Essex LLC Grows Holdings in JPMorgan Active Bond ETF $JBND

Essex LLC boosted its holdings in JPMorgan Active Bond ETF (NYSEARCA:JBND) by 45.0% in the fourth quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The fund owned 614,394 shares of the company’s stock after buying an additional 190,674 shares during the quarter. JPMorgan Active Bond ETF makes up approximately 5.9% of Essex LLC’s investment portfolio, making the stock its 2nd largest position. Essex LLC owned 0.58% of JPMorgan Active Bond ETF worth $33,220,000 at the end of the most recent quarter.

Several other hedge funds have also added to or reduced their stakes in JBND. Financial Planning Navigators CORP bought a new stake in JPMorgan Active Bond ETF during the 4th quarter worth approximately $8,229,000. Beaumont Financial Advisors LLC raised its stake in shares of JPMorgan Active Bond ETF by 4.3% during the fourth quarter. Beaumont Financial Advisors LLC now owns 11,724 shares of the company’s stock valued at $634,000 after acquiring an additional 481 shares during the last quarter. Blue Trust Inc. raised its stake in shares of JPMorgan Active Bond ETF by 1.2% during the fourth quarter. Blue Trust Inc. now owns 19,313 shares of the company’s stock valued at $1,044,000 after acquiring an additional 223 shares during the last quarter. Pinnacle Wealth Management LLC lifted its holdings in shares of JPMorgan Active Bond ETF by 1.6% during the fourth quarter. Pinnacle Wealth Management LLC now owns 269,526 shares of the company’s stock worth $14,573,000 after purchasing an additional 4,128 shares during the period. Finally, ERn Financial LLC grew its stake in shares of JPMorgan Active Bond ETF by 12.6% in the fourth quarter. ERn Financial LLC now owns 90,866 shares of the company’s stock worth $4,913,000 after purchasing an additional 10,141 shares during the last quarter.

JPMorgan Active Bond ETF Stock Performance

NYSEARCA JBND opened at $53.65 on Friday. JPMorgan Active Bond ETF has a twelve month low of $51.96 and a twelve month high of $55.78. The stock has a fifty day simple moving average of $54.16 and a 200 day simple moving average of $54.20.

JPMorgan Active Bond ETF Increases Dividend

The business also recently declared a monthly dividend, which was paid on Wednesday, February 4th. Stockholders of record on Monday, February 2nd were paid a $0.1891 dividend. 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. This represents a c) annualized dividend 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.