JPMorgan Active Bond ETF $JBND Position Reduced by Envestnet Asset Management Inc.

Envestnet Asset Management Inc. reduced its position in JPMorgan Active Bond ETF (NYSEARCA:JBND) by 22.1% during the 3rd quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission (SEC). The institutional investor owned 1,149,846 shares of the company’s stock after selling 325,982 shares during the period. Envestnet Asset Management Inc. owned about 1.60% of JPMorgan Active Bond ETF worth $62,276,000 as of its most recent SEC filing.

Other large investors have also made changes to their positions in the company. Mark Sheptoff Financial Planning LLC boosted 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 during the period. Ignite Planners LLC raised its stake in JPMorgan Active Bond ETF by 12.0% during the 3rd quarter. Ignite Planners LLC now owns 4,654 shares of the company’s stock valued at $252,000 after purchasing an additional 498 shares during the period. Harbour Investments Inc. lifted its holdings in shares of JPMorgan Active Bond ETF by 21.5% in the second quarter. Harbour Investments Inc. now owns 2,890 shares of the company’s stock valued at $155,000 after purchasing an additional 511 shares in the last quarter. Geneos Wealth Management Inc. boosted its position in shares of JPMorgan Active Bond ETF by 28.2% in the third quarter. Geneos Wealth Management Inc. now owns 2,717 shares of the company’s stock worth $147,000 after buying an additional 597 shares during the period. Finally, True Wealth Design LLC purchased a new position in shares of JPMorgan Active Bond ETF during the third quarter valued at $36,000.

JPMorgan Active Bond ETF Price Performance

NYSEARCA:JBND opened at $54.15 on Monday. The business’s fifty day moving average price is $54.12 and its 200 day moving average price is $54.07. JPMorgan Active Bond ETF has a 1-year low of $51.96 and a 1-year high of $55.78.

JPMorgan Active Bond ETF Increases Dividend

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

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.