Bridgewater Advisors Inc. Makes New Investment in JPMorgan Active Bond ETF $JBND

Bridgewater Advisors Inc. purchased a new position in JPMorgan Active Bond ETF (NYSEARCA:JBND) in the 3rd quarter, according to its most recent 13F filing with the Securities & Exchange Commission. The institutional investor purchased 987,398 shares of the company’s stock, valued at approximately $53,477,000. JPMorgan Active Bond ETF makes up approximately 3.7% of Bridgewater Advisors Inc.’s portfolio, making the stock its 6th biggest holding. Bridgewater Advisors Inc. owned 1.37% of JPMorgan Active Bond ETF at the end of the most recent reporting period.

Several other institutional investors have also modified their holdings of the business. Dynasty Wealth Management LLC acquired a new position in JPMorgan Active Bond ETF during the third quarter worth $9,235,000. Cetera Investment Advisers raised its holdings in 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 in the last quarter. Vestmark Advisory Solutions Inc. acquired a new position in JPMorgan Active Bond ETF during the second quarter valued at approximately $1,887,000. Bay Colony Advisory Group Inc d b a Bay Colony Advisors bought a new position in JPMorgan Active Bond ETF in the third quarter valued at approximately $554,000. Finally, Sonoma Allocations LLC acquired a new position in shares of JPMorgan Active Bond ETF during the 3rd quarter worth approximately $14,568,000.

JPMorgan Active Bond ETF Price Performance

NYSEARCA JBND opened at $54.66 on Friday. JPMorgan Active Bond ETF has a 12 month low of $51.96 and a 12 month high of $55.78. The stock has a 50 day moving average of $54.19 and a 200-day moving average of $54.13.

JPMorgan Active Bond ETF Increases Dividend

The company also recently disclosed a monthly dividend, which was paid on Wednesday, February 4th. Stockholders of record on Monday, February 2nd were given a $0.1891 dividend. This is a boost from JPMorgan Active Bond ETF’s previous monthly dividend of $0.19. The ex-dividend date of this dividend was Monday, February 2nd. This represents a c) dividend on an annualized basis and a dividend yield of 4.2%.

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.