Opes Wealth Management LLC Purchases 12,210 Shares of JPMorgan Active Bond ETF $JBND

Opes Wealth Management LLC boosted its position in JPMorgan Active Bond ETF (NYSEARCA:JBND) by 7.1% in the 3rd quarter, HoldingsChannel reports. The firm owned 183,180 shares of the company’s stock after acquiring an additional 12,210 shares during the period. JPMorgan Active Bond ETF makes up about 1.7% of Opes Wealth Management LLC’s portfolio, making the stock its 17th largest position. Opes Wealth Management LLC’s holdings in JPMorgan Active Bond ETF were worth $9,921,000 at the end of the most recent quarter.

A number of other hedge funds and other institutional investors have also bought and sold shares of the business. Captrust Financial Advisors acquired a new position in JPMorgan Active Bond ETF during the third quarter worth approximately $226,490,000. Private Advisor Group LLC boosted its stake in shares of JPMorgan Active Bond ETF by 293.8% during the 3rd quarter. Private Advisor Group LLC now owns 1,988,733 shares of the company’s stock worth $107,710,000 after acquiring an additional 1,483,659 shares during the period. Ameriprise Financial Inc. bought a new position in shares of JPMorgan Active Bond ETF during the 3rd quarter worth approximately $72,691,000. Bridgewater Advisors Inc. acquired a new position in shares of JPMorgan Active Bond ETF during the 3rd quarter worth approximately $53,477,000. Finally, Raymond James Financial Inc. increased its holdings in shares of JPMorgan Active Bond ETF by 171.6% during the 3rd quarter. Raymond James Financial Inc. now owns 1,026,382 shares of the company’s stock worth $55,589,000 after acquiring an additional 648,507 shares during the last quarter.

JPMorgan Active Bond ETF Stock Up 0.1%

Shares of JPMorgan Active Bond ETF stock opened at $54.03 on Wednesday. The business has a fifty day simple moving average of $54.27 and a two-hundred day simple moving average of $54.24. 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 business also recently disclosed a monthly dividend, which was paid on Wednesday, March 4th. Stockholders of record on Monday, March 2nd were given a $0.1734 dividend. The ex-dividend date of this dividend was Monday, March 2nd. This represents a c) annualized dividend and a dividend yield of 3.9%.

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.