Essex LLC Has $22.95 Million Stock Holdings in JPMorgan Active Bond ETF $JBND

Essex LLC raised its holdings in JPMorgan Active Bond ETF (NYSEARCA:JBND) by 1,064.1% during the 3rd quarter, according to the company in its most recent disclosure with the SEC. The firm owned 423,720 shares of the company’s stock after buying an additional 387,320 shares during the quarter. JPMorgan Active Bond ETF accounts for 4.2% of Essex LLC’s investment portfolio, making the stock its 6th largest holding. Essex LLC owned about 0.63% of JPMorgan Active Bond ETF worth $22,949,000 as of its most recent SEC filing.

Other large investors also recently modified their holdings of the company. True Wealth Design LLC acquired a new position in shares of JPMorgan Active Bond ETF during the 3rd quarter valued at $36,000. Mark Sheptoff Financial Planning LLC increased its stake in JPMorgan Active Bond ETF by 42.3% in the second quarter. Mark Sheptoff Financial Planning LLC now owns 797 shares of the company’s stock valued at $43,000 after purchasing an additional 237 shares in the last quarter. AdvisorNet Financial Inc acquired a new position in shares of JPMorgan Active Bond ETF during the second quarter valued at about $53,000. Assetmark Inc. bought a new position in shares of JPMorgan Active Bond ETF during the 2nd quarter worth about $55,000. Finally, Cary Street Partners Financial LLC grew its stake in shares of JPMorgan Active Bond ETF by 414.7% in the 2nd quarter. Cary Street Partners Financial LLC now owns 1,925 shares of the company’s stock valued at $103,000 after buying an additional 1,551 shares during the period.

JPMorgan Active Bond ETF Stock Down 0.1%

Shares of JPMorgan Active Bond ETF stock opened at $54.08 on Friday. The business has a 50-day simple moving average of $54.19 and a 200 day simple moving average of $53.93. JPMorgan Active Bond ETF has a one year low of $51.65 and a one year high of $55.78.

JPMorgan Active Bond ETF Cuts Dividend

The company also recently announced a monthly dividend, which was paid on Wednesday, December 17th. Stockholders of record on Monday, December 15th were given a dividend of $0.031 per share. 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 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.