Global Retirement Partners LLC Raises Stake in JPMorgan Active Bond ETF $JBND

Global Retirement Partners LLC increased its stake in JPMorgan Active Bond ETF (NYSEARCA:JBND) by 51.6% during the 3rd quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The firm owned 144,425 shares of the company’s stock after buying an additional 49,157 shares during the period. Global Retirement Partners LLC owned 0.21% of JPMorgan Active Bond ETF worth $7,822,000 as of its most recent SEC filing.

Other institutional investors and hedge funds also recently added to or reduced their stakes in the company. Cetera Investment Advisers increased its position in shares of JPMorgan Active Bond ETF by 63.7% during the second quarter. Cetera Investment Advisers now owns 1,700,150 shares of the company’s stock worth $91,111,000 after acquiring an additional 661,624 shares during the period. Vestmark Advisory Solutions Inc. purchased a new stake in shares of JPMorgan Active Bond ETF in the second quarter valued at approximately $1,887,000. Northwestern Mutual Wealth Management Co. bought a new position in JPMorgan Active Bond ETF in the first quarter worth approximately $82,000. ORG Partners LLC purchased a new position in JPMorgan Active Bond ETF during the 2nd quarter worth $657,000. Finally, KWB Wealth lifted its holdings in shares of JPMorgan Active Bond ETF by 95.3% in the 2nd quarter. KWB Wealth now owns 106,932 shares of the company’s stock worth $5,723,000 after buying an additional 52,173 shares during the period.

JPMorgan Active Bond ETF Price Performance

JBND opened at $54.00 on Friday. JPMorgan Active Bond ETF has a 12-month low of $51.65 and a 12-month high of $55.78. The business’s fifty day simple moving average is $54.23 and its 200-day simple moving average is $53.90.

JPMorgan Active Bond ETF Cuts Dividend

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