Focus Financial Network Inc. Boosts Holdings in JPMorgan Active Bond ETF $JBND

Focus Financial Network Inc. boosted its stake in JPMorgan Active Bond ETF (NYSEARCA:JBND) by 94.3% during the 4th quarter, according to the company in its most recent disclosure with the SEC. The firm owned 74,053 shares of the company’s stock after acquiring an additional 35,934 shares during the period. Focus Financial Network Inc.’s holdings in JPMorgan Active Bond ETF were worth $4,018,000 as of its most recent filing with the SEC.

A number of other hedge funds and other institutional investors have also recently added to or reduced their stakes in the stock. Cary Street Partners Financial LLC lifted its position in shares of JPMorgan Active Bond ETF by 10.2% during the 3rd quarter. Cary Street Partners Financial LLC now owns 2,121 shares of the company’s stock valued at $115,000 after buying an additional 196 shares during the last quarter. Western Wealth Management LLC grew its stake in shares of JPMorgan Active Bond ETF by 0.7% during the 3rd quarter. Western Wealth Management LLC now owns 40,340 shares of the company’s stock worth $2,185,000 after acquiring an additional 265 shares during the period. High Falls Advisors Inc increased its holdings in JPMorgan Active Bond ETF by 11.0% in the 3rd quarter. High Falls Advisors Inc now owns 4,323 shares of the company’s stock worth $234,000 after acquiring an additional 428 shares during the last quarter. Total Clarity Wealth Management Inc. increased its holdings in JPMorgan Active Bond ETF by 4.1% in the 3rd quarter. Total Clarity Wealth Management Inc. now owns 11,864 shares of the company’s stock worth $643,000 after acquiring an additional 464 shares during the last quarter. Finally, Northwest Financial Advisors raised its stake in JPMorgan Active Bond ETF by 1.1% in the 3rd quarter. Northwest Financial Advisors now owns 42,390 shares of the company’s stock valued at $2,296,000 after acquiring an additional 475 shares during the period.

JPMorgan Active Bond ETF Stock Down 0.3%

NYSEARCA JBND opened at $53.51 on Wednesday. JPMorgan Active Bond ETF has a 52 week low of $51.96 and a 52 week high of $55.78. The firm’s 50-day simple moving average is $54.22 and its two-hundred day simple moving average is $54.24.

JPMorgan Active Bond ETF Increases Dividend

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

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.