Cobblestone Asset Management LLC Decreases Stock Holdings in JPMorgan Active Bond ETF $JBND

Cobblestone Asset Management LLC lowered its stake in JPMorgan Active Bond ETF (NYSEARCA:JBND) by 13.3% in the third quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission (SEC). The institutional investor owned 169,802 shares of the company’s stock after selling 25,973 shares during the period. JPMorgan Active Bond ETF accounts for 4.2% of Cobblestone Asset Management LLC’s portfolio, making the stock its 9th largest position. Cobblestone Asset Management LLC owned 0.25% of JPMorgan Active Bond ETF worth $9,196,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

Other large investors have also recently bought and sold shares of the company. CWM LLC boosted its position in JPMorgan Active Bond ETF by 834.2% in the 2nd quarter. CWM LLC now owns 978,086 shares of the company’s stock valued at $52,416,000 after buying an additional 873,387 shares during the last quarter. Cetera Investment Advisers lifted its stake in shares of JPMorgan Active Bond ETF by 63.7% during the second quarter. Cetera Investment Advisers now owns 1,700,150 shares of the company’s stock valued at $91,111,000 after acquiring an additional 661,624 shares during the period. Lifelong Wealth Advisors Inc. bought a new position in JPMorgan Active Bond ETF in the second quarter valued at about $30,336,000. CGC Financial Services LLC acquired a new stake in JPMorgan Active Bond ETF in the second quarter worth about $23,749,000. Finally, Sagespring Wealth Partners LLC bought a new stake in JPMorgan Active Bond ETF during the 2nd quarter worth about $19,745,000.

JPMorgan Active Bond ETF Stock Performance

JPMorgan Active Bond ETF stock opened at $54.37 on Tuesday. JPMorgan Active Bond ETF has a 1 year low of $51.65 and a 1 year high of $55.78. The company’s 50-day moving average is $54.27 and its two-hundred day moving average is $53.88.

JPMorgan Active Bond ETF Cuts Dividend

The firm also recently disclosed a monthly dividend, which was paid on Wednesday, December 17th. Investors of record on Monday, December 15th were issued a $0.031 dividend. This represents a c) annualized dividend and a yield of 0.7%. The ex-dividend date was Monday, December 15th.

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.