Wealth Enhancement Advisory Services LLC Sells 25,761 Shares of JPMorgan Active Bond ETF $JBND

Wealth Enhancement Advisory Services LLC trimmed its holdings in JPMorgan Active Bond ETF (NYSEARCA:JBND) by 6.3% in the 3rd quarter, according to its most recent disclosure with the Securities & Exchange Commission. The institutional investor owned 386,302 shares of the company’s stock after selling 25,761 shares during the period. Wealth Enhancement Advisory Services LLC owned 0.56% of JPMorgan Active Bond ETF worth $20,895,000 as of its most recent SEC filing.

Several other hedge funds also recently modified their holdings of the business. Intrua Financial LLC raised its holdings in shares of JPMorgan Active Bond ETF by 2.5% during the 3rd quarter. Intrua Financial LLC now owns 673,748 shares of the company’s stock valued at $36,490,000 after purchasing an additional 16,537 shares in the last quarter. Smithbridge Asset Management Inc. DE bought a new position in JPMorgan Active Bond ETF during the third quarter valued at about $15,454,000. Sequoia Financial Advisors LLC bought a new position in JPMorgan Active Bond ETF during the third quarter valued at about $5,432,000. Sterling Investment Advisors Ltd. lifted its position in shares of JPMorgan Active Bond ETF by 3.7% in the third quarter. Sterling Investment Advisors Ltd. now owns 22,610 shares of the company’s stock worth $1,225,000 after buying an additional 800 shares during the last quarter. Finally, Nwam LLC boosted its stake in shares of JPMorgan Active Bond ETF by 28.6% during the 3rd quarter. Nwam LLC now owns 5,664 shares of the company’s stock worth $310,000 after acquiring an additional 1,260 shares in the last quarter.

JPMorgan Active Bond ETF Price Performance

Shares of NYSEARCA JBND opened at $54.01 on Thursday. The business’s 50-day simple moving average is $54.18 and its 200-day simple moving average is $53.98. JPMorgan Active Bond ETF has a 52 week low of $51.96 and a 52 week high of $55.78.

JPMorgan Active Bond ETF Cuts Dividend

The firm also recently declared a monthly dividend, which was paid on Wednesday, December 17th. Stockholders of record on Monday, December 15th were given a $0.031 dividend. This represents a c) annualized dividend and a dividend yield of 0.7%. The ex-dividend date of this dividend was Monday, December 15th.

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.