Financial Planning Navigators CORP Takes $8.23 Million Position in JPMorgan Active Bond ETF $JBND

Financial Planning Navigators CORP purchased a new position in JPMorgan Active Bond ETF (NYSEARCA:JBND) in the 4th quarter, Holdings Channel.com reports. The institutional investor purchased 152,184 shares of the company’s stock, valued at approximately $8,229,000. JPMorgan Active Bond ETF accounts for 3.8% of Financial Planning Navigators CORP’s portfolio, making the stock its 9th biggest position.

A number of other hedge funds and other institutional investors have also recently modified their holdings of JBND. Goldman Sachs Group Inc. purchased a new position in JPMorgan Active Bond ETF during the first quarter valued at approximately $10,586,000. Baird Financial Group Inc. lifted its holdings in JPMorgan Active Bond ETF by 1.7% during the second quarter. Baird Financial Group Inc. now owns 112,727 shares of the company’s stock worth $6,041,000 after buying an additional 1,886 shares during the period. StoneX Group Inc. boosted its position in JPMorgan Active Bond ETF by 15.4% during the 2nd quarter. StoneX Group Inc. now owns 264,181 shares of the company’s stock valued at $14,157,000 after acquiring an additional 35,350 shares in the last quarter. Rosenblum Silverman Sutton S F Inc. CA boosted its position in JPMorgan Active Bond ETF by 38.7% during the 2nd quarter. Rosenblum Silverman Sutton S F Inc. CA now owns 83,010 shares of the company’s stock valued at $4,449,000 after acquiring an additional 23,155 shares in the last quarter. Finally, Cary Street Partners Financial LLC increased its holdings in shares of JPMorgan Active Bond ETF by 414.7% in the 2nd quarter. Cary Street Partners Financial LLC now owns 1,925 shares of the company’s stock valued at $103,000 after acquiring an additional 1,551 shares during the period.

JPMorgan Active Bond ETF Price Performance

JBND opened at $53.65 on Friday. JPMorgan Active Bond ETF has a 12 month low of $51.96 and a 12 month high of $55.78. The stock has a fifty day moving average price of $54.16 and a 200-day moving average price of $54.20.

JPMorgan Active Bond ETF Increases Dividend

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

About JPMorgan Active Bond ETF

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.