Bay Colony Advisory Group Inc d b a Bay Colony Advisors Invests $554,000 in JPMorgan Active Bond ETF $JBND

Bay Colony Advisory Group Inc d b a Bay Colony Advisors bought a new stake in JPMorgan Active Bond ETF (NYSEARCA:JBND) in the third quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The firm bought 10,220 shares of the company’s stock, valued at approximately $554,000.

Other large investors also recently bought and sold shares of the company. True Wealth Design LLC purchased a new stake in JPMorgan Active Bond ETF during the third quarter valued at $36,000. Mark Sheptoff Financial Planning LLC increased its holdings in shares of 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 buying an additional 237 shares during the last quarter. AdvisorNet Financial Inc purchased a new stake in shares of JPMorgan Active Bond ETF during the 2nd quarter valued at about $53,000. Assetmark Inc. purchased a new stake in shares of JPMorgan Active Bond ETF during the 2nd quarter valued at about $55,000. Finally, Cary Street Partners Financial LLC lifted 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 last quarter.

JPMorgan Active Bond ETF Trading Up 0.1%

JBND opened at $54.12 on Friday. The stock has a 50-day moving average of $54.19 and a 200 day moving average of $53.94. JPMorgan Active Bond ETF has a 12 month low of $51.65 and a 12 month high of $55.78.

JPMorgan Active Bond ETF Cuts Dividend

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

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.