Cobblestone Asset Management LLC Sells 25,973 Shares of JPMorgan Active Bond ETF $JBND

Cobblestone Asset Management LLC lowered its stake in JPMorgan Active Bond ETF (NYSEARCA:JBND) by 13.3% during the third quarter, according to the company in its most recent Form 13F filing with the SEC. The institutional investor owned 169,802 shares of the company’s stock after selling 25,973 shares during the quarter. JPMorgan Active Bond ETF comprises approximately 4.2% of Cobblestone Asset Management LLC’s investment portfolio, making the stock its 9th biggest holding. Cobblestone Asset Management LLC’s holdings in JPMorgan Active Bond ETF were worth $9,196,000 as of its most recent SEC filing.

Other large investors also recently made changes to their positions in the company. Northwestern Mutual Wealth Management Co. bought a new stake in JPMorgan Active Bond ETF in the 1st quarter valued at $82,000. Royal Bank of Canada raised its stake in shares of JPMorgan Active Bond ETF by 52.8% in the 1st quarter. Royal Bank of Canada now owns 520,962 shares of the company’s stock valued at $27,882,000 after purchasing an additional 180,096 shares during the period. EP Wealth Advisors LLC bought a new stake in shares of JPMorgan Active Bond ETF in the first quarter valued at about $397,000. Integrated Wealth Concepts LLC bought a new stake in shares of JPMorgan Active Bond ETF in the first quarter valued at about $3,051,000. Finally, NewEdge Advisors LLC grew its holdings in shares of JPMorgan Active Bond ETF by 40.5% during the first quarter. NewEdge Advisors LLC now owns 74,880 shares of the company’s stock worth $4,008,000 after buying an additional 21,587 shares in the last quarter.

JPMorgan Active Bond ETF Price Performance

Shares of JPMorgan Active Bond ETF stock opened at $54.37 on Tuesday. The business’s 50 day simple moving average is $54.27 and its 200 day simple moving average is $53.88. JPMorgan Active Bond ETF has a 52-week low of $51.65 and a 52-week high of $55.78.

JPMorgan Active Bond ETF Cuts Dividend

The firm also recently disclosed 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) dividend on an annualized basis 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.