Essex LLC Has $33.22 Million Stock Holdings in JPMorgan Active Bond ETF $JBND

Essex LLC lifted its stake in shares of JPMorgan Active Bond ETF (NYSEARCA:JBND) by 45.0% during the fourth quarter, according to its most recent filing with the Securities & Exchange Commission. The firm owned 614,394 shares of the company’s stock after acquiring an additional 190,674 shares during the period. JPMorgan Active Bond ETF accounts for about 5.9% of Essex LLC’s portfolio, making the stock its 2nd largest position. Essex LLC’s holdings in JPMorgan Active Bond ETF were worth $33,220,000 as of its most recent filing with the Securities & Exchange Commission.

Several other institutional investors and hedge funds have also bought and sold shares of JBND. Cary Street Partners Financial LLC increased its stake in JPMorgan Active Bond ETF by 10.2% in the third quarter. Cary Street Partners Financial LLC now owns 2,121 shares of the company’s stock valued at $115,000 after purchasing an additional 196 shares in the last quarter. Blue Trust Inc. grew its stake in shares of JPMorgan Active Bond ETF by 1.2% in the 4th quarter. Blue Trust Inc. now owns 19,313 shares of the company’s stock valued at $1,044,000 after buying an additional 223 shares during the period. Western Wealth Management LLC increased its position in JPMorgan Active Bond ETF by 0.7% in the 3rd quarter. Western Wealth Management LLC now owns 40,340 shares of the company’s stock valued at $2,185,000 after buying an additional 265 shares in the last quarter. High Falls Advisors Inc increased its position 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 valued at $234,000 after buying an additional 428 shares in the last quarter. Finally, Total Clarity Wealth Management Inc. raised its stake in JPMorgan Active Bond ETF by 4.1% during the 3rd quarter. Total Clarity Wealth Management Inc. now owns 11,864 shares of the company’s stock worth $643,000 after buying an additional 464 shares during the period.

JPMorgan Active Bond ETF Trading Up 0.1%

Shares of NYSEARCA:JBND opened at $53.65 on Friday. The business’s 50 day simple moving average is $54.16 and its two-hundred day simple moving average is $54.20. 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 announced a monthly dividend, which was paid on Wednesday, February 4th. Stockholders of record on Monday, February 2nd were given a dividend of $0.1891 per share. 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) 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.