37% of JPMorgan Active Bond ETF worth $14,374,000 at the end of the most recent quarter.

Several other hedge funds and other institutional investors have also bought and sold shares of JBND. Cary Street Partners Financial LLC boosted its stake in JPMorgan Active Bond ETF by 10.2% in the 3rd quarter. Cary Street Partners Financial LLC now owns 2,121 shares of the company’s stock valued at $115,000 after purchasing an additional 196 shares during the period. Mark Sheptoff Financial Planning LLC grew its position in JPMorgan Active Bond ETF by 42.3% in the 2nd quarter. Mark Sheptoff Financial Planning LLC now owns 797 shares of the company’s stock worth $43,000 after purchasing an additional 237 shares in the last quarter. Western Wealth Management LLC lifted its position in shares of JPMorgan Active Bond ETF by 0.7% during the 3rd quarter. Western Wealth Management LLC now owns 40,340 shares of the company’s stock worth $2,185,000 after buying an additional 265 shares in the last quarter. Northwest Financial Advisors boosted its holdings in shares of JPMorgan Active Bond ETF by 1.1% in the 3rd quarter. Northwest Financial Advisors now owns 42,390 shares of the company’s stock worth $2,296,000 after buying an additional 475 shares during the last quarter. Finally, Ignite Planners LLC grew its position in shares of JPMorgan Active Bond ETF by 12.0% during the 3rd quarter. Ignite Planners LLC now owns 4,654 shares of the company’s stock valued at $252,000 after acquiring an additional 498 shares during the period.

JPMorgan Active Bond ETF Stock Performance

Shares of NYSEARCA JBND opened at $54.73 on Thursday. 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 simple moving average of $54.24 and a two-hundred day simple moving average of $54.17.

JPMorgan Active Bond ETF Increases Dividend

The company also recently announced a monthly dividend, which was paid on Wednesday, February 4th. Stockholders of record on Monday, February 2nd were issued a $0.1891 dividend. This is a positive change from JPMorgan Active Bond ETF’s previous monthly dividend of $0.19. This represents a c) annualized dividend and a dividend yield of 4.1%. The ex-dividend date was Monday, February 2nd.

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.