Farther Finance Advisors LLC Raises Stake in JPMorgan Active Bond ETF $JBND

Farther Finance Advisors LLC raised its holdings in JPMorgan Active Bond ETF (NYSEARCA:JBND) by 2,867.8% during the fourth quarter, according to the company in its most recent Form 13F filing with the SEC. The firm owned 14,839 shares of the company’s stock after purchasing an additional 14,339 shares during the quarter. Farther Finance Advisors LLC’s holdings in JPMorgan Active Bond ETF were worth $802,000 as of its most recent filing with the SEC.

Other institutional investors and hedge funds have also made changes to their positions in the company. Captrust Financial Advisors purchased a new position in shares of JPMorgan Active Bond ETF during the third quarter worth about $226,490,000. Private Advisor Group LLC raised its stake in JPMorgan Active Bond ETF by 293.8% during the 3rd quarter. Private Advisor Group LLC now owns 1,988,733 shares of the company’s stock valued at $107,710,000 after acquiring an additional 1,483,659 shares during the last quarter. Ameriprise Financial Inc. purchased a new stake in JPMorgan Active Bond ETF during the 3rd quarter valued at approximately $72,691,000. Bridgewater Advisors Inc. acquired a new stake in JPMorgan Active Bond ETF during the 3rd quarter worth approximately $53,477,000. Finally, Raymond James Financial Inc. lifted its position in JPMorgan Active Bond ETF by 171.6% during the 3rd quarter. Raymond James Financial Inc. now owns 1,026,382 shares of the company’s stock worth $55,589,000 after acquiring an additional 648,507 shares during the period.

JPMorgan Active Bond ETF Trading Down 0.1%

Shares of JBND stock opened at $53.83 on Friday. The business’s 50 day moving average is $54.07 and its two-hundred day moving average is $54.17. JPMorgan Active Bond ETF has a twelve month low of $52.24 and a twelve month high of $55.78.

JPMorgan Active Bond ETF Increases Dividend

The business also recently declared a monthly dividend, which was paid on Wednesday, February 4th. Investors of record on Monday, February 2nd were issued a dividend of $0.1891 per share. This is a boost from JPMorgan Active Bond ETF’s previous monthly dividend of $0.19. This represents a c) annualized dividend and a dividend yield of 4.2%. The ex-dividend date of this dividend was Monday, February 2nd.

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.