IFP Advisors Inc Purchases 10,214 Shares of JPMorgan Active Bond ETF $JBND

IFP Advisors Inc lifted its position in JPMorgan Active Bond ETF (NYSEARCA:JBND) by 21.0% in the third quarter, HoldingsChannel.com reports. The firm owned 58,909 shares of the company’s stock after purchasing an additional 10,214 shares during the quarter. IFP Advisors Inc’s holdings in JPMorgan Active Bond ETF were worth $3,190,000 at the end of the most recent reporting period.

Several other institutional investors and hedge funds have also recently modified their holdings of JBND. JPMorgan Chase & Co. lifted its holdings in shares of JPMorgan Active Bond ETF by 111.4% in the third quarter. JPMorgan Chase & Co. now owns 1,205,117 shares of the company’s stock worth $65,269,000 after buying an additional 635,086 shares in the last quarter. KERR FINANCIAL PLANNING Corp bought a new position in shares of JPMorgan Active Bond ETF during the third quarter worth $115,000. Opes Wealth Management LLC grew its stake in JPMorgan Active Bond ETF by 7.1% during the third quarter. Opes Wealth Management LLC now owns 183,180 shares of the company’s stock valued at $9,921,000 after acquiring an additional 12,210 shares in the last quarter. Captrust Financial Advisors purchased a new position in JPMorgan Active Bond ETF during the third quarter valued at $226,490,000. Finally, Advisory Services Network LLC bought a new stake in JPMorgan Active Bond ETF in the 3rd quarter valued at $66,000.

JPMorgan Active Bond ETF Trading Down 0.8%

Shares of JBND stock opened at $53.46 on Friday. JPMorgan Active Bond ETF has a 52 week low of $51.96 and a 52 week high of $55.78. The company’s fifty day simple moving average is $54.25 and its two-hundred day simple moving average is $54.24.

JPMorgan Active Bond ETF Cuts Dividend

The company also recently announced a monthly dividend, which was paid on Wednesday, March 4th. Stockholders of record on Monday, March 2nd were issued a $0.1734 dividend. This represents a c) annualized dividend and a dividend yield of 3.9%. The ex-dividend date of this dividend was Monday, March 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.