JPMorgan Active Bond ETF $JBND Shares Bought by Berger Financial Group Inc

Berger Financial Group Inc raised its position in JPMorgan Active Bond ETF (NYSEARCA:JBND) by 3.6% during the fourth quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The firm owned 1,331,163 shares of the company’s stock after purchasing an additional 45,862 shares during the quarter. JPMorgan Active Bond ETF accounts for approximately 4.2% of Berger Financial Group Inc’s portfolio, making the stock its 4th largest holding. Berger Financial Group Inc owned about 1.21% of JPMorgan Active Bond ETF worth $71,976,000 at the end of the most recent quarter.

Several other hedge funds and other institutional investors have also modified their holdings of JBND. Cary Street Partners Financial LLC increased its position in JPMorgan Active Bond ETF by 10.2% during the 3rd quarter. Cary Street Partners Financial LLC now owns 2,121 shares of the company’s stock worth $115,000 after purchasing an additional 196 shares in the last quarter. Blue Trust Inc. raised its holdings in JPMorgan Active Bond ETF by 1.2% in the fourth quarter. Blue Trust Inc. now owns 19,313 shares of the company’s stock valued at $1,044,000 after buying an additional 223 shares during the period. Western Wealth Management LLC lifted its position in JPMorgan Active Bond ETF by 0.7% during the third quarter. Western Wealth Management LLC now owns 40,340 shares of the company’s stock valued at $2,185,000 after buying an additional 265 shares in the last quarter. High Falls Advisors Inc grew its stake in JPMorgan Active Bond ETF by 11.0% during the third quarter. High Falls Advisors Inc now owns 4,323 shares of the company’s stock worth $234,000 after buying an additional 428 shares during the period. Finally, Total Clarity Wealth Management Inc. grew its stake in JPMorgan Active Bond ETF by 4.1% during the third quarter. Total Clarity Wealth Management Inc. now owns 11,864 shares of the company’s stock worth $643,000 after buying an additional 464 shares during the period.

JPMorgan Active Bond ETF Price Performance

JPMorgan Active Bond ETF stock opened at $54.05 on Friday. The firm has a fifty day moving average of $54.10 and a 200-day moving average of $54.17. JPMorgan Active Bond ETF has a 52-week low of $52.24 and a 52-week 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 dividend of $0.1891 per share. This is a positive change from JPMorgan Active Bond ETF’s previous monthly dividend of $0.19. The ex-dividend date of this dividend was Monday, February 2nd. This represents a c) dividend on an annualized basis and a yield of 4.2%.

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.