Pallas Capital Advisors LLC Boosts Stake in JPMorgan Active Bond ETF $JBND

Pallas Capital Advisors LLC increased its holdings in shares of JPMorgan Active Bond ETF (NYSEARCA:JBND) by 2.0% during the third quarter, according to its most recent disclosure with the Securities and Exchange Commission. The fund owned 624,973 shares of the company’s stock after acquiring an additional 12,333 shares during the quarter. JPMorgan Active Bond ETF comprises 1.2% of Pallas Capital Advisors LLC’s investment portfolio, making the stock its 12th biggest position. Pallas Capital Advisors LLC’s holdings in JPMorgan Active Bond ETF were worth $33,849,000 as of its most recent SEC filing.

A number of other hedge funds also recently bought and sold shares of JBND. Mark Sheptoff Financial Planning LLC lifted its stake in JPMorgan Active Bond ETF by 42.3% in the 2nd quarter. Mark Sheptoff Financial Planning LLC now owns 797 shares of the company’s stock worth $43,000 after purchasing an additional 237 shares in the last quarter. Western Wealth Management LLC lifted its position in JPMorgan Active Bond ETF by 0.7% during the third quarter. Western Wealth Management LLC now owns 40,340 shares of the company’s stock worth $2,185,000 after buying an additional 265 shares in the last quarter. Northwest Financial Advisors boosted its stake in JPMorgan Active Bond ETF by 1.1% during the third quarter. Northwest Financial Advisors now owns 42,390 shares of the company’s stock worth $2,296,000 after buying an additional 475 shares during the last quarter. Ignite Planners LLC grew its holdings in JPMorgan Active Bond ETF by 12.0% in the 3rd quarter. Ignite Planners LLC now owns 4,654 shares of the company’s stock valued at $252,000 after buying an additional 498 shares in the last quarter. Finally, Harbour Investments Inc. grew its holdings in JPMorgan Active Bond ETF by 21.5% in the 2nd quarter. Harbour Investments Inc. now owns 2,890 shares of the company’s stock valued at $155,000 after buying an additional 511 shares in the last quarter.

JPMorgan Active Bond ETF Trading Up 0.3%

NYSEARCA JBND opened at $54.68 on Monday. The business’s fifty day simple moving average is $54.14 and its 200-day simple moving average is $54.11. JPMorgan Active Bond ETF has a 52 week low of $51.96 and a 52 week high of $55.78.

JPMorgan Active Bond ETF Increases Dividend

The company 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. This is a positive change 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) annualized dividend and a dividend yield of 4.2%.

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.