Bleakley Financial Group LLC Grows Stake in JPMorgan Active Bond ETF $JBND

Bleakley Financial Group LLC raised its holdings in shares of JPMorgan Active Bond ETF (NYSEARCA:JBND) by 88.9% during the third quarter, HoldingsChannel.com reports. The firm owned 55,806 shares of the company’s stock after buying an additional 26,264 shares during the period. Bleakley Financial Group LLC’s holdings in JPMorgan Active Bond ETF were worth $3,022,000 as of its most recent SEC filing.

A number of other institutional investors have also recently made changes to their positions in JBND. Dynasty Wealth Management LLC acquired a new stake in JPMorgan Active Bond ETF in the third quarter worth about $9,235,000. Cetera Investment Advisers raised its position in shares of JPMorgan Active Bond ETF by 63.7% in the 2nd quarter. Cetera Investment Advisers now owns 1,700,150 shares of the company’s stock valued at $91,111,000 after purchasing an additional 661,624 shares during the last quarter. Vestmark Advisory Solutions Inc. purchased a new position in shares of JPMorgan Active Bond ETF in the 2nd quarter valued at approximately $1,887,000. Bay Colony Advisory Group Inc d b a Bay Colony Advisors acquired a new stake in JPMorgan Active Bond ETF in the 3rd quarter worth approximately $554,000. Finally, Sonoma Allocations LLC purchased a new stake in JPMorgan Active Bond ETF during the 3rd quarter worth approximately $14,568,000.

JPMorgan Active Bond ETF Stock Performance

Shares of JPMorgan Active Bond ETF stock opened at $54.76 on Tuesday. The firm’s 50 day simple moving average is $54.21 and its two-hundred day simple moving average is $54.16. JPMorgan Active Bond ETF has a 12-month low of $51.96 and a 12-month high of $55.78.

JPMorgan Active Bond ETF Increases Dividend

The company also recently announced a monthly dividend, which was paid on Wednesday, February 4th. Investors of record on Monday, February 2nd were given a $0.1891 dividend. This represents a c) annualized dividend and a dividend yield of 4.1%. The ex-dividend date of this dividend was Monday, February 2nd. This is a positive change from JPMorgan Active Bond ETF’s previous monthly dividend of $0.19.

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.