NewEdge Wealth LLC Has $25 Million Stake in JPMorgan Active Bond ETF $JBND

NewEdge Wealth LLC raised its position in JPMorgan Active Bond ETF (NYSEARCA:JBND) by 9.3% during the third quarter, according to its most recent filing with the SEC. The firm owned 463,479 shares of the company’s stock after purchasing an additional 39,390 shares during the period. NewEdge Wealth LLC owned 0.64% of JPMorgan Active Bond ETF worth $25,000,000 as of its most recent filing with the SEC.

Other hedge funds and other institutional investors have also bought and sold shares of the company. Cetera Investment Advisers boosted its holdings in shares of JPMorgan Active Bond ETF by 63.7% during the 2nd quarter. Cetera Investment Advisers now owns 1,700,150 shares of the company’s stock worth $91,111,000 after buying an additional 661,624 shares in the last quarter. Diversified Portfolios Inc. grew its stake in JPMorgan Active Bond ETF by 9.0% in the second quarter. Diversified Portfolios Inc. now owns 1,625,209 shares of the company’s stock valued at $87,095,000 after acquiring an additional 134,761 shares during the period. Envestnet Asset Management Inc. grew its stake in JPMorgan Active Bond ETF by 3.4% in the second quarter. Envestnet Asset Management Inc. now owns 1,475,828 shares of the company’s stock valued at $78,717,000 after acquiring an additional 48,194 shares during the period. Baldwin Wealth Partners LLC MA raised its position in shares of JPMorgan Active Bond ETF by 4.4% during the third quarter. Baldwin Wealth Partners LLC MA now owns 1,402,872 shares of the company’s stock worth $75,980,000 after purchasing an additional 59,131 shares during the period. Finally, Berger Financial Group Inc lifted its holdings in shares of JPMorgan Active Bond ETF by 1.4% in the 3rd quarter. Berger Financial Group Inc now owns 1,285,301 shares of the company’s stock worth $69,612,000 after purchasing an additional 18,348 shares in the last quarter.

JPMorgan Active Bond ETF Stock Down 0.1%

JPMorgan Active Bond ETF stock opened at $54.60 on Thursday. The firm’s fifty day moving average price is $54.18 and its two-hundred day moving average price is $54.13. 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 declared a monthly dividend, which was paid on Wednesday, February 4th. Investors of record on Monday, February 2nd were given a $0.1891 dividend. This represents a c) annualized dividend and a yield of 4.2%. 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.

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.