Sequoia Financial Advisors LLC Acquires New Position in JPMorgan Active Bond ETF $JBND

Sequoia Financial Advisors LLC acquired a new position in shares of JPMorgan Active Bond ETF (NYSEARCA:JBND) in the 3rd quarter, according to its most recent filing with the Securities & Exchange Commission. The fund acquired 100,298 shares of the company’s stock, valued at approximately $5,432,000. Sequoia Financial Advisors LLC owned 0.15% of JPMorgan Active Bond ETF at the end of the most recent quarter.

Other large investors have also recently bought and sold shares of the company. True Wealth Design LLC purchased a new stake in JPMorgan Active Bond ETF in the third quarter valued at $36,000. Mark Sheptoff Financial Planning LLC increased its position in shares of JPMorgan Active Bond ETF by 42.3% in the second quarter. Mark Sheptoff Financial Planning LLC now owns 797 shares of the company’s stock valued at $43,000 after buying an additional 237 shares in the last quarter. AdvisorNet Financial Inc purchased a new stake in JPMorgan Active Bond ETF in the 2nd quarter worth $53,000. Assetmark Inc. acquired a new position in shares of JPMorgan Active Bond ETF during the 2nd quarter worth about $55,000. Finally, Cary Street Partners Financial LLC raised its holdings in shares of JPMorgan Active Bond ETF by 414.7% during the second 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 Stock Performance

Shares of JBND stock opened at $54.07 on Tuesday. The stock’s fifty day moving average is $54.20 and its two-hundred day moving average is $53.97. JPMorgan Active Bond ETF has a fifty-two week low of $51.96 and a fifty-two week high of $55.78.

JPMorgan Active Bond ETF Cuts Dividend

The firm also recently disclosed a monthly dividend, which was paid on Wednesday, December 17th. Shareholders of record on Monday, December 15th were issued 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%.

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.