Balentine LLC Takes $732,000 Position in JPMorgan Active Bond ETF $JBND

Balentine LLC bought a new stake in shares of JPMorgan Active Bond ETF (NYSEARCA:JBND) in the third quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The institutional investor bought 13,512 shares of the company’s stock, valued at approximately $732,000.

Several other institutional investors also recently bought and sold shares of JBND. Cetera Investment Advisers raised its stake in shares of JPMorgan Active Bond ETF by 63.7% in the second quarter. Cetera Investment Advisers now owns 1,700,150 shares of the company’s stock worth $91,111,000 after purchasing an additional 661,624 shares during the last quarter. JPMorgan Chase & Co. increased its holdings in JPMorgan Active Bond ETF by 111.4% in the 3rd quarter. JPMorgan Chase & Co. now owns 1,205,117 shares of the company’s stock worth $65,269,000 after buying an additional 635,086 shares during the period. Essex LLC raised its position in JPMorgan Active Bond ETF by 1,064.1% during the 3rd quarter. Essex LLC now owns 423,720 shares of the company’s stock worth $22,949,000 after buying an additional 387,320 shares during the last quarter. Ocean Park Asset Management LLC acquired a new stake in JPMorgan Active Bond ETF during the 3rd quarter valued at approximately $19,048,000. Finally, Bank of America Corp DE purchased a new stake in shares of JPMorgan Active Bond ETF in the 2nd quarter valued at $18,593,000.

JPMorgan Active Bond ETF Price Performance

Shares of JPMorgan Active Bond ETF stock opened at $54.68 on Tuesday. The firm has a fifty day moving average price of $54.15 and a 200 day moving average price of $54.12. JPMorgan Active Bond ETF has a 1 year low of $51.96 and a 1 year high of $55.78.

JPMorgan Active Bond ETF Increases Dividend

The business also recently announced 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 represents a c) annualized dividend and a yield of 4.2%. 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.

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.