Smithbridge Asset Management Inc. DE Makes New Investment in JPMorgan Active Bond ETF $JBND

Smithbridge Asset Management Inc. DE purchased a new stake in shares of JPMorgan Active Bond ETF (NYSEARCA:JBND) in the third quarter, according to its most recent 13F filing with the SEC. The fund purchased 285,340 shares of the company’s stock, valued at approximately $15,454,000. JPMorgan Active Bond ETF makes up 2.2% of Smithbridge Asset Management Inc. DE’s investment portfolio, making the stock its 10th largest position.

A number of other institutional investors and hedge funds also recently made changes to their positions in the business. Beaumont Financial Advisors LLC boosted its stake in JPMorgan Active Bond ETF by 1.8% during the second quarter. Beaumont Financial Advisors LLC now owns 13,323 shares of the company’s stock valued at $714,000 after buying an additional 232 shares during the period. Mark Sheptoff Financial Planning LLC raised its holdings in shares of 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 valued at $43,000 after acquiring an additional 237 shares in the last quarter. Ignite Planners LLC raised its holdings in shares of JPMorgan Active Bond ETF by 12.0% in 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 in the last quarter. Harbour Investments Inc. boosted its position in shares of JPMorgan Active Bond ETF by 21.5% during the 2nd quarter. Harbour Investments Inc. now owns 2,890 shares of the company’s stock valued at $155,000 after acquiring an additional 511 shares during the last quarter. Finally, Geneos Wealth Management Inc. grew its holdings in shares of JPMorgan Active Bond ETF by 28.2% during the third quarter. Geneos Wealth Management Inc. now owns 2,717 shares of the company’s stock worth $147,000 after purchasing an additional 597 shares in the last quarter.

JPMorgan Active Bond ETF Stock Performance

JBND stock opened at $54.07 on Friday. The company’s 50 day moving average is $54.20 and its 200 day moving average is $53.96. 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 declared a monthly dividend, which was paid on Wednesday, December 17th. Stockholders of record on Monday, December 15th were issued a $0.031 dividend. The ex-dividend date of this dividend was Monday, December 15th. This represents a c) dividend on an annualized basis and a dividend yield of 0.7%.

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.